Princess-Rosethorn Market Stats 2024

Princess-Rosethorn Market Stats 2024

Interested in this area? want to learn all the market insights about Princess Anne area? This video is for you!

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During the first six months of 2024, a total of 62 detached homes have been sold in Princess Rosethorn. These homes varied widely in style, including mid-century ranch bungalows and newer two-storey homes."
"One of the standout statistics is the average list price, which was approximately $2.2 million. However, what's more interesting is the average sold price, which came in slightly lower at $2.18 million. This indicates a highly competitive market where buyers are negotiating prices close to the listing." But don’t be fooled some homes are selling for more than asking price.

"The median price for homes sold was around $1.93 million, with some properties fetching as high as $4.8 million and as low as $1.09 million. This broad range shows the diverse appeal of the neighbourhood, catering to different buyer preferences and budgets."

"Now, let's talk about the speed of sales. Homes in Princess Rosethorn spent an average of just 23 days on the market. The median was even lower at 11 days, with some properties selling in as few as 2 days. This quick turnover is a clear indicator of the strong demand in this area."

the number of bedrooms in these homes predominantly averaged three, and the number of washrooms averaged four. This balance makes Princess Rosethorn ideal for families looking for spacious and comfortable living environments."

"Tax-wise, the average annual property taxes were around $8,345, reflecting the premium nature of this neighbourhood. It's a worthwhile investment considering the lifestyle and amenities on offer."

"So, what does this mean for prospective sellers in Princess Rosethorn? The market is moving, with homes selling quickly and at competitive prices. If you've been considering selling, now is a fantastic time to capitalize on this trend. "

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