BOOM! The Christmas slowdown season is upon us. In total, we sold a paltry 6 properties this past week (down from 14 the week prior). Total sales were just North of $2 million dollars. The week prior, total sales were more than $5.8 million. The highest priced transaction was a single family home in the Columbia/Duncan neighbourhood that sold for more than $600,000. It’s now fair to say that the Penticton housing market is in a Christmas cooldown……..A great scenario for people looking to buy! The ratio of list price to actual sales price was 97% – not too bad at all. Monday Market Report November 19-25, 2018
BOOM! The Christmas slowdown season is upon us. In total, we sold a paltry 6 properties this past week (down from 14 the week prior). Total sales were just North of $2 million dollars. The week prior, total sales were more than $5.8 million. The highest priced transaction was a single family home in the Columbia/Duncan neighbourhood that sold for more than $600,000. It’s now fair to say that the Penticton housing market is in a Christmas cooldown……..A great scenario for people looking to buy! The ratio of list price to actual sales price was 97% – not too bad at all.