There were 372 sales in April with 22 properties going above one million and 154 selling between $500,000 & one million. The average days on market was up from March at 22 days. In April 2009 there were 310 sales and in 2008 there were 360 sales.
There were 68 rentals transactions. 24 were condo apts and 21 were detached homes. The highest rental was $8,500 a month for an apartment at 111 Forsythe.
The ultra high end market is still quite slow as are properties which are being offered as land value for new build situations.
Long term rates have edged up. 5 year money can be had for 4.29% with variable money offered at 1.75%. Prime is still 2.25%.
