Condominium sales show a marked jump in activity compared to January 2016 with a 36% increase.
They are also up 17% over the 10 year average for January condomininum sales.
It showed also be noted the empressive showing of condo sales in January was borne out in the fact close to 20% sold for above list price in comparison to only 4% in January 2016.
The most active price range in MLS condominium sales was from $150,000 to $199,999 at 29%.
The next most active price range was from $100,000 to $149,999 at 15%.
The average days on market to sell a condo was 48 days, 14 days quicker than January 2016.