With the exception of 1997 when January Sales were at 660. January 2012 Sales activity ranks among the best results for all Januarys as none have ever threatened the 600 sales level.
January MLS sales were down just 2 properties (564 from 566), while dollar Volume was up 7% in comparison to the same month last year.
New listings entered on the MLS. in January of 1,045 were off 8% from January 2011.
The most active residential-detached price ranges were almost evenly divided amongst three price ranges between $ 150,000 to $ 299,999. These sales represented 51% of the total sales.
Close behind the three Price Ranges was $ 100,000 to $ 149,999 with 15% of the total sales.
Condominium Sales were a different storey with only one price range from $ 150,000 to $ 199,999 making up 43% of all sales.
The Average Days on Market to sell a home in January was 42 days, 2 weeks slower than last month and the same pace as January 2011.
The Average Days on Market for Condominium Sales was 35 days, 2 weeks slower than last month and 3 days quicker than January 2011.