New listings are stable and unit sales are up 16% so the sales to listings ratio climbs higher.
That means 2007 is off to a positive start in the city of Moncton. Compared to the same period in 2006, the average sale price is unchanged in Moncton North and advancing in Moncton East and Moncton Center.
What's not to like
March 2007 | ||||||||
---|---|---|---|---|---|---|---|---|
Listings | Sales | Sales/Listings Ratio | Average Sale Price | |||||
Area | Mnth | YTD | Mnth | YTD | Mnth | YTD | Mnth | 12 Mnth |
MC | 40 | 102 | 21 | 63 | 53% | 62% | $140,405 | $128,737 |
ME | 24 | 66 | 18 | 46 | 75% | 70% | $180,522 | $161,419 |
MN | 35 | 82 | 17 | 46 | 49% | 56% | $179,409 | $172,935 |
MW | 3 | 8 | 2 | 6 | 67% | 75% | $156,450 | $137,004 |
Total | 102 | 258 | 58 | 161 | 57% | 62% | ||
March 2006 | ||||||||
MC | 35 | 88 | 19 | 59 | 54% | 67% | $126,116 | $121,387 |
ME | 25 | 70 | 12 | 34 | 48% | 49% | $165,008 | $147,742 |
MN | 44 | 90 | 16 | 43 | 36% | 48% | $219,338 | $173,883 |
MW | 5 | 11 | 1 | 3 | 20% | 27% | $169,000 | $118,875 |
Total | 109 | 259 | 48 | 139 | 44% | 54% |