"Weak economic conditions continue to put pressure on sales and prices. As buying opportunities begin to form, it's important to consider all your options with an experienced professional before jumping in." Susi Woulds, Remax Landan
July Market Data:
. Total Sales: 1,741, down 12.56% year over year.
. New Listings: 2,683, down 10.21% year over year.
. Total Listings: 5,685 up 10.73% year over year.
. Average Days on Market: 46, up from 40 last July.
Benchmark Sale Prices:
(averages can be skewed by a few transactions in higher priced categories, benchmark numbers offer a more typical measure of homes for sale based on size, area and number of bedrooms)
. Detached House: $502,300, down 3.40% year over year.
. TownHouse Condo: $330,800, down 4.67% year over year.
. Apartment Condo: $277,000, down 6.58% year over year.