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Wednesday (Oct 10th) Numbers
2007-10-11 01:14:00
Wednesday (Oct 10th) brought 52 new listings versus 48 sales-for a sell/list ratio of 92.31%.The 14 day rolling sell/list ratio now stands at 60.83%.Average list price of the sales was $215,654 & average sales price was $209,469.This means that average sales price today sold below the list by $6,184 or 2.87%.Of the 48 sales that occurred, 7 sold at or above over the asking price.That's 15% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3989.There were 18 Price Changes, 0 Price Increases & 18 Price Decreases
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Monthly Comparison: LONDON in September 2007
2007-10-10 17:33:00
September 2007 is now behind us & in the books. Much like August, September was another weaker month than the previous months. Again this is none-too-surprising as historically September & August, in terms of real estate performance, is consistently unspectacular.We've compiled the complete monthly stats, but before we get to them here is the usual clarification:These numbers represent LONDON ONLY and my target area is London residential and multi-family housing. Thus, when the mls stats come out in a week or so -and will be presented here as well such as they were in past months- the numbers will be much different. That is because those numbers will represent London & area and only residential(whereas I include multi-family property). First up as always, monthly prices.... & Prices increased. September's average list price was $211,681 & sale price average was $209,823. August's was an average list price of $199,941 & average sale $196,054. Thus, Septembe...
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Tuesday (Oct 9th) & Long Weekend Numbers
2007-10-10 17:10:00
Tuesday (Oct 9th) & the long weekend brought 44 new listings versus 3 sales-for a sell/list ratio of 6.82%.The 14 day rolling sell/list ratio now stands at 59.00%.Average list price of the sales was $231,900 & average sales price was $227,417.This means that average sales price today sold below the list by $4,483 or 1.93%.Of the 3 sales that occurred, 0 sold at or above over the asking price.That's 0% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3991.There were 23 Price Changes, 2 Price Increases & 21 Price Decreases
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Friday (Oct 5th) Numbers
2007-10-06 21:45:00
Friday (Oct 5th) brought 40 new listings versus 15 sales-for a sell/list ratio of 37.50%.The 14 day rolling sell/list ratio now stands at 60.33%.Average list price of the sales was $170,213 & average sales price was $166,573.This means that average sales price today sold below the list by $3,640 or 2.14%.Of the 15 sales that occurred, 3 sold at or above over the asking price.That's 20% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3957.There were 16 Price Changes, 3 Price Increases & 13 Price Decreases
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Thursday (Oct 4th) Numbers
2007-10-06 21:35:00
Thursday (Oct 4th) brought 31 new listings versus 22 sales-for a sell/list ratio of 70.97%.The 14 day rolling sell/list ratio now stands at 60.00%.Average list price of the sales was $210,864 & average sales price was $201,677.This means that average sales price today sold below the list by $9,186 or 4.36%.Of the 22 sales that occurred, 5 sold at or above over the asking price.That's 23% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3932.There were 26 Price Changes, 2 Price Increases & 24 Price Decreases
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Wednesday (Oct 3rd Numbers)
2007-10-06 21:26:00
Wednesday (Oct 3rd) brought 37 new listings versus 34 sales-for a sell/list ratio of 91.89%.The 14 day rolling sell/list ratio now stands at 61.59%.Average list price of the sales was $223,134 & average sales price was $215,814.This means that average sales price today sold below the list by $7,320 or 3.28%.Of the 34 sales that occurred, 3 sold at or above over the asking price.That's 9% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3933.There were 15 Price Changes, 0 Price Increases & 15 Price Decreases
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Tuesday (Oct 2nd) Numbers
2007-10-06 21:01:00
Tuesday (Oct 2nd) brought 37 new listings versus 21 sales-for a sell/list ratio of 56.76%.The 14 day rolling sell/list ratio now stands at 55.74%.Average list price of the sales was $261,724 & average sales price was $256,090.This means that average sales price today sold below the list by $5,634 or 2.15%.Of the 21 sales that occurred, 6 sold at or above over the asking price.That's 29% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3933.There were 19 Price Changes, 0 Price Increases & 19 Price Decreases
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Monday October 1st 2007 Numbers
2007-10-06 20:05:00
Monday (Oct 1st) & the weekend brought 47 new listings versus 17 sales-for a sell/list ratio of 36.17%.The 14 day rolling sell/list ratio now stands at 57.02%.Average list price of the sales was $245,218 & average sales price was $239,718.This means that average sales price today sold below the list by $5,500 or 2.24%.Of the 17 sales that occurred, 3 sold at or above over the asking price.That's 18% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3921.There were 19 Price Changes, 0 Price Increases & 19 Price Decreases
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Friday (Sept 28th) Numbers
2007-09-29 15:32:00
Friday (Sept 27th) brought 25 new listings versus 12 sales-for a sell/list ratio of 48.00%.The 14 day rolling sell/list ratio now stands at 61.74%.Average list price of the sales was $177,658 & average sales price was $173,350.This means that average sales price today sold below the list by $4,308 or 2.43%.Of the 12 sales that occurred, 2 sold at or above over the asking price.That's 17% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3895.There were 20 Price Changes, 0 Price Increases & 20 Price Decreases
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Thursday (Sept 27th) Numbers
2007-09-29 15:19:00
Thursday (Sept 27th) brought 37 new listings versus 40 sales-for a sell/list ratio of 108.11%.The 14 day rolling sell/list ratio now stands at 59.97%.Average list price of the sales was $200,753 & average sales price was $197,611.This means that average sales price today sold below the list by $3,142 or 1.57%.Of the 40 sales that occurred, 10 sold at or above over the asking price.That's 25% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3887.There were 28 Price Changes, 2 Price Increases & 26 Price Decreases
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Wednesday (Sept 26th) Numbers
2007-09-29 15:10:00
Wednesday (Sept 26th) brought 34 new listings versus 16 sales-for a sell/list ratio of 47.06%.The 14 day rolling sell/list ratio now stands at 55.75%.Average list price of the sales was $209,181 & average sales price was $202,113.This means that average sales price today sold below the list by $7,069 or 3.38%.Of the 16 sales that occurred, 2 sold at or above over the asking price.That's 12.5% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3896.There were 10 Price Changes, 1 Price Increases & 9 Price Decreases
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Tuesday (Sept 25th) Numbers
2007-09-26 00:43:00
Tuesday (Sept 25th) brought 46 new listings versus 44 sales-for a sell/list ratio of 95.65%.The 14 day rolling sell/list ratio now stands at 55.83%.Average list price of the sales was $207,234 & average sales price was $204,076.This means that average sales price today sold below the list by $3,158 or 1.52%.Of the 44 sales that occurred, 9 sold at or above over the asking price.That's 20% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3890.There were 29 Price Changes, 1 Price Increases & 28 Price Decreases
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Monday (Sept 24th) & The Weekend
2007-09-24 23:45:00
Monday (Sept 19th) & the weekendbrought 40 new listings versus 12 sales-for a sell/list ratio of 30%.The 14 day rolling sell/list ratio now stands at 52.80%.Average list price of the sales was $269,825 & average sales price was $260,372.This means that average sales price today sold below the list by $9,453 or 3.50%.Of the 12 sales that occurred, 2 sold at or above over the asking price.That's 17% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3890.There were 20 Price Changes, 2 Price Increases & 18 Price Decreases
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Friday (Sept 21st) Numbers
2007-09-24 15:09:00
Friday (Sept 19th) brought 45 new listings versus 21 sales-for a sell/list ratio of 46.67%.The 14 day rolling sell/list ratio now stands at 54.19%.Average list price of the sales was $207,637 & average sales price was $202,493.This means that average sales price today sold below the list by $5,145 or 2.48%.Of the 12 sales that occurred, 1 sold at or above over the asking price.That's 5% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3865.There were 10 Price Changes, 1 Price Increases & 9 Price Decreases
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Thursday (Sept 20th) Numbers
2007-09-24 14:59:00
Thursday (Sept 19th) brought 39 new listings versus 32 sales-for a sell/list ratio of 82.05%.The 14 day rolling sell/list ratio now stands at 57.66%.Average list price of the sales was $254,147 & average sales price was $248,314.This means that average sales price today sold below the list by $5,833 or 2.30%.Of the 32 sales that occurred, 8 sold at or above over the asking price.That's 25% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3850.There were 7 Price Changes, 2 Price Increases & 5 Price Decreases
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Wednesday (Sept 19th) Numbers
2007-09-23 17:23:00
Wednesday (Sept 19th) brought 37 new listings versus 29 sales-for a sell/list ratio of 78.38%.The 14 day rolling sell/list ratio now stands at 59.36%.Average list price of the sales was $209,256 & average sales price was $206,199.This means that average sales price today sold below the list by $3,057 or 1.46%.Of the 29 sales that occurred, 9 sold at or above over the asking price.That's 31% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3847.There were 34 Price Changes, 1 Price Increases & 33 Price Decreases
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Tuesday (Sept 18th) Numbers
2007-09-19 02:37:00
Tuesday (Sept 18th) brought 47 new listings versus 12 sales-for a sell/list ratio of 25.53%.The 14 day rolling sell/list ratio now stands at 58.47%.Average list price of the sales was $214,000 & average sales price was $210,958.This means that average sales price today sold below the list by $3,042 or 1.42%.Of the 12 sales that occurred, 3 sold at or above over the asking price.That's 25% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3858.There were 4 Price Changes, 0 Price Increases & 4 Price Decreases
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Monday (Sept 17th) & The Weekend
2007-09-18 01:47:00
Monday (Sept 17th) & the weekend brought 53 new listings versus 21 sales-for a sell/list ratio of 39.62%.The 14 day rolling sell/list ratio now stands at 62.24%.Average list price of the sales was $200,343 & average sales price was $195,833.This means that average sales price today sold below the list by $4,510 or 2.25%.Of the 21 sales that occurred, 5 sold at or above over the asking price.That's 24% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3827.There were 8 Price Changes, 0 Price Increases & 8 Price Decreases.
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Friday (Sept 14th) Numbers
2007-09-16 01:55:00
Friday (Sept 13th) brought 54 new listings versus 45 sales-for a sell/list ratio of 83.33%.The 14 day rolling sell/list ratio now stands at 62.28%.Average list price of the sales was $203,298 & average sales price was $199,720.This means that average sales price today sold below the list by $3,577 or 1.76%.Of the 45 sales that occurred, 6 sold at or above over the asking price.That's 13% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3798.There were 25 Price Changes, 2 Price Increases & 23 Price Decreases
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Thursday (Sept 13th) Numbers
2007-09-16 01:48:00
Thursday (Sept 13th) brought 60 new listings versus 13 sales-for a sell/list ratio of 21.67%.The 14 day rolling sell/list ratio now stands at 63.05%.Average list price of the sales was $286,546 & average sales price was $279,508.This means that average sales price today sold below the list by $7,038 or 2.46%.Of the 13 sales that occurred, 2 sold at or above over the asking price.That's 15% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3800.There were 15 Price Changes, 1 Price Increases & 14 Price Decreases
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Wednesday (Sept 12th) Numbers
2007-09-16 01:37:00
Wednesday (Sept 10th) brought 27 new listings versus 23 sales-for a sell/list ratio of 85.19%.The 14 day rolling sell/list ratio now stands at 73.75%.Average list price of the sales was $117,735 & average sales price was $172,552.This means that average sales price today sold below the list by $5,183 or 2.92%.Of the 23 sales that occurred, 2 sold at or above over the asking price.That's 9% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3758.There were 15 Price Changes, 1 Price Increases & 14 Price Decreases
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CREDIT CRUNCH! - Follow-up
2007-09-12 21:39:00
Following up on the Credit Crunch situation discussed here finds that Canada isn't is near as much danger as the US:?'We're decoupling in the sense that they're falling into a big pit, and we're falling into a little pit,' said Dale Orr, chief economist at Global Insight Canada."Furthermore, as reported in the Globe & Mail article As US Flounders Canada Holds Steady Heather Scoffield writes, "What seems like a credit market hurricane in the United States, wreaking widespread economic damage, is coming across as merely a twister in Canada. Its damage is severe but localized, confined to the commercial paper market. The rest of the economy is largely undisturbed, at least for now."Surprise, surprise. Here is the full article by Scoffield at G&M in its entirety:As U.S flounders, Canada holds steadyHEATHER SCOFFIELDGlobe and Mail UpdateSeptember 11, 2007 at 9:33 PM EDTThe difference in mood couldn't be more striking.In the United States, rating agency Moody's is talking abou...

Tuesday (Sept 11th) Numbers
2007-09-12 02:43:00
Tuesday (Sept 10th) brought 52 new listings versus 48 sales-for a sell/list ratio of 92.31%.The 14 day rolling sell/list ratio now stands at 71.88%.Average list price of the sales was $215,226 & average sales price was $208,879.This means that average sales price today sold below the list by $6,347 or 2.95%.Of the 48 sales that occurred, 8 sold at or above over the asking price.That's 17% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3763.There were 15 Price Changes, 1 Price Increases & 14 Price Decreases
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Monday (Sept 10th) & The Weekend Numbers
2007-09-12 02:26:00
Monday (Sept 10th) & the weekend brought 46 new listings versus 14 sales-for a sell/list ratio of 30.43%.The 14 day rolling sell/list ratio now stands at 68.47%.Average list price of the sales was $231,350 & average sales price was $226,743.This means that average sales price today sold below the list by $4,607 or 2.00%.Of the 14 sales that occurred, 4 sold at or above over the asking price.That's 29% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3767.There were 8 Price Changes, 2 Price Increases & 6Price Decreases
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AUGUST Official Stats Released!
2007-09-09 17:24:00
August 2007 stats are out & we've updated our charts for the month.Average Sales Price YTD (year-to-date) in August 2006 was $201,774 & YTD 2007 it is now $216,639 - this part includes London and area. That's the only information in this post that is. I'll explain in a second, but this pretty much corresponds to the information in my target area of just London for this month.... Click here for that report.Confused about what I'm talking about regarding target area & official stats & stuff? Allow me to clarify:The following information is a breakdown of residential (SFH) activity only & also I've omitted the St. Thomas & area. This information is according to London & St. Thomas Board of Realtor's Stats . This is the info you read about in the public & local media. I however, only track London & I omit St. Thomas and area. My stats are found here. The stats I track myself are from my own sources, so I like to compare them to the factual stats printed & collec...
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Friday (Sept 7th) Numbers
2007-09-08 18:11:00
Friday (Sept 7th) brought 46 new listings versus 19 sales-for a sell/list ratio of 41.30%.The 14 day rolling sell/list ratio now stands at 70.97%.Average list price of the sales was $209,411 & average sales price was $206,067.This means that average sales price today sold below the list by $3,343 or 1.60%.Of the 19 sales that occurred, 3 sold at or above over the asking price.That's 16% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3737.There were 18 Price Changes, 2 Price Increases & 16Price Decreases
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Thursday (Sept 6th) Numbers
2007-09-08 17:40:00
Thursday (Sept 6th) brought 51 new listings versus 26 sales-for a sell/list ratio of 50.98%.The 14 day rolling sell/list ratio now stands at 72.51%.Average list price of the sales was $217,181 & average sales price was $212,273.This means that average sales price today sold below the list by $4,908 or 2.26%.Of the 26 sales that occurred, 2 sold at or above over the asking price.That's 8% of the listings sold either at or over the asking price.Active listings for LONDON ONLY now stands at 3714.There were 5 Price Changes, 0 Price Increases & 5 Price Decreases
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Wednesday (Sept 5th) Numbers
2007-09-08 17:08:00
Wednesday (Sept 5th) brought 47 new listings versus 25 sales-for a sell/list ratio of 52.83%.The 14 day rolling sell/list ratio now stands at 77.88%.Average list price of the sales was $189,320 & average sales price was $185,025.This means that average sales price today sold below the list by $4,295 or 2.27%.Of the 25 sales that occurred, 4 sold at or above over the asking price.That's 16% of the listings sold at or over the asking price.Active listings for LONDON ONLY now stands at 3693.There were 10 Price Changes, 0 Price Increases & 10 Price Decreases
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Tuesday (Sept 4th) & Long Weekend
2007-09-08 16:29:00
Tuesday (Sept 4th) & the long weekend brought 53 new listings versus 28 sales-for a sell/list ratio of 52.83%.The 14 day rolling sell/list ratio now stands at 79.01%.Average list price of the sales was $205,057 & average sales price was $200,156.This means that average sales price today sold below the list by $4,902 or 2.39%.Of the 28 sales that occurred, 3 sold at or above over the asking price.That's 11% of the listings sold at or over the asking price.Active listings for LONDON ONLY now stands at 3679.There were 21 Price Changes, 0 Price Increases & 21 Price Decreases
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Monthly Comparison: LONDON in AUGUST 2007
2007-09-01 18:11:00
August 2007 is now in the books. August was weaker than the previous months, albeit none-too-surprising as historically August, in terms of real estate performance, is consistently unspectacular.We've compiled the complete monthly stats, but before we get to them here is the usual clarification:These numbers represent LONDON ONLY and my target area is London residential and multi-family housing. Thus, when the mls stats come out in a week or so -and will be presented here as well such as they were in past months- the numbers will be much different. That is because those numbers will represent London & area and only residential(whereas I include multi-family property). First up, monthly prices. Prices declined slightly. August's average list price was $199,941 & sale price average was $196,054. July's of course came in at average list $203,367 & average sale $201,509. Thus, August showed a decrease:Sales for August were very weak. Sales tallied 628 which lagged both June's 71...
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