What’s the Cambridge Ontario Market Like

Posted: September 29, 2011 in General Information, Statistics
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People ask us all the time “How’s the Market?”. That depends whether or not you are buying, selling, investing or renting.  What is great for one client might not be the same for another.

So let’s review the stats for August 2011. There were 511 listings that hit the market an increase of 15% over last year. Total listings year to date are 4388 an increase of 9% over last year. August was a busy month for listings.  In August 245  sales were reported for an increase of 30% over August 2010. Year to date to the end of August saw 2083 sales for a 4% increase over last year. That being said we are headed in the right direction market wise as over last year and even 2009 numbers. The market remains strong and we have found that the strongest price range for sales is that $260,000 to $350,000 which saw 625 sales for the year. To really see what has been happening in your area and price range give us a call. We can always review the market and give you an idea at the same time as to what your home is worth. 

 

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