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As you can see, January single-family sales are up slightly from both 2009 and 2010. The current listing inventory is significantly higher than last year, and likely to continue to increase, so if listings continue to come to market at a higher rate than sales, we can expect pressure on property prices as spring approaches. If you are planning a move, I would be happy to meet and discuss your options, and the best way to approach the 2011 market.
I have a detailed monthly sales E-report including property details available, please email me at paul@paulbrinton.com to subscribe.
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January
2009 |
January
2010 |
December
2010 |
January
2011 |
| Sales |
7 |
10 |
13 |
11 |
| Average
Sale Price |
$ 465,114 |
$ 417,950 |
$ 431,388 |
$ 498,104 |
| Highest
Sale Price |
$ 670,000 |
$ 557,000 |
$ 485,000 |
$ 580,000 |
| Lowest
Sale Price |
$ 307,900 |
$ 245,000 |
$ 344,900 |
$ 415,000 |
| Average
Days To Sell |
126 |
28 |
57 |
40 |
Sales by house style
|
January 2011 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
----- |
----- |
----- |
0 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 415,000 |
$ 543,000 |
$ 489,915 |
13 |
| 2 Storey split |
$ 580,000 |
$ 580,000 |
$ 580,000 |
1 |
| 2010 |
| Bungalow |
$ 350,000 |
$ 570,000 |
$ 476,722 |
9 |
| Bi-level |
$ 392,000 |
$ 490,000 |
$ 425,600 |
5 |
| Split Levels |
$ 430,000 |
$ 430,000 |
$ 430,000 |
1 |
| 2 Storey |
$ 254,000 |
$ 1,006,500 |
$ 488,613 |
174 |
| 2 Storey Split |
$ 481,000 |
$ 545,000 |
$ 513,000 |
2 |
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To request a more detailed Market Report please email me at paul@paulbrinton.com
I understand the Panorama Hills market, and would be happy to discuss Real Estate with you.
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