Homes sold in Davisville Village from August 1st to August 31st 2012 vs. the same period in 2011 are down 600%. 2 homes were sold this year in comparison to 14 homes sold last August. The dollar values over the same time frame has dropped 15% to an average sale price of $711,000. Homes in August were selling at 98% of the asking price in an average of 10 days.
On a larger scale, Davisville Village year-to-date home sales are up 5.4% over the same period last year from 123 to 130 homes sold. The average value of a home in our neighbourhood rose to $930,343 up 8.5% over the same period in 2011. Almost $121,000,000 of real estate has sold so far this year.
There are 18 homes available in Davisville ranging in from a semi-detached home at $529,000 to $1,789,000 for a newly built detached home.