Wednesday, May 05, 2010

Monthly MLS Statistics for April 2010

We're definitely in a boom market. Sales volumes are at or near peak, and prices are definitely going up. Agents are complaining evry day that there are not enough listings. Good listings are sold quickly, and often with multiple offers. The press is saying it's a concern about the upcoming HST and the threat of higher interest rates. This may be true, but it's a good spring market with some pent up demand from last year having an effect. It is hard to say how much longer this will go on, but right now there is no end in sight.

Here is the article in Thursday's Waterloo Region Record with some more detail.

Here are the statistics for April 2010:



K-W This MonthK-W Last YearCambridge This MonthCambridge Last Year
Avg. Sale Price$ 289,017$ 256,083$277,729$261,630
Percentage Change+12.9%+6.1%
Properties Sold724643308249
New Listings/Sales Ratio65.6%60.9%63.4%46.4%
Properties For Sale Now112915788811150

2 comments:

Patrick said...

Great real estate stuff as usual…. Thanks for this.

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Patrick said...

Great real estate stuff as usual…. Thanks for this.

Click here for: House Property For Sale