"Softening sales and rising inventories will have an effect on prices going forward, perhaps opening some opportunities for buyers to step into a home that was previously unaffordable." Susi Woulds, Remax Landan
September Market Data:
. Total Sales: 1,462, down 1.15% year over year.
. New Listings: 3,266, up 9.74% year over year.
. Total Listings: 6,861, up 16.66% year over year.
. Average Days on Market: 45, down from 46 last year.
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: $508,900, up 1.11% year over year.
. TownHouse Condo: $336,000, up 1.54% year over year.
. Apartment Condo: $263,700, down 2.80% year over year.