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 very positive and year-to-date numbers are even better.
From January to the end of July, properties marketed through the Multiple Listing Service® are ahead of last year's record setting pace. The number of listings from January to the end of July is 11,625 - up from 11,410 last year (+2 %). Sales are 7,647 vs.7,469 last year (+2.4%). And dollar volume is up to $1.71 billion versus $1.52 billion in '09 (+13%).
The single detached resale activity is pretty balanced. 21% of the sales through MLS® are above $300,000; 39% are between $200,000 and $300,000; 34% are between $100,000 and $200,000 - and the remaining 6% are under $100,000. Average days on market for a single family residential sale was 28 days, 2 days faster than in 2009.
The condominium resale market showed an almost perfect bell-curve. 9% over $300,000 and 8% under $100,000; with 41% between $200-300,000 and 42% between $100-200,000. Condos averaged 31 days on market as opposed to 33 days last year.
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