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Sales were not only down from July, they were also down from August 2008 when 19 single family homes were sold. As well the average sale price was down over $20,000 from 2008, almost $35,000 from July; largely due to activity mainly in entry level homes. Listing inventory remained between 50 and 60 single-family homes, which is a good thing. With limited inventory, and low interest rates, I am cautiously optimistic we will see a strong fall market. If you are considering a move, I would be happy to discuss the Real Estate market, and assist you in planning for a successful move.
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July 2009 |
August 2009 |
Year to Date |
| Sales |
31 |
11 |
157 |
| Average
Sale Price |
$ 489,288 |
$ 454,818 |
$ 460,250 |
| Highest
Sale Price |
$ 668,000 |
$ 607,000 |
$ 670,000 |
| Lowest
Sale Price |
$ 296,000 |
$ 365,000 |
$ 289,900 |
| Average
Days To Sell |
40 |
45 |
57 |
Sales by house style
|
August 2009 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 365,000 |
$ 365,000 |
$ 365,000 |
1 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 358,000 |
$ 607,000 |
$ 463,800 |
10 |
| 2 Storey split |
------ |
------ |
------ |
0 |
| Year to Date |
| Bungalow |
$ 307,900 |
$ 650,000 |
$ 447,933 |
9 |
| Bi-level |
$ 369,200 |
$ 399,000 |
$ 384,400 |
3 |
| Split Levels |
$ 296,000 |
$ 406,000 |
$ 349,750 |
4 |
| 2 Storey |
$ 289,900 |
$ 670,000 |
$ 464,767 |
139 |
| 2 Storey Split |
$ 440,000 |
$ 633,000 |
$ 536,500 |
2 |
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I understand the Panorama Hills market, and would be happy to discuss Real Estate with you.
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