For the full report of stats, click here:
November was a decent month with $41.4M in Gross Sales and 106 transactions. While this is down from the last few months, it is good for this time of year.
Compared to last November, Gross Volume was up by +25.3% (with the YTD. comparison at +15.09%), while transactions were slightly down -0.93% compared to last November, with the YTD. comparison at +6.08%.
Snapshot values compared to last year are still looking strong:
Average Sales Prices:
- Single Family +9%
- Multi Family +10%
- Vacant Land -9%
Median Sales Prices:
- Single Family +14%
- Multi Family +9%
- Vacant Land +15%
PPSF/PPAC:
- Single Family +16%
- Multi Family +4%
- Vacant +28%
There were 5 Bank sales in November compared to 3 in October.There were a total of 108 DOT recordings; with 46% of Sales Transactions having financing at the time of sale - and 54% closing with Cash.
Source: Land Title