The Fairview condo market was the busiest market on Vancouver’s Westside in May and currently in a Seller’s market.
How do we know? List to Sales Ratio
- A buyer’s market has a 0-12% list to sales ratio
- A balanced market has a 12-20% list to sales ratio
- A seller’s market has a 21% or greater list to sales ratio
Fairview real estate in May had a 21% list...