March proved to be another successful month with 351 sales and the average days on market was just under 12.
Comparing to March 2008 there were 17 sales over $1,000,000. The same as in 2008. March '08 had 286 sales taking 27 days to sell on average.
This March 141 homes sold between $500,000 and one million compared to 123 in March '08.
There were 150 2 storey sales and 53 bungalows sales with average sale prices of $698,000 and $550,000, respectively. March 2008 saw 123 2 storey sales averaging $ 639,000 and 28 bungalow sales with an aveage price of $552,000.
There were 76 rentals this March compared to 43 in 2008.
Mortgage money is up slightly for longer term loans. 5 year money costs 4.18% however, variable rate loans are still very attractive at 1.75%.
April has seemed to be somewhat slower so far but we will soon see how the numbers fair.
