cheaprealty net

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on November 14, 2008.

Single family home listings total 1445. Condo inventory is at 1212.  There are 442 townhouses available along with 323 million dollar plus properties.

Based on October sales, the total MOI for the VREB area is now 11.48 months.

The drop-off in sales of single family homes appears quite stark compared to previous months. 

Above a million dollars, only 2% of the properties available sold last month.

This appears to be a continuing trend.

For comparison, check out the last inventory search here. 

This "Months Of Inventory" (MOI) snapshot was based on MLS searches done for the VREB area on November 5, 2008.

Single family home listings total 1420. Condo inventory is at 1234.  There are 438 townhouses available along with 326 million dollar plus properties.