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Above $1 million, 3 properties sold this February the same number as in February 2011.
After the first two months of 2012, year-to-date MLS® unit sales are up 21% with 232 properties having sold compared to 192 in the same period last year. Dollar volume is also running well ahead of 2011 with $70.8 million is MLS® sales thus far this year compared to $62.4 in 2011, an overall increase of 13%.
As is the norm when we start approaching spring, listing activity started to pick up during February but that has also been the trend so far this year giving buyers lots of inventory to choose from. The number of new MLS® listings during February jumped 17% over February of last year with 502 properties coming onto the market. Year-to-date MLS® listings total 1,010 properties, up 10% from the first 2 months of 2011.
In my next post I will review sales by municipality, in the meantime if you have any questions or comments please feel free to contact me. rickcrouch@propertycollingwood.com
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