The median single family sales price was down 6.6% in November 2011. Last year's median number was $198,000 and this year's November stat was $185,000. The average purchase price was down last month compared to last year by 6.5% to $218,230 from $233,286.
There are currently 415 active condo/townhomes listings on the market compared to 733last year in November, which is a 43.4% decrease. Sales were down slightly in November by 1.5% compared to Nov 2010 and down 15.2% compared to last month. The average purchase price for condo/townhomes was down 2.4% to 148,264 compared to Nov2010 stats.
The average single family home price is down 4.5% YTDand sales are up 3.4% YTD.
With sales up and prices down, even if you have to sell this could be the right time to get in the market!
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Luther Benson - Broker/Owner
Access Real Estate Professionals Inc.
21 Years of Experience
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