Friday, March 4, 2011

London Ontario Real Estate : February 2011 Real Estate Stats

February 2011

Condos Sold   116 down 0.9 % from February 2010

2011 Year-to-date

Condos Sold  197 down -7.1% from 2010 Y-T-D which had  212 condo sales

Average Sale (Monthly) Price in 2011 was $170.035 up 2.7% from 2010 which was $165,625

Average Price (YTD) in 2011 is $174,217 up 3.7% from 2010 which was $168,805.

SALES TO LISTING RATIO REPORT

February 2011 was 43% (43 of every 100 listings sold)

February 2010 was 51%

This is a sign of a market trending to that of a Buyers Market. Sharp pricing is required to be successful in this type of a market.

If you have any questions regarding this report or require more information please call The Grants

 

THE GRANTS 

Connie Grant
Broker, ACCI, FCCI, CRES, CMOC
RE/MAX Hall Of Fame
 
Fraser Grant
Broker, CPM, FRI, CMOC, CRP, ACCI, FCCI
RE/MAX Hall Of Fame

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide St. N.,
London ON  N5Y 2L4

Phone 519.667.1800
Fax     519.667.1958
Toll Free 1.800.667.1801
Email:  sales@the-grants.com
Web Page: www.the-grants.com

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