Welcome to George Dlugosh Real Estate Sign in | Help
Inventory not keeping pace with sales still

Well it continues to be the same story again here in Oakville, Milton and South West Mississauga as inventory levels are not keeping pace with the buyers demand for homes.  Although we see more inventory coming on the market daily, sales of homes continue to move even higher.  Consequently virtually all price points have seen inventory aborption rates decline.  Even the more luxurious properties have seen several sales although we still see a buyers' market in those areas.  The table shows months of inventory on offer compared with previous months sales figures.  0-3 months inventory implies a tight sellers market, 3-6 months is considered more neutral, and 6months+ is considered a buyers' market.  Feel free to call me to discuss further with no obligation George 905 823 0020

Price Range

Oakville

Milton

Clarkson/Lorne Park

200-399k

1.47

0.95

1.56

400-499k

2.07

1.43

1.60

500-749k

1.93

2.67

1.80

750-999k

3.66

5.00

6.00

1000-1999k

6.06

No sales

10.25

2000-2999k

9.25

No sales

No sales

3000k+

16.0

No sales

No sales

Posted: Saturday, February 19, 2011 3:35 PM by George Dlugosh

Comments

Anonymous comments are disabled