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Arefin Ahasan

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Cell: 902.978.2912
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Greg Lipton

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Cell: (902) 394-1393
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Phone: (902)393.1634
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Greater Charlottetown Area Housing Market-2012

Good Morning everyone,

Welcome to my first ever blog attempt!

This morning I thought I would talk about the Greater Charlottetown Area Housing Market for 2012.

According to CMHC the housing market is balanced with pricing remaining on par with 2011. But as I look over the sales in the last few months, it actually indicates that many homes have been dropping their list prices to try to find a buyer before the snow flies. There were 858 listings in the Greater Charlottetown Area this year to date and 500 of those have sold which makes a pretty good average of 59%. As compared to last year the average was 63% at this time we are still a little off the mark. There is a lot of inventory and buyers are getting scarce at this time of year. If you are considering purchasing a new home in the near future, now is the time to buy! There are some great deals to be made in the current Real Estate climate.

Greg Lipton

Broker/Owner

Blue Ocean Real Estate