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Zelda Luchenski PROFESSIONAL
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Put Experience to Work for You!
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The Real Estate Profession is built on service and integrity and without exception, the most successful REALTORS® all have one thing in common: dedication to providing high quality service. When it comes to buying or selling, it is nice to know you can have the reliability of experience and knowledge working for you. You will find me to be a dedicated, concerned, and honest professional with a genuine commitment to providing superlative Real Estate Service. If there's anything I can do for you, just give me a call. Sincerely, Zelda |
WHAT'S HAPPENING IN THE MARKET
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MAY MLS® SALES BREAKS RECORDS (June 2009 Stats out soon.) Residential sales through the Regina and area Multiple Listing Service® in May ex eeded 2008 levels for the first time while breaking records for average price and dollar volume said the Association of Regina REALTORS® Inc. May marks the first month in 2009 that the number of sales exceeded 2008 levels. Average Residential Price: May - $266,743 up 9% from May 2008 of $245,391.
Year to date: - $246,599, up 5% over 2008’s $235,047. Average Days on the Market: May 2009 - 37 days before selling, This is the first time average days on the market has been below 40 for two consecutive months since September 2008. . List Price vs Selling Price: Homes sold at an average of 96.4% of asking price, the highest ratio so far in 2009."Once again, the numbers for the month are an indication of a vibrant local real estate market with strong demand for housing. Buyers are taking advantage of a level of supply not seen for many years which offers more choice without the extensive bidding up and competing offers that we saw at the beginning of 2008. Despite a decent number of sales taking place, sellers are still well advised to price their home for current market conditions to attract buyers”, said Gord Archibald, Executive Officer of the Association of Regina REALTORS® Inc. “We are anticipating that demand will remain strong for the foreseeable future with sales exceeding 2008 levels in many of the remaining months of the year”, concluded Archibald.
Source: www.reginarealtors.com |
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