RE/MAX Oceanview Realty | 604-885-4313

 
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RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  Aug 13– Aug 19   

You probably know that “MLS" stands for "Multiple Listing Service". But do you know its origins? There was a time when Realtors only viewed and sold their own company’s listings. However some Realtors found benefits in cooperating with other companies. They learned that having access to other company’s listings and allowing showings on their own resulted in more sales. Over time this sort of cooperation became the norm and the MLS was system was formalized. Today almost all listings appear on one MLS system or another. The Real Estate Boards administer the systems and are responsible for integration with the Internet.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 9   [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

6

2

3

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

1

6

2

0

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

0

0

5

1

3

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

 

        25

25

2

5

 

 

CURRENT LISTINGS:  1340

DETACHED

ATTACHED

LAND

LOW – HIGH

724

171

445

745   -   1390

 

DET’D  SALES to LIST  RATIO*:    =  3.3%  [ADADDD

                   0% 3.3%                            15%                  22%

SALES TO

LISTINGS

RATIO

  

    

         

        BUYERS

       MARKET

 

 BALANCED

                          

        SELLERS 

        MARKET

 

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

 

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