Huh. A strange thing is happening in the back-to-school season. Lots of people are putting houses up for sale, but the buyers aren’t springing up in the same numbers.
Best Place on Meth points out where we are this month:
Sept. is on pace for 6008 listings, 2286 sales and 38% ratio.
Yep, that’s right. A 38% sales to list ratio.
Paulb says total number of listings available for sale has hit 16,775. We just might see inventory hit 17k this month.
Inventory shared numbers by area– the north shore numbers are tiny. There were 3 sales in North Van yesterday, and only a single sale in West Van.