Thursday, November 12, 2009

Graph showing ratio of sales to active listings in West GTA

Notice that the ratio of sales to active listings was very low in the fall of 2008 and began to rise in about March April of 2009 and this is clearly seen in our marketplace. Back in the fall of 2008 only about 15 to 20% of active listings were selling, now it's up to about 55% and this is a very high number when compared from historic standards. The sales to listing ratio is typically about 40 to 45% which means that our market is very hot right now, which it is and also still means that about 40% or so of homes are still not selling.



I hope this finds you Happy and Healthy!

All the Best!


A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

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RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987

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