May 31: Year-to-Year Sales vs. Listings & Supply-Demand Indicators

As evidenced by the following graphs and stats, the gap between available inventory and sales has been closing. In 2009, only 35% of condo listings were sold compared to 72% today. Likewise, the ratio of sales-to-listings for single family has vastly improved. In 2009, only 51% of listings were sold compared to 80% today.

Condo Data:

  • 2012 ratio of sales to listings: 72%
  • 2011 ratio of sales to listings: 69%
  • 2010 ratio of sales to listings: 57%
  • 2009 ratio of sales to listings: 35%

Single Family Data:

  • 2012 ratio of sales to listings: 80%
  • 2011 ratio of sales to listings: 69%
  • 2010 ratio of sales to listings: 63%
  • 2009 ratio of sales to listings: 51%


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06/27/2012
 

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