I can't remember when the market has been busier and this is my 15th year in the business. Another month of brisk activity with properties selling in 3 weeks. Many in less than 2 weeks and many above the asking price.
The average price for a detached 2-storey home was $844,000. Last month that average was $878,000 and a year ago it was $707,000.
27 homes sold above one million. The highest was for a Southeast lakefront estate which went for $5,300,000 as land value!
62 homes and apartments rented during the month between $1,000 & $5,600/mth. 18 of those were for apartments which rented between $1245 & $1875/mth.
5 year closed money can be had at 3.29% and 2.90% if it is a variable rate.
