1 BRs – The Hard Data
June 2006’s DC condo/co-op sales report shows the following for year-over-year condos priced from $400K to $499K, the current range for most of the 1 BRs in the PQ/GP area:
* year-to-date listings increased by 220.2 % – from 94 to 301
* year-to-date contracts fell by 25.2% – from 361 to 270
* year-to-date settlements fell by 18.4% – from 305 to 249
Total condo inventory across all prices grew from 429 to 1607 – a 274.9% rise.
Ref: http://gcaar.com/statistics/2006/dccc0506.pdf
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