Market Report for Montreal Ouest - July 2010

Market Report for Montreal Ouest - July 2010

The MLS ® system recorded 2 sales in Montreal-Ouest this July. 3 new homes came to market, a drop of 2 homes over the consistent 5 for the 3 previous months this season. The average price for the 2 sales was $475,000 and discounted an average of 4% off the last asking price.

The month’s inventory is consistently low due to the smaller number of homes and that it attracts families who look to raise their children in a stable climate.