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West Toronto Listing to Sales Ratio
When we compare the number of Listings available in a current month vs the number of listings sold, we can conclude a ratio of Listings to Solds and How many months of inventory (Homes) are on the market. This allows us to best optimize, how we can negotiate on your behalf to get the best possible deal.  | Month | Listings | Solds | Ratio | | | | | | | Jun 09 | 7,310 | 4,097 | 56.04 | | Jul 09 | 6,697 | 3,761 | 56.15 | | Aug 9 | 6,199 | 3,067 | 49.47 | | Sept09 | 6,148 | 3,108 | 50.55 | | Oct 09 | 5,626 | 3,180 | 56.52 | | Nov 09 | 5,244 | 2,902 | 55.33 | | Dec 09 | 4,045 | 2,110 | 52.13 | | Jan 10 | 4,614 | 1,979 | 42.89 | | Feb 10 | 5,603 | 2753 | 49.13 | | Mar 10 | 7,052 | 4,054 | 57.35 | | Apr 10 | 8,355 | 4,271 | 51.12 | | May10 | 9,153 | 3,635 | 39.82 | | Jun 10 | 8,774 | 3,188 | 36.33 | | Jul 10 | 7,972 | 2,555 | 32.04 | | Aug 10 | 7,273 | 2,355 | 32.38 | | Sep 10 | 7,500 | 2,449 | 32.65 | | Oct 10 | 6,750 | 2,470 | 36.59 | | Nov 10 | 5,883 | 2,342 | 39.80 | Toronto Is THE place to Be. In November 2010 there were 6,510 sales for the month. Although this is a bit slower than last year, these are very strong numbers. The number of homes for sale has dropped dramatically and we’re down to only 15,K units right now. In the GTA as a whole, we currently have less than 2 ½ month’s supply of homes for sale. This is still considered a “Seller’s Market”. The West end as a whole? 5883 listings with 2342 selling. In the millionaires Row of housing in Etobicoke there were 196 available with 94 selling. Bare in mind that the higher the price, the fewer the customers. In W06 Humber Bay Shore That’s Marina Del Ray though Palace Pier along the Lake Shore Marine Parade Dr., there were only 120 new listings with 84 sales.. Imagine Only 84 sold. The question I get asked most often, “What do you think will happen next year?” In Canada and in Toronto specifically, yes, we still have a very sound economy. We are not experiencing the melt down they are in the U.S. If someone were to be looking for a safe place to invest in real estate, Toronto would come right to top of mind. I believe our real estate market will remain very stable in 2011. It will be a great year for anyone to get into home ownership or make that move “up” or “down” as their lifestyles may require. There are many shoppers out there. Rates continue to be low. Our employment rate is at 7.6% effective today... Whats holding you back? My job is to fill your families housing needs. What do you Need? You have questions I have answers Lets talk. 647 218 2414 I will continue to update this Listings to Sales ratio in coming months Follow me on Twitter.com/davidpylyp Professional and persistent in getting things done.
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