September 2008 MLS Statistics

I have just arrived home from the annual Prudential Canadian National Brokers's Meeting, and had some interesting conversations with brokers across the country about their local markets. For sure, there are many area feeling an unstable market with all the U.S. news. When you look at our September numbers, our market seems to be doing OK. We didn't experience some of the big upswings like Calgary and Vancouver encountered, so maybe we will see a softer downturn as well.

Here are the September 2008 MLS monthly statistics from our two real estate boards:

	K-W This Month	K-W Last Year	Cambridge This Month	Cambridge Last Year
Avg. Sale Price	$ 255,700	$254,134	$247,981	$248,172
Percentage Change	+0.6%		No Change%
Properties Sold	527	473	262	221
New Listings/Sales Ratio	57.0%	60.8%	51.8%	53.9%
Properties For Sale Now	2953	2816	672	749