April 1 - 15

April 1-15
All categories of properties
New listings # 21
Contingent sales # 13
Closed sales #22
Home stats:
Residential homes sold this month had a average of 94% l/sale ratio.
that means ..the properties selling are the properties priced right as historically our l/s ratio has run between 94-96% in the past decade.
the average days on market were 173 average price sold the first 15 days were $668,000
Condominium stats:
average price $510,000
average days on market 447
List to sale ratio 90%
condo sales outsold home sales this month so far over 2:1, but price obviously was a factor in buyer motivation.
next month will be very interesting ..price stats will be up significantely
as there are many high end homes and condos under contract.
Have a good week-
glenn