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West Toronto Listing to Sales Ratio
When we compare the number of Listings available in a current month vs the number of listings sold, we can conclude a ratio of Listings to Solds and How many months of inventory (Homes) are on the market. This allows us to best optimize, how we can negotiate on your behalf to get the best possible deal.  | Month | Listings | Solds | Ratio | | | | | | | May 9 | 8,418 | 3,490 | 41.45 | | Jun 09 | 7,310 | 4,097 | 56.04 | | Jul 09 | 6,697 | 3,761 | 56.15 | | Aug 9 | 6,199 | 3,067 | 49.47 | | Sept09 | 6,148 | 3,108 | 50.55 | | Oct 09 | 5,626 | 3,180 | 56.52 | | Nov 09 | 5,244 | 2,902 | 55.33 | | Dec 09 | 4,045 | 2,110 | 52.13 | | Jan 10 | 4,614 | 1,979 | 42.89 | | Feb 10 | 5,603 | 2753 | 49.13 | | Mar 10 | 7,052 | 4,054 | 57.35 | | Apr 10 | 8,355 | 4,271 | 51.12 | | May10 | 9,153 | 3,635 | 39.82 | The west numbers show 9,153 Active Listings with 3,645 Sales in May. This is less than three available for every home sold and moves us slightly from a Seller's Market into a more Balanced Market. There continues to be an increase in the number of homes listed for sale. Canada Mortgage and Housing predicts that inventory levels will not increase till second half of 2010. (The HST is coming) The Change of Daylight Saving time has not cooled off some shoppers and allow inventory to replenish. Inventory levels are repeating seasonal adjustments View Graph Easter and Mother's Day has passed and Summer May 24 weekend is approaching. Things are Slowing Down. June is a whole new month. I will continue to update this Listings to Sales ratio in coming months Follow me on Twitter.com/davidpylyp Professional and persistent in getting things done.
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