This is a single family residential report.
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Town of Riverview home sales are down 13 % year to end of May.
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Listings processed year to date are down 19%.
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The YTD sales to listings ratio climbs slightly.
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The twelve month average sale price advanced in all three areas.
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May 2007 |
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| Listings | Sales | Sales/Listings Ratio % | $ Average Sale Price | |||||
| Area | Month | YTD | Month | YTD | Month | YTD | Month | 12 Month |
| Center | 15 | 59 | 9 | 43 | 60 | 73 | 188,633 | 171,597 |
| East | 9 | 33 | 6 | 22 | 67 | 67 | 132,150 | 133,656 |
| West | 15 | 66 | 9 | 35 | 60 | 53 | 146,681 | 137,743 |
| TOTAL | 39 | 158 | 24 | 100 | 61 | 63 | ||
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May 2006 |
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| Center | 17 | 61 | 10 | 31 | 59 | 51 | 166,940 | 159,839 |
| East | 6 | 36 | 8 | 23 | 133 | 64 | 145,550 | 122,744 |
| West | 26 | 98 | 18 | 62 | 69 | 63 | 110,522 | 129,227 |
| TOTAL | 49 | 195 | 36 | 116 | 73 | 59 | ||
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May 2005 |
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| Center | 12 | 50 | 9 | 24 | 75 | 48 | 130,111 | 137,608 |
| East | 4 | 40 | 6 | 30 | 150 | 75 | 112,199 | 116,631 |
| West | 19 | 64 | 12 | 40 | 63 | 63 | 142,700 | 120,506 |
| TOTAL | 35 | 154 | 27 | 94 | 77 | 61 |
(I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in Riverview which is comprised of widely divergent neighborhoods.)
Larry Estabrooks is an independent real estate agent in Moncton, New Brunswick, Canada
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