VREB statistics on request

[MarkoJ]

Here I will be posting weekly, monthly, and yearly VREB sales statistics. For anything specific please ask and I will see if it available!

Let's get started.

Wednesday, December 28, 2011 8:00am

MTD December 2011 2010

Net Unconditional Sales: 301 349
New Listings: 441 522
Active Listings: 3,695 3,252

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[MarkoJ]

Sunday January 1, 2012 11:55am:

December 2011 2010

Net Unconditional Sales: 339 349
New Listings: 505 522
Active Listings: 3,780 3,252

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

I will be posting 2011 statistics in a few days - in terms of numbr of units sold it was the slowest year in the last decade!

[MarkoJ]

The numbers are out. It was a bad year in terms of sales. 6,040 unit sales constitutes the lowest in the last 10 years.

2007 = 8,931 unit sales: 12.23%
2008 = 6,519 unit sales: (27.01%)
2009 = 8,096 unit sales: 24.19%
2010 = 6,546 unit sales: (19.15%)
2011 = 6,040 unit sales: (7.73%)

Total Sales $

2005 - $3,206,969,321
2006 - $3,373,171,099
2007 - $4,146,651,569
2008 - $3,111,882,746
2009 - $3,775,730,705
2010 - $3,239,493,835
2011 - $2,981,977,290

[sebberry]

It's getting ugly. Thanks for sharing.

[Nparker]

Still, the "average" sale price in 2007 was about $464,298 and in 2011 it was $493,704. Make of that what you will.

[rjag]

Not surprised to see a 32% drop from '07 to 11.

Marko, thanks for the info. Its amazing what the ripple effect of 30% less sales have on our local economy. Its that much less work for Lawyers, appraisers, movers, not to forget the hardware store, the locksmith , truck rentals etc.

Its not just real estate agents that are hit!

I'm glad I bought our last home 14 years ago and am mortgage free. I couldnt imagine carrying a mortgage of the size some people are carrying today!!!

[MarkoJ]

Inventory is dropping a bit.

Monday, January 9, 2012 8:00am:

January MTD 2012 2011

Net Unconditional Sales: 52 339
New Listings: 228 1,187
Active Listings: 3,358 3,252

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[Mike K.]

When you refer to "inventory," would this include pre-built condos?

[MarkoJ]

Originally Posted by Mike K.

When you refer to "inventory," would this include pre-built condos?

Inventory only includes MLS® listed units. The hundreds of pre-sale units (Promontory, Mondrian, etc.) are not included in the "inventory" figure unless they are listed on MLS® (currently 10 units at the Promontory are listed on MLS®)

[Mike K.]

Thanks for the clarification. So in reality we don't really know how many units are actually being offered unless we keep tabs on all non-MLS listings.

This makes me wonder how previous years compared with the last one or two years (with higher MLS inventory) considering the much slower pace of condo construction now. In the mid to late 2000's there were many hundreds, if not thousands, of condo units being built and throughout the region at any one time and most definitely not every unit was on the MLS.

[MarkoJ]

Monday, January 16, 2012 8:00am:

January MTD 2012 2011

Net Unconditional Sales: 154 339
New Listings: 497 1,187
Active Listings: 3,428 3,252

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[MarkoJ]

Monday, January 30, 2012 8:00am

January MTD 2012 2011

Net Unconditional Sales: 328 339
New Listings: 978 1,187
Active Listings: 3,551 3,252

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[MarkoJ]

Wednesday February 1, 2012 7:55am:

January January
2012 2011
Net Unconditional Sales: 372 339
New Listings: 1,088 1,187
Active Listings: 3,715 3,283

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[MarkoJ]

Monday, February 6, 2012 8:00am:

February MTD February
2012 2011
Net Unconditional Sales: 80 480
New Listings: 245 1,276
Active Listings: 3,539 3,714

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[MarkoJ]

^Please note small typo from last week. February 2011 had 488 sales.

Monday, February 13, 2012 8:00am:

February MTD February
2012 2011
Net Unconditional Sales: 179 488
New Listings: 557 1,276
Active Listings: 3,629 3,714

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[MarkoJ]

Monday, February 20, 2012 8:00am:

February MTD February
2012 2011
Net Unconditional Sales: 311 488
New Listings: 818 1,276
Active Listings: 3,676 3,714

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[Mike K.]

Monday, February 20, 2012

Net Unconditional Sales: 424 (2012) 488 (2011)

I'm sure Marko will update us with the latest numbers soon.

[MarkoJ]

Monday, February 27, 2012 8:00am:

February MTD February
2012 2011
Net Unconditional Sales: 424 488
New Listings: 1,096 1,276
Active Listings: 3,754 3,714

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[Mike K.]

Oh, wow. That was quite soon

[MarkoJ]

Thursday March 1, 2012 8:00am:

February 2012 - February 2011

Net Unconditional Sales: 497 488
New Listings: 1,318 1,276
Active Listings: 3,977 3,714

Please Note
•Left Column: stats for the entire month from this year
•Right Column: stats for the entire month from last year

[Mike K.]

Both 2012 and 2011 were equal in house sales per day. 2012 saw slight below 17.4 houses sold daily and 2012 saw slight above 17.4.

[MarkoJ]

Monday, March 5, 2012 8:00am

MTD March 2012 2011

Net Unconditional Sales: 52 622
New Listings: 186 1,501
Active Listings: 3,731 4,100

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[MarkoJ]

Monday, March 12, 2012 8:00am

MTD March 2012 2011

Net Unconditional Sales: 152 622
New Listings: 465 1,501
Active Listings: 3,832 4,100

Please Note

• Left Column: stats so far this month
• Right Column: stats for the entire month from last year

[Mike K.]

Marko, correct me if I'm wrong, but these stats do not reflect the sales of many pre-built condo units, correct?

[MarkoJ]

Originally Posted by Mike K.

Marko, correct me if I'm wrong, but these stats do not reflect the sales of many pre-built condo units, correct?

Correct. These stats only reflect units that are in the MLS® system and very few pre-sale units are in the system.