CREB has released June’s statistics package: click here to view
June Stats at a Glance
- SFH sales are up 16% from last month to 1837. This is an increase of 28% from June 2008 (1439)
- SFH average price is up 2% from last month to $447, 142. This is down 6% from June 2008 ($436,427)
- SFH median price is up 2% from last month to $399,000. This is down 2% from June 2008 ($408,000)
- Condo sales are up 13% from last month to 738. This is an increase of 33% from June 2008 (556)
- Condo average price is up 4% from last month to $285,595. This is down 9% from June 2008 ($315,042)
- Condo median price is up 4% from last month to $265,500. This is down 6% from June 2008 ($282,000)
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Inventory levels continue to fall. The peak month-end inventory for SFH so far in 2009 was 4369 back in March. In all of 2008, only two months had less than this years peak: January 2008 with 3997 and December with 3860.
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As inventory falls month-to-month, sales continue to rise. The market has shifted speedily to the edge of a Balanced/Seller’s market. (1.9 Months for SFH, 2.4 for condos)
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1 response so far ↓
Barcelona Apartments // July 25, 2009 at 2:58 am
***The real estate come out the recession , its really just because of the positive buyers,seller and agent.And the also beneficial loan packages allow by the different banks ***