Southview real estate market
Updated March 2024 · detached homes · Pillar 9 / CREB sales records
As of March 2024, the typical detached home in Southview sold for about $510,000 (a 3-month average). Homes there are taking around 12 days to sell at 100.1% of asking price.
- Typical sold price
- $510,000
- Days on market
- 12
- % of asking price
- 100.1%
3-month averages, smoothed to filter month-to-month noise · not an appraisal
As of March 2024, the typical detached home in Southview sold for $510,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.
Who holds the cards?
Negotiating leverage for detached homes in Southview, measured against the community’s own 5-year norm.
(+1.2% vs norm)
Homes are currently fetching 100.1% of asking against a 98.9% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.
Pricing & pace
Typical detached home sold price (line) against days on market (bars), last 24 months.
The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Southview is selling faster than the seasonal norm (a 3-month median of 12 days versus 24 days historically for this time of year). Historically, high liquidity and low supply have preceded upward pressure on prices.
Last 12 months at a glance
| MONTH | TYPICAL SOLD | DAYS ON MARKET | % OF ASKING |
|---|---|---|---|
| March 2024 | $575,000 | 12 | 100.0% |
| February 2024 | − | − | − |
| January 2024 | − | − | − |
| December 2023 | − | − | − |
| November 2023 | − | − | − |
| October 2023 | − | − | − |
| September 2023 | $450,000 | 14 | 99.3% |
| August 2023 | − | − | − |
| July 2023 | − | − | − |
| June 2023 | $500,000 | 10 | 101.0% |
| May 2023 | $480,000 | 6 | 102.2% |
| April 2023 | − | − | − |
Single-month medians for detached homes, not smoothed; − means too few sales to report.
Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: March 2024.