Charleswood (Winnipeg, MB)
By Harry Logan, Your Satisfaction is Guaranteed!
(RE/MAX executives realty)
WINNIPEG - Despite a drop in sales activity this summer in comparison to July and August last year, year-to-date sales are slightly above 2009 while dollar volume is up nearly 11% and closing in on $2 billion. August 2010 is clearly showing a softer first-time buyer market where residential-detached sales under $200,000 are down 33%. Even sales from $200,000 to $250,000 are off 16%. With the exception of the $300,000 to $350,000 price range where there were 6% more residential-detached units sold in August 2009 than August 2010, sales in the upper price range brackets are either equal or better than 2009 (e.g. twice as many sales over $500,000 in 2010 including two sales above $1,000,000). On the positive side, a moderating market which is allowing listings to catch up to demand is a go...
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By Harry Logan, Your Satisfaction is Guaranteed!
(RE/MAX executives realty)
WinnipegREALTORS® MLS® stats for July. With the weather way better than last July ... and maybe people thinking more about some sun, sand and surf rather than listing and selling - the numbers don't look all that bad. And looking at year-to-date ... there are still positives in this more balanced - healthier market. In July, there were 3,191 listings actually available for buyers to see ... down just 17 properties from July of last year (3,208). The number of new listings added in July this year was 1587 ... just 95 shy of last year's 1,682. Sales were 178 fewer than last year (1,195 vs. 1,373) and with 178 fewer sales, dollar volume dropped $15.2 million from July 2009 to $261,349,000 (from $276,582,000). Even though the numbers are off a little during the month, the stats are still ve...
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Winnipeg, MB Real Estate Professionals