Will that streak continue in January?
Between January 1-15, 10 homes have sold for $1 million or more. Last year during the same period, there were only 4 sales. The only other years with a better mid-month tally were in 2006 and 2008, both with 11 sales.
Elbow Park boasts the most expensive sale so far this month, sold for $2.5M.
What is the January total to beat? It’s 36, set back in 2007 (34 SFH & 2 condos)
As you can see in the chart above, only 8 had sold in the first half of January 2007 before sales surged with another 28 selling in the latter half.
While a year-over-year increase is almost certain, how many luxury homes do you think will sell this month? Post your guess below.