The Facts for October 2015

Number of combined Residential & Condominium sales was 1,161

  • Increase of 3.8% compared to 1,119 sales in October 2014

Breakdown:

↑ Number of residential sales was 959

  • Increase of 3.7% compared to 925 sales in October 2014

↑ Number of condominium sales was 202

  • Increase of 4.1% compared to 194 sales in October 2014

The 5 year average for the number of October sales is 1,100

Average sale price of all residential homes, including condominiums was $357,648

  • Increase of 0.5% compared to $355,906 in October 2014

Breakdown:

↑ Average Sale Price of residential homes was $380,075

  • Increase of 2.8% compared to $369,574 in October 2014

↓ Average Sale Price of condominiums was $251,177

  • Decrease of -13.6% compared to $290,739 in October 2014

Average Cumulative Days on Market was 93

  • Increase of 5.71% compared to 88 days on the market in October 2014

Breakdown:

  • Cumulative days on Market for residential properties was 91
  • Cumulative days on Market for condominium properties was 113

 

Average Sale Price to Average List Price Ratio = 96.8%