Market activity for Mahogany, Cranston and Auburn Bay for January and February 2016 remains strong.
There were 10 detached home sales in Mahogany in January and February with a minimum sale price of $405,000 and a maximum of $860,000. An average price per sq foot for Mahogany was around $260 for this period.
Only 3 semi-detached properties sold in this period for an average of $377,000.
It seems like buyers are keener on purchasing a detached homes in this community, as it took over 3 months on average to sell a semi-detached house, where half of detached homes sold within a first month on a market.
Total of 24 detached properties sold in January and February 2016 in Cranston with a minimum sale price of $375,500 and maximum price of $675,000. Detached properties in Cranston currently sell on average within a month, for an average of 275 $/sf. Half of those homes sold within 30 days period.
In the same period 7 townhomes sold in Cranston. Prices for those attached homes vary between 300 and 400 thousand. It takes on average 70 days for a townhome to sell currently in Cranston, with the record minimum days on a market of 11.
Total of 31 detached homes sold in Auburn Bay since the beginning of this year. The maximum sale price reached 1.6M and a minimum 390K. Homes in Auburn Bay sell within a month on average for an average of 280$/sf. The minimum days on a market for a home in this time period was 8 and 30% homes sold within 2 weeks period. This indicates that Auburn Bay is holding its position as a very popular neighbourhood.
In the same time 13 attached properties sold in this community: 5 town-homes and 8 semi-detached. Town-home's prices varied between 275k and 353K, with an average days on market of 64. Semi-detached homes sold for an average of 380K with also an average of 60 days on market.
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