January 2011 MLS Statistics

A good solid start to the year. Please remember these statistics are for the month of January so they can be a bit mileading. The statistics say that average sale price is down, but given the short time period, it really is saying that there were more lower end houses selling.
Here's the article from the Waterloo Regional Record.

Here are the statistics for January 2011:

	K-W This Month	K-W Last Year	Cambridge This Month	Cambridge Last Year
Avg. Sale Price	$ 279,037	$ 290,352	$264,336	$278,527
Percentage Change	-3.9%		-5.1%
Properties Sold	359	400	185	140
New Listings/Sales Ratio	38.2%	47.1%	39.3%	33.9%
Properties For Sale Now	1799	1566	671	695