Numbers courtesy of VREB via Marko Juras.
2010 (2009 September monthly totals in brackets)
Net Unconditional Sales: 185 (776)
New Listings: 779 (1,129)
Active Listings: 4,214 (3,419)
There are nine business days left in the month. Will sales volumes hit 300?
Prices are falling quickly, although the average price as reported by VREB will likely show a monthly increase in September from August.
Here's a snap shot of price action in September, again courtesy of Marko.
Price Original = $643,469
Price List = $630,605
Price Sold = $606,730
Sellers are accepting offers, on average, 6% below their original price.
I'd be curious to know what average days on market is now: 61 says Marko. Correct me if I'm wrong, but that seems to be around a 100% increase from one year ago - I was wrong, as per Marko, 51 DOM was average September 2009.