Monday, June 24, 2013

June 24 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.

June 2013June2012
Wk 1Wk 2Wk 3Wk 4
Uncond. Sales173
341
506

637
New Listings418
7301002

1449
Active Listings4809
4848
4863

 5189
Sales to New Listings
41%
47%
50%

 44%
Sales Projection692
682
675

Months of Inventory
8.1

Market contines to outpace last year by a bit, partially because of increased sales and partially because of significantly reduced new listings.  Will interest rates rising be this year's big event?  

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