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.
July 2012 month to date (previous weeks in brackets)
Net Unconditional Sales: 371 (258, 120)
New Listings: 857 (606, 306)
Active Listings: 4900 (4868, 4827)
Sales to new listings ratio: 43% (43%, 39%)
Net Unconditional Sales: 523
New Listings: 1374
Active Listings: 5094
Sales to new listings ratio: 38%
Sales to active listings ratio: 10.2% or 9.7 MOI
SFH average = $580,000
SFH median = $532,000
Condo average = $331,000
Roger reports the weekly sales volume dropped to 113 from 138 and 120 in the previous weeks; atypical for the third week in a month or a sign of a sales drop off due to new mortgage rules? Time will tell.