May 31, 2020
WEEK 12: Newmarket's Weekly Pandemic Real Estate Market Update
Week 12 was a bit slow, but there were positive signs that things are improving. Here is a run down on what happened in Newmarket’s real estate market in our Week 12 Pandemic report.
The number of new listings was down by 31% from the same week in 2019, while the number of sales was down 56% from the same period.
The price range between $700k-$800k remains to be the most active segment of the market with 4 sales this week, bringing the total in this price segment since the state of emergency was declared to 48, which represents more than 33% of total sales during that period.
The most encouraging data point is the number of conditionally sold properties, which totals 27, is a good indicator what to expect next week.
May 29, 2020
New Listing: 345 Botsford Street, Newmarket
This property is coming back on the market today, and is ready for viewings.
Botsford street is one of the prettiest streets in old Newmarket, and is one traffic only heading towards Main Street, which means it’s very quiet… with the one exception being at drop off and pick up times from the 2 highly rated daycare centres on the street.
To view more on this property, visit: darcytoombs.ca/345botsford
Darcy Toombs
Real Estate Broker
I am a real estate Broker with Coldwell Banker The Real Estate Centre, in the town of Newmarket, which is located about 30 minutes north of Toronto, Ontario, Canada. I love my wife, our dog and my town!
Referred to as “Mr. Newmarket” by my friends, I love making sure friends, family and perfect strangers know how great a town we live in and try to get as many people involved as best I can with local events and charities.
This blog is intended to help Buyers, Sellers, Tenants & landlords better understand what is going on in the local real estate market.