Mackenzie
Real Estate Trends

Housing Market Report for August 2016

Mackenzie Housing Prices

Average Sold Price

Mackenzie Housing Inventory

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About this Report

With Zolo's real estate market trends, you'll get real-time data on Mackenzie's housing market. If you're curious about your city's average house price, housing inventory, or average days on market, all this has now been broken down for you. This report's home price data evaluates sales history between July 10 - August 07 and includes percent changes from the same 28-day period in 2018. In addition to all these real estate statistics, at the bottom of our report is a list of all cities, ranked based on their home sold price, price growth, days on market, and turnover. This way, not only do you get a comprehensive view of the Mackenzie housing market, but you also get to see how it stacks up against other cities. All this data is intended to give you a thorough understanding of both the local Mackenzie and the Greater area, so that ultimately, you'll be able to make a well-informed decision about where you'd like to live. Enhance your real estate research by using Zolo's market report with other MLS® stats, such as the MLS® Home Price Index.

Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.

A contract is firm when both the home seller and buyer agree to the transaction, however this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you're seeing is reported in real-time.

Data is reported in 4 or 8 week periods.

28 and 56 day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.

What does pro-rated data mean?

Based on historical reporting, it can take up to four weeks or more for transactions to be reported. This means that approximately 30% of home transactions that occured within this period have yet to be included in this report. Because of this, this period's numbers are considered "pro-rated."