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Arefin Ahasan

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Greg Lipton

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Cell: (902) 394-1393
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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


Blue Ocean Real Estate