A six-million dollar week! Who wold have thought? But it just goes to show that there are still some serious buyers in our marketplace! In total, 16 properties were sold (compared to 7 just one week ago). Total value of the transactions was just over $6.6 million, and double compared to the $3.3 million the week prior. The highest priced sale was a single family home in the Uplands/Redlands neighbourhood that sold for more than $890,000. The ratio of list price to actual sales price was 94% – buyers are taking advantage of anxious home sellers who know there is plenty of inventory on the market. Monday Market Report Dec 17 – 23, 2018
A six-million dollar week! Who wold have thought? But it just goes to show that there are still some serious buyers in our marketplace! In total, 16 properties were sold (compared to 7 just one week ago). Total value of the transactions was just over $6.6 million, and double compared to the $3.3 million the week prior. The highest priced sale was a single family home in the Uplands/Redlands neighbourhood that sold for more than $890,000. The ratio of list price to actual sales price was 94% – buyers are taking advantage of anxious home sellers who know there is plenty of inventory on the market.