The Moose Jaw Real Estate Market in July 2009 has done considerably better than the same period last year.
Moose Jaw is a city located in south-central Saskatchewan, Canada. Residents of Moose Jaw are known as Moose Javians; it is widely known as a retirement and tourist city that serves as a hub to hundreds of small towns. Moose Jaw farms in the surrounding region of Saskatchewan.
The July 2009 report came in with there being a volume of 84 units sold; this is a 33% increase or 21 unit difference from July 2008.
The year to date units sold however is down 9% in July 2009 at 449 units, compared to 494 units in July 2008.
Although the year to date units sold might be down, we see that in July 2009 there was a 46% increase in the volume sales than the same period last year. There was a total of $15,131,200 in the volume of sales, which is $4.792,088 difference than in July2008.
We see that the average sale price has risen 10% in July 2009 reaching $180,133 and the year to date average sale price for 2009 has also gone up 1% to $176,813.
This has been a good month for Moose Jaw Real Estate Market as many of the statistics have gone above last year’s data.
The only exception would be the year to date volume of sales for 2009 being 8% or $7,192,475 lower than the year to date volume of sales in July 2008. The year to fate volume of sales for 2009 is reported to be at $79,389,009 at the July 2009.
On a brighter note, in June 2009 the year to date volume of sales was reported to be 16% lower than in the same period last year. With that said, we can see that the gap was shortened by 8% in the past month alone.
With the last two weeks of August ahead of us, we might be able to see further improvement in the current market to more positive results.
Jeff Markewich
Broker of Record with InfoMarket Group GMAC Real Estate
www.imgrealestate.ca
