Market Update
In February 2010, 795 houses were sold as compared to 623 in February 2009. The average price increased from $292,112 to $337,788; a 15.6% increase.
In February 2010, 323 condos sold as compared to 164 in February 2009. Average sale price increased from $204,157 to $265,938; a 30.3% increase.
The annual numbers are as follows: 11,574 houses sold in 2009 as compared to 10,783 in 2008. Average sale price increased from $310,779 to $325,198 for the same period.
3,168 condos sold in 2009 as compared to 2,947 in 2008; a 7.5% increase. Average sale price increased from $212,745 to $226,031 for the same period.
Overall, a very good year.
Larry Balkwill & Réjean Grégoire |
