Updated on January 30, 2017
30 January 2017 – weekly stats update
Number of sales is down this month compared to same month last year, this is due to lower inventory. This is pushing prices up. Relatively speaking, number of unconditional sales to active listings ratio is actually up but won’t up demand for long.
Market watch for this week shows that more listings are coming on the market, which will provide better choice for our clients!
List to sale ratio is high meaning that days on market is still low. It’s a great time to sell!!