Dan Welyk Realtor®  Since 1999

There Is No Substitute for Experience.

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September shows a 7% increase in sales over the same period in 2010 giving us a slight jump in numbers, however does this reflect in overall pricing increases?  No. 
I have seen some communities slip backwards in pricing however this may simply be – the homes selling are the ones priced right.  That is ultimately a reality.

October will more than likely mirror September’s home sales so if you are considering selling, accurate pricing is crucial – do not try push the market by listing higher than what is recommended.  You may be looking at a price reduction after a few weeks.

Market SnapShot

Single Family

 

Condo

Inventory

4753

 

2008

New Listings

2327

 

900

Sales

1036

 

429

Avg DOM

48

 

58

Avg Sale Price

$466,167

 

$299,508

Median Price

$400,000

 

$260,000

 

To view the entire statistics package, click here (.PDF).


 

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.