A total of 725 residential properties were sold in the month of May compared to 768 the same time last year. This was only the second time since 2007 that residential sales in May have exceeded 700 total sales. Comparing the 5-year average for the month of May shows a 5.7 percent jump in residential sales.
"The spring home buying season was in full swing this May" says Lynn Bebenek, President of KWAR. "Strong sales and price gains reflect the confidence homebuyers have in regional housing market as a great place to live and invest."
May’s sales included 514 single detached homes (down 3.4 % from last year) 101 condominium units (down 17.9 %), 60 semi-detached (up 3.4 %) and 43 freehold townhouses (down 2.3 %).
Contact me today to find out what your home could sell for!
No comments:
Post a Comment