What Does Sales To Active Listing Ratio Mean

Wonder No More

Have you ever wondered what a Sales to Active Listing Ratio is?

Keeping it Real

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Active listings are referred to as ‘dynamic data.’ It is data that is constantly a state of change. It can vary from hour to hour. To attain a high degree of consistency and relevance the Vancouver Real Estate Board captures a sample of this data on or about the third day of each month.

What Does a Percent Ratio Mean

Simply it is the percent of which the current inventory of homes are selling.

Translated

  • A sales ratio of 10% is equal to 1 in 10 homes are selling.
  • A sales ratio of 33% is equal to 1 in 3 homes are selling.
  • A sales ratio of 54% is equal to 1 in 2 homes are selling.
  • Interpreting the Percentage

  • A Sellers Market when the Percent ratio is 21% or Greater.
  • A Balanced Market when the Percent ratio hovers between 15% and 20%.
  • A Buyers Market when the Percent ratio is 14% or lower.
  • *in accordance with the Real Estate Board of Greater Vancouver and most industry Analysts

    What it Looks Like

    **slide your cursor over the graph to see month to month variance

    What Does This Graph Tell You?

    In the Vancouver West graph above currently 1 in 0.271 (over 1 in 2) detached homes are selling to generate a Sales to Active listing ratio of +54% and confirms that at this point in time detached homes in Vancouver West are in a Sellers Market.

    About Larry Yatkowsky

    Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

    When Life Moves You - contact Larry:

    *Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
    **Numbers provided may vary as they are dynamically posted by the REBGV.

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