Toronto west Homes
  Re/Max Realty Specialists Inc., Brokerage
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david@davidpylyp.com
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Buyers Sellers
 
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.  

shoptoism, luxury homes for sale Toronto

 

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

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