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Montreal Market Statistics August 2007

Westmount, Cote St. Luc, Montreal-Ouest, Notre Dame-de-Grace

Market figures are from the Greater Montreal Real Estate Board's (GMREB) Multiple Listing Service (MLS) database.

The Month's Inventory along with year to year comparison of sold properties represent market conditions. Statistics are presented by property type as individual homes, condominiums and multi-unit (plex) properties have different selling cycles.

It is important that my clients know market conditions and understand the market. Misinformation is common in the real estate industry and can be a disservice to clients making decisions on faulty information.

I compile more complete information than can be exhibited here that can aid in decisions when buying and or selling. As my client, this information is made available for your use. One month's activity does not make a trend and so I use quarterly and other market information to advise my clients and help them make better real estate decisions.

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Moving forward to develop my business I realized I cannot increase my profile working in many neighbourhoods. For this reason, I am focusing on the neighbourhoods I know best. And so, I have altered my market statistics to reflect best the activity within the major districts I serve: Cote St. Luc, Montreal-Ouest, NDG and Westmount.

Posted Tuesday Sep 04

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