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.
May 2012 month to date (previous week in brackets)
Net Unconditional Sales: 286 (140)
New Listings: 761 (382)
Active Listings: 4444 (4451)
Sales to new listings ratio: 37.5% (36%)
Net Unconditional Sales: 572
New Listings: 1524
Active Listings: 4857
Sales to new listings ratio: 37.5%
Sales to active listings ratio: 11.7% or 8.49 MOI
I think at this point we can just start posting last year's numbers instead of updates and call it close enough! However the averages are stubbornly high, with high end properties reportedly selling well (after some price cuts perhaps?). Marko reports the SFH average at $652K, while condo average is $331K.