A lot of the residents in Scarborough have lived here for a long time, and it's no wonder there is a friendly sort of way about them. There is no shortage of college-educated people who are occupying the homes in this city, as the percentage is high. With many of its homes occupied by happily married couples, this city is a good place for families to settle down. Based on census data, residents of this locale have incomes that are above the norm.
Given its popularity and demand, Scarborough's real estate market is hot, with an average listing price of $3,219,333 this year; the average listing price increased 22.3 percent year-over-year. During the same period, inventory noticeably declined by 25 percent, somewhat narrowing the range of options for buyers looking to move to this area. This city is a great place to have your own swimming pool, as several of the neighbors do, since the weather is usually good.