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There have already been 12 sales of homes over $600,000 in the first five months of 2011, compared to 10 in all of last year. This confirms that the Panorama Hills market is improving, despite a slight decrease in sales overall, and an increasing listing inventory. As a result, throughout the summer, we should see strong sales for well priced, well-marketed homes.
Please call if you would like more information, I am always happy to discuss Real Estate and market conditions.
|
May
2009 |
May
2010 |
April
2011 |
May
2011 |
2011
to date |
| Sales |
27 |
19 |
26 |
21 |
89 |
| Average
Sale Price |
$ 463,738 |
$ 491,612 |
$ 500,938 |
$ 504,557 |
$ 502,660 |
| Highest
Sale Price |
$ 640,000 |
$ 560,000 |
$ 980,000 |
$ 900,000 |
$ 980,000 |
| Lowest
Sale Price |
$ 364,900 |
$ 370,000 |
$ 340,000 |
$ 349,900 |
$ 300,000 |
| Average
Days To Sell |
45 |
39 |
40 |
40 |
45 |
Sales by house style
|
May 2011 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 650,000 |
$ 676,000 |
$ 663,000 |
2 |
| Bi-level |
$ 407,500 |
$ 407,500 |
$ 407,500 |
1 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 349,900 |
$ 900,000 |
$ 491,747 |
17 |
| 2 Storey split |
$ 502,500 |
$ 502,500 |
$ 502,500 |
1 |
| Year to date |
| Bungalow |
$ 427,500 |
$ 676,000 |
$ 566,200 |
5 |
| Bi-level |
$ 407,500 |
$ 407,500 |
$ 407,500 |
1 |
| Split Levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 300,000 |
$ 980,000 |
$ 498,807 |
78 |
| 2 Storey Split |
$ 474,000 |
$ 580,000 |
$ 518,260 |
5 |
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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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