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Single-family sales in February rose slightly from the both 2009 and 2010. With good activity in higher priced properties, the average price increased almost 5%; however, this is mainly due to the higher priced sales. Since the beginning of the year, single-family inventory has already increased by over 30%, it is likely that prices will remain stable at best. Overall spring should be a good time for homeowners, looking to upgrade in house, or location.
Please call if you would like more information, I am always happy to discuss Real Estate and market conditions.
|
January
2011 |
February
2009 |
February
2010 |
February
2011 |
| Sales |
11 |
12 |
10 |
15 |
| Average
Sale Price |
$ 498,104 |
$ 437,266 |
$ 499,280 |
$ 521,426 |
| Highest
Sale Price |
$ 580,000 |
$ 580,000 |
$ 570,000 |
$ 710,000 |
| Lowest
Sale Price |
$ 415,000 |
$ 349,900 |
$ 350,000 |
$ 433,000 |
| Average
Days To Sell |
40 |
68 |
65 |
46 |
Sales by house style
|
February 2011 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 547,500 |
$ 547,500 |
$ 547,500 |
1 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 433,000 |
$ 710,000 |
$ 519,564 |
14 |
| 2 Storey split |
----- |
----- |
----- |
0 |
| 2011 |
| Bungalow |
$ 547,500 |
$ 547,500 |
$ 547,500 |
1 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split Levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 415,000 |
$ 710,000 |
$ 507,210 |
24 |
| 2 Storey Split |
$ 580,000 |
$ 580,000 |
$ 580,000 |
1 |
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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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