The September condo market continued to very active and provides good opportunities for both buyers and sellers.
In September 2022, average sales prices were around $213,000 compared to $217,000 in September 2021. This is a decrease of 2%. However, the annual increase for condos for the entire year is at 1% UP.
In September 2022, around 380 sales were registered compared to around 360 units sold in 2021.If sales volume for the last quarter equals that of last year, sales volume for the whole year will be around 700 units ABOVE last year or around 16% more than last year.
Days on Market
Condominiums sold in September 2022 after an average of 57 days, compared to 54 days in September 2021. This is…
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