Contract Signed Report.
Significant observations in trend are as follows:
Average Sales price increased to $1.9M from $1.6M
Discount from last asking price decreased to -.5% from 2.7%
- due to a number of over bids on asking prices
Discount from last asking price decreased to -.5% from 2.7%
- due to a number of over bids on asking prices
Discount from original asking price decreased to 2.7% from 3.5%
Transactions sold at ask or above are strong at 44%
Median number of days on market from last ask price increased to 68 days from 55 days
- this may be due to the long holiday period
Sales of Condominiums increased to 63% and Cooperatives decreased to 36%
Active listings on market have increased 3% to 8,470 from 8,212
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