Property prices in Scarborough have drifted over the past 12 months.
The median sale price for Scarborough for houses is currently $940,000, a growth of 2.2% over the past 12 months.
There have been 662 properties listed for sale over the past 12 months. This is lower than the same time last year when there were 782 listings and shows that we have fewer sellers coming onto the market than for the same time last year. On the sales side, 618 properties sold over the past 12 months compared to 667 for the previous year.
The current time on market for a house in Scarborough is 12 days.
For units, the median sales price is $555,000. Apartment have drifted by -1.9% over the year. Units in Scarborough typically sit on the market for 13 days.
Property market data can sometimes seem overwhelming. If you need help understanding what these numbers mean for you and how to interpret them for your own property goals, please don't hesitate to get in touch.
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