north glenmore/wilden/mckinley landing CONDO - JULY 2 0 2 4
MONTHS OF INVENTORY 17.0 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 13% VS 2023
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 12% VS 2023
▲ 12% VS 2023
▲ 70% VS 2023
▼ 67% VS 2023
There were 34 condo listings in North Glenmore/Wilden/Mckinley Landing in July, 17% above June and 70% higher than July 2023. July condo sales decreased by 50% month-over-month, to 2, and were 67% below July 2023. The months of inventory for condos in North Glenmore/Wilden/Mckinley Landing, at 17.0, reflected a buyers' market. The condo median price in July was $449,500, a 9% decrease from June and 12% above July 2023. The average sold price was $449,500, 7% below last month; the average PSF sale price was $462, down 3% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$462 $449,500 $449,500 17.0 2 34
$531 $401,417 $402,500 3.3 6 20
-13% 12% 12% 410% -67% 70%
$479 $482,925 $492,350 7.3 4 29
-3% -7% -9% 134% -50% 17%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE 34
39
26
25
29
24
24
22
26
21
20
22
17
17
8
21
20
5
5
5
6
3
3
3
2
5
2
4
4
$496K
$492K
$475K
$473K
$455K
$450K
$450K
$438K
$430K
$420K
$416K
$410K
$403K
Jul-23
Jun-24
Jul-24
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET <5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INV.
14
6.5
12
4+ bdrms
10
8
3 bdrms
1
6
4
2
2 bdrms
24
2
0
<$200K $200K-399K $400K-599K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M+ MOI INVENTORY SALES 0 7 n/a 2 13 6.5 0 11 n/a 0 2 n/a 0 1 n/a
<2 bdrms
9
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 August 6, 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. 36 ●
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