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March 2020
Sales to active ratio:
- March 2020 = 11%
- Detached homes = 10%
- Condos = 12%
- Townhomes = 12%
- Same as last month = 11%
- Lower than March 2019 = 16%
- Lower than 5yr March average = 25%
- Lower than 10yr March average = 17%
**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- March 2020 = 34
- Lower than last month = 35
- Lower than March 2019 = 46
- Down from 5 yr avg = 63
- 44% lower than 5 yr avg
- Lower than the 10 yr avg = 50
- 32% lower than 10 yr avg
Inventory:
- March 2020 = 305
- Lower than last month = 311
- Higher than March 2019 = 288
- Higher than the 5 yr avg = 271
- Lower than the 10 yr avg = 387