1853 Parkview Crescent #3 and #14 — both 3-bed, 3-bath townhomes, both built 2005, within 11 sqft of each other. Sold five months apart in 2025. The data below tracks each listing from day one.
Both units sold in 2025. Same complex, same year built (2005), same bed and bath count, near-identical square footage, same strata. Same buyer pool, same interest rate environment.
Unit #3 sold for $625,000 after 78 days and one price reduction. Unit #14 sold for $580,000 after 128 days and five reductions across two listing periods.
2355 Crestview Road is currently 48 days into its listing at $1,049,900 with no reductions. The case study below covers what each Parkview unit did at and after that point in the timeline.
Each line tracks a property's list price from day one. The vertical dashed line marks day 48 — where 2355 Crestview is today.
Three metrics. Two near-identical units. The spread on each.
Both units launched within $5,000 of each other. Unit #3's first listing carried an accepted offer that terminated at day 36 over strata concerns. The owner cancelled and relisted at $634,900 on day 46, then sold at $625,000 on day 78.
Unit #14 reduced from $639,900 to $629,900 (day 27), then to $619,900 (day 68), cancelled at day 84 and relisted at $609,900, reduced again to $599,900 (day 90), then to $585,000 (day 107), and sold at $580,000 on day 128.
Final spread: $45,000 difference in sale price, 50 additional days on market, four additional reductions.
Both units were at roughly day 48 with no offers in hand. Here's what happened next in each case.
Cancelled the original listing, relisted at a $10,000 reduction, accepted an offer within two weeks, sold at $625,000 on day 78. One reduction total. Sold 3.1% below original list.
First reduction at day 27. Second at day 68. Cancelled and relisted at day 84. Two more reductions. Sold at $580,000 on day 128. Five reductions total. Sold 9.4% below original list.