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.
March 2012 month to date
Net Unconditional Sales: 152
New Listings: 465
Active Listings: 3832
Sales to new listings ratio: 33%
Net Unconditional Sales: 622
New Listings: 1501
Active Listings: 4100
Sales to new listings ratio: 41%
Sales to active listings ratio: 15% or 6.6 MOI
Seems like slow sales to start out the month, back down to under 14/day. While there is always a (re)listing surge at the beginning of the month, do sales usually start off slow?