MLS numbers 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.
February 2012 month to date (previous weeks in brackets)
Net Unconditional Sales: 311 (179, 80)
New Listings: 818 (557, 245)
Active Listings: 3676 (3629, 3539)
Sales to new listings ratio: 38% (32%, 33%)
Net Unconditional Sales: 488
New Listings: 1276
Active Listings: 3714
Sales to new listings ratio: 38%
Sales to active listings ratio: 13% or 7.6 MOI
Sales finally heated up a bit last week and we're now at the same sales/list as last February. Listings rate is trailing a bit but we're heading for a near as makes no difference repeat.
Marko Juras reports that SFH average is running at $615K, while condo average is $300K.