Again, homes in the Whitehills and Hyde Park neighbourhood in North West London have been selling quite well.
As of October 25, 2011, 288 houses and 84 condos sold , houses for 98% of their asking price and condos 99%! Houses in Whitehills took an average 42 days to sell followed by condos at 44 days.
Houses in this popular London neighbourhood sold at an average of $252,630 and condos at $155,896 which shows that this neighbourhood remains very price competitive.
Homes in the newer section of Hyde Park are ranging from $285,000 to $375,000 so as you can see, with the great schools and new shopping Big Box Stores being opened, this area is sought after.
It is a great time to look for a home in Hyde Park because you have a great choice of listings to choose from and with the market a little slow, sellers should be open to look at your offer.
I know of some great deals in this area and if saving money and time is important to you, then perhaps we should talk!
Comments(1)