|
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 | | |
| | | | Jan 09 | 7,737 | 1,027 | 13.27 | | Feb 09 | 7,944 | 2,544 | 32.02 | | Mar 09 | 9,052 | 2,407 | 26.59 | | Apr 09 | 9,157 | 3,078 | 33.61 | | 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 | The west numbers show 4,614 Active Listings with 1,979 Sales in January. This is less than two available for every home sold and places us firmly in a Seller's Market. New Listings were 3,859. 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 I will continue to update this Listings to Sales ratio in coming months Follow me on Twitter.com/davidpylyp 
|
