north glenmore/wilden/mckinley landing DETACHED - AUGUST 2 0 2 4
MONTHS OF INVENTORY 12.7 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 54% VS 2023
▼ 16% VS 2023
▼ 23% VS 2023
▼ 25% VS 2023
There were 114 detached listings in North Glenmore/Wilden/Mckinley Landing in August, 5% above July and 54% higher than August 2023. August detached home sales decreased by 36% month-over-month, to 9, and were 25% below August 2023. The months of inventory for detached in North Glenmore/Wilden/Mckinley Landing, at 12.7, re-ected a buyers' market. The detached median price in August was $929,000, a 24% decrease from July and 23% below August 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$948,222 $929,000 12.7 9 114
12 74
-16% -23% 105% -25% 54%
$1,216,179 $1,225,000 7.8 14 109
-22% -24% 63% -36% 5%
$1,134,792 $1,210,000 6.2
The average sold price was $948,222, 22% below last month and down 16% to August 2023.
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
114
106
77
100
109
88
82
66
74
74
77
66
57
54
53
39
17
14
14
13
9
9
8
8
7
6
12
2
9
$1.21M
$1.20M $1.17M $1.19M $1.23M
$1.16M
$1.11M $1.05M $1.03M
$960K
$938K
$929K
$860K
Aug-23
Jul-24
Aug-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
10.5
10.5
20
8.5
15
10
5
1.5
1.0
0
N/A
<$600K
$600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M+
MOI INVENTORY SALES
1 1 1.0
2 3 1.5
2 17 8.5
2 21 10.5
2 21 10.5
0 20 n/a
0 9 n/a
0 6 n/a
0 7 n/a
0 9 n/a
Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of September 9, 2024. All data from Association of Interior Realtors & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 34 ●
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