Sunday, September 16, 2007

September 15 Week Ending Stats

The number of listings available on for Greater Victoria increased this past week. This includes
- 39 more condos.
- 3 more townhomes.
- 32 more SFH.

The largest increase in listings of SFH by price breakdown was in the $300k to $400k range. There are 10 more houses on in this price range this week.

Even with the increase in SFH listings, the pie chart breakdown is still very top heavy.

I think the increase in listings this past week is the beginning of the traditional run-up of inventory in the fall months. With the associated decrease in sales during fall, the months supply of inventory will increase. The September sales numbers will be very interesting.