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The average house price in Panorama Hills increased from $ 285,737 in 2004, to $ 324,384 last year. As well we saw an increase of over 20% in houses sold, while homes were selling in less time. With a shortage of inventory, and pent-up demand, I expect sales to be very strong for 2006, and prices to continue to rise. If you are considering a move, no one knows the market better, or works harder for clients.
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November 2005
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December 2005
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Year To Date
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| Sales |
27
|
13
|
218
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| Average
Sale Price |
$ 349,558
|
$ 351,368
|
$ 324,384
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| Highest
Sale Price |
$ 535,000
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$ 590,000
|
$ 630,000
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| Lowest
Sale Price |
$ 278,500
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$ 298,888
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$ 220,100
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| Average
Days To Sell |
42
|
42
|
39
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Sales by house style
| December
1 - 31, 2005 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 390,000 |
$ 390,000 |
$ 390,000 |
1 |
| Bi-level |
$ 305,000 |
$ 305,000 |
$ 305,000 |
1 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 298,888 |
$ 380,000 |
$ 348,278 |
10 |
| 2 Storey split |
$ 390,000 |
$ 390,000 |
$ 390,000 |
1 |
| Year to date |
| Bungalow |
$ 265,500 |
$ 630,000 |
$ 371,526 |
15 |
| Bi-level |
$ 252,000 |
$ 357,000 |
$ 282,466 |
15 |
| Split Levels |
$ 247,500 |
$ 247,500 |
$ 247,500 |
1 |
| 2 Storey |
$ 220,000 |
$ 535,000 |
$ 322,998 |
191 |
| 2 Storey Split |
$ 272,000 |
$ 519,000 |
$ 351,975 |
9 |
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I understand the Panorama Hills market, and would be happy to discuss Real Estate with you.
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