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Market Stats for Burke Mountain // May 2017

Blog by Rebecca Permack | June 4th, 2017

Outpricing the peak of last year's epic market!

Here are your Burke Mountain Real Estate Stats for May 2017! Townhomes continue to be the hottest product. It's an extreme seller's market with every single townhome listed in May being sold. Townhomes sold in about 8 days on average for 5% ABOVE asking price, and pricing is UP almost 17.5% over May 2016.

Single-family homes sold at a slower pace, with about 1/3 of listings being sold in an average of 11 days. Detached prices are UP nearly 1% over May 2016.

Need I state the obvious? If you've been on the fence about selling...these numbers should make it easier to pull the trigger.

I know this market inside out, and I'd love to talk to you about it. I can help you decipher these stats and give you some real-world insight into what's going on here in Burke Mountain. Coffee (or beer, if that's your thing) is on me!

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1) Simple & Easy to Understand – This report brings simplicity and clarity to complex real estate data and statistics.

2) Hot Areas to Buy and Sell – Know which neighbourhoods are hot, what home types and size are in demand, detailed inventory info, asking and sale prices, average time spent on the market, and many more useful details and figures.

3) Specific to Your Community – Know what's happening in your own neighbourhood with numbers and stats broken down by community.

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