Tuesday, May 21, 2013

May 21 Market Update


MLS numbers update courtesy of the VREB via Marko Juras. These numbers are for the Victoria Real Estate Board's reporting area, including Sooke, Shawnigan Lake and the Gulf Islands.

May 2013May 2012 
Wk 1Wk 2Wk 3Wk 4
Uncond. Sales96
235
367

659
New Listings277
584916

1740
Active Listings4568
4642
4724

 5015
Sales to New Listings
35%
40%
40%

 38%
Sales Projection---
600
602

Months of Inventory
7.6

We won't hit last year's sales but listings are down to match,   Looks like MOI will be lower than last year again.

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