Hello, West Rouge and Centennial neighbours!
It’s your friendly neighbourhood real estate enthusiast, Mike Lind, back with another monthly update on the houses that sold in West Rouge and Centennial in November 2023. I hope this finds you well amidst the hustle and bustle of the approaching holiday season.
First things first, if you’re wondering why I’m in a different setting, well, I’ve reclaimed my basement! Yes, the familiar territory where it all began. My office, now illuminated by a lovely window, serves as the hub for all things real estate. And yes, I’ve got my CDs, my life’s soundtrack, as the backdrop – a mess, but my mess.
Speaking of the holidays, are you ready for Christmas? Because I’m not. The mere thought of braving the malls at this time of year sends shivers down my spine. But enough about my holiday shopping dread; let’s dive into the real estate gems of West Rouge and Centennial for November 2023.
But before we get into the nitty-gritty, a quick shoutout to Miles Goodwin, the late guitarist and lead singer of April Wine, who sadly joined the 27 Club. A true rock legend, may he rest in peace.
Now, let’s rewind to November 2022 for a quick comparison. West Rouge saw six homes change hands, with an average list price of $1,339,433 and an average selling price of $1,294,833. Fast forward to November 2023, and we witnessed seven sales, boasting an average list price of $1,019,414 and an impressive average selling price of $1,000,032,143. Homes are flying off the market in just 15 days, fetching 102% of the asking price – a solid performance.
For Centennial in November 2022, six homes sold with an average list price of $1,339,433 and a selling price of $1,294,833. Now, in November 2023, six homes again changed hands, but with a slight dip in prices. The average list price was $1,237,800, and homes sold for an average of $1,272,000, taking just 14 days to seal the deal at 103% of the list price.
Year over year, West Rouge experienced a price decrease of 9.1%, with just under two and a half months of inventory on the market. Centennial, on the other hand, saw a 10.46% dip in prices, boasting nearly two months of inventory.
Now, onto the stars of the show – the houses that captured hearts and wallets in November 2023.
West Rouge Highlights:
- Calderstone Crescent: A four-bedroom, four-washroom beauty on an 82×129-foot lot. Listed at $1.249 million, it sold for $1.21 million (97% of the list price) in just 17 days.
- Silver Gardens: A four-bedroom, three-washroom home on a 45×105-foot lot. Listed at $1.45 million, it sold for $1.365 million (94% of the asking price) in 37 days.
- Beaverbrook Court: A three-bedroom gem with a basement suite on a 50×120-foot lot. Listed at $799,900, it fetched $900,000 (113% of the list price) in just seven days.
- Rouge Hills Drive: A four-bedroom, two-washroom haven on a 50×193-foot lot. Listed at $1,000,088, it sold for $1,170,000 (108% of the asking price) in 10 days.
- Bryce Moore Drive: A two-bedroom plus basement suite on a 60×125-foot lot. Listed at $1,000,050, it sold for $1,000,010 (96% of the list price) in 14 days.
Centennial Standouts:
- Freeport Drive: A three-bedroom, three-washroom gem on a 30×79-foot lot. Listed at $899,000, it sold for $880,000 (98% of the list price) in 27 days.
- Darcy McGee Crescent: A four-bedroom, three-washroom stunner on a 55×110-foot lot. Listed at $1.199 million, it sold for $1.14 million (95% of the list price) in five days.
- Lake Ridge Drive: A three-bedroom plus basement suite with four washrooms on a 25×100-foot lot. Listed at $1,199,900, it sold for $1,215,000 (101% of the asking price) in 13 days.
- Meadowvale Road: A three-bedroom plus two-basement-suite charmer on a 60×126-foot lot. Listed at $949,900, it sold for $1,000,050 (111% of the list price) in six days.
- Juanita Road: A four-bedroom plus two-basement-suite beauty on a 55×110-foot lot. Listed at $1.45 million, it sold for $1.63 million (112% of the list price) in 11 days.
- Lawson Road: A massive four-bedroom plus basement suite with five washrooms on a 55×238-foot lot. Listed at $1.73 million, it sold for $1.717 million (99% of the asking price) in 20 days.
And there you have it – the rundown of the houses that made waves in West Rouge and Centennial for November 2023. I hope this information proves valuable, and if you’re interested in a complimentary annual review of your home’s value, feel free to reach out. Wishing you all a fantastic holiday season, and I’ll catch you in early January for the 2024 forecast!