The market in Pimmit Hills has been going strong this spring and prices have worked their way upwards. For a standard 3/1 rambler the average price is now about $340,000. The last sale on Magarity Road of a basic rambler was $350,000 (and it sold in 2 days.) It was a corner lot on a busy street – Magarity is a popular street for teardowns though. It was also close to the new metro station.
On average 4 homes are selling per month – many in a week or less. While there are some million dollar homes listed for sale, the homes that are really selling are ones listed at $500k and below. That end of the market is really driving the sales.
Here are the last sales:
http://soldsense.com/2012/05/22/pimmit-hills-pushing-prices/
