Sales volumes this September were up 8.5% year over year with 223 sales but down slightly from this August's 226 sales. The average time to took to sell was about 28 days which is quicker than August 2011 & Sepetmber 2010 where it took 33 and 37 days to sell on average, respectively.
There were 92 detached 2 storey sales w/an average price of $781,000. There were 31 detached bungalow sales with an average price of $573,000, while Freehold THs saw 36 sales w/an average price of almost $470,000 and 20 condo apartments sold w/an average price of almost $275,000.
The rental activity was off with only 57 rentals during the month compared to 89 this August and 62 in September 2010.
The number of sale for homes above one million remained steady with 18 sales this month compared to 19 a year ago. Only 3 homes sold at or above the 2 million dollar mark with the highest sale during September coming in under 2.5 million.
