In October 2011, 8 homes sold in Summerhill, at an average price of $1,164,250. On average these properties took 16 days to sell and sold at 101% of their listing price. A total of $9,314,000 worth of real estate changed hands on the MLS system in October.
The signs still point to a seller’s market in Summerhill. Average selling price is slightly down (2%) as compared to last year but homes are selling at 101% of their asking price, they are taking 4 fewer days to sell as compared to last year and 60% more properties sold this year. Now is a good time to sell in Summerhill.
Provided below are some overview charts of the activity in Summerhill since Dec 2009. If you would like to download the full pdf report of all the homes that sold in Summerhill in October 2011 click here: Summerhill Real Estate Market Report October 2011 Donwload