Friday, November 6, 2015

October 2015

October had 241 sales with an average time on the market of 25 days.  61 of those sold above $1,000,000.  In October 2014 there were 236 sales.

The average price for a detached 2-storey home sale was $1,093,000 about 5% lower than September's average sale price $856,000 while the mean was $750,000.  A year ago those numbers were $843,000 and $705,000, respectively.

Financing remains very attractive and inventory is light.  And the bidding wars continue!

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