Stouffville Detached Housing market continues being very strong July 2021

Stouffville Detached Housing market continues being very strong July 2021

Stouffville Detached Housing market continues being very strong July 2021

Video

Average Price of freehold housing in Stouffville remains steady

Freehold Attached Market

The freehold attached houses' average price, including town, semi, and link houses, was unchanged v.s. last month, up 21.8% from the same month last year. The average time to sell this type of home is around 8.7 Days. The current month of inventory of Attached houses in Stouffville is about 0.2. Therefore, this segment of housing is currently in a Strong Seller's Market. We will see price increase of this segment of the houses in the following months.

Freehold Detached Market

The average price of detached houses was up 9.1% from the previous month, up 37.4% from the same month last year. Approximately 73.7% of total freehold units sold in Stouffville last month are Detached houses. If you plan to buy a detached home in Stouffville, you will need to spend an average of $1.7M. The current month of inventory of detached dwellings in Stouffville is around 1.13. Both new listings and sold listing dropped by about 12%.

If you plan to move to Stouffville or you want to learn more about real estate investment opportunities in Stouffville, please contact Whitchurch Stouffville real estate agent Realtor Alan Zheng at 647-877-9311.