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.
| August 2013 | August 2012 | ||||
| Wk 1* | Wk 2 | Wk 3 | Wk 4 | ||
| Unconditional Sales | 181 | 305 | 462 | ||
| New Listings | 337 | 568 | 1025 | ||
| Active Listings | 4661 | 4663 | 5034 | ||
| Sales to New Listings | 54% | 54% | 45% | ||
| Sales Projection | 568 | 496 | |||
| Months of Inventory | 10.9 | ||||
*Week 1 being 7 weekdays
Sales continue to pace around 16 per day. Apologies to Leo if I did the sales projection math wrong...
Some friends of mine sold their house in the past month or so. They'd owned it for not quite four years. From purchase price to sale price they got about 20% more. Crazy considering they hadn't done anything significant to the property other than slap on fresh paint and replace a small rotted deck. Individual house transactions can be completely disconnected from 'the market' eh?
No comments:
Post a Comment