Market Update
In December 2009, 504 houses were sold as compared to 352 in December 2008. The average price increased from $292,862 to $330,471; a 12.8% increase.
In December 2009, 185 condos sold as compared to 115 in December 2008; a 60.9% increase. Average sale price increased from $208,748 to $246,062; a 17.9% 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 |