Sales To Active Listings

Here is a graph showing sales to active listing ratios in the Fraser Valley. This is a stat that I frequently use and really shows exactly where the current market is at! The percentage is the amount of sales in a given 30 day period compared to the amount of active listings. We are currently at about 16% and moving into what is considered a balanced market ! This percentage means that 1.6 homes out of 10 will actually sell in a 30 day period !