I believe they call it a “New Year’s Hangover”! At least we managed to stay consistent. In total, just 5 properties were sold this week, that’s the same number as the week prior. Total value of these five transactions was just over $1.7 million, compared to $2.5 million the week prior. The highest priced sale was a single family home in the Columbia/Duncan neighbourhood that sold for more than $475,000. The ratio of list price to actual sales price was 96% – better than the week before (93%), but buyers are still in control of the process with so much inventory still on the market for sale
Here was the breakdown (December 31st to January 6th) Monday Market Report Dec 31-Jan 6, 2019
I believe they call it a “New Year’s Hangover”! At least we managed to stay consistent. In total, just 5 properties were sold this week, that’s the same number as the week prior. Total value of these five transactions was just over $1.7 million, compared to $2.5 million the week prior. The highest priced sale was a single family home in the Columbia/Duncan neighbourhood that sold for more than $475,000. The ratio of list price to actual sales price was 96% – better than the week before (93%), but buyers are still in control of the process with so much inventory still on the market for sale
Here was the breakdown (December 31st to January 6th)