Quite an active month. July's activity was more like June's a which is understandable given the long cold winter we had. Buyer's started looking later and are still trying to lock up homes for the school year.
There were 249 sales during the month 50 of which sold above $1,000,000. Last July the sales volume was 33% less. The average price for a 2 storey home was a wopping $1,075,000 up 16% over a year ago. A detached bungalow in July wasn't cheap either with an average cost of $840,000 or, approximately 80% the cost of a 2 storey home.
Homes took 33 days to sell which is in line with a year ago and 78 rental properties changes hands.
