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MAY 28, 2013

RE/MAX Oceanview Realty        5686 Cowrie St.

                                Kiosk, Trail Bay Mall Weekly REPORT  May 21 – May 27    

While it's true Realtors do not give legal advice, we are expected to have an understanding of many legal issues affecting real estate. From the varied and many taxes affecting purchases and sales, to the effect of easements on title, to the fine nuances of contract wording, to the fundamentals of tenancy law, Realtors must have a working understanding of all these areas - and more - as a part of our day-to-day practice.

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

 SALES THIS WEEK: 17    [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

16

1

0

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

6

7

4

0

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

4

0

5

3

5

 NEW LISTINGS THIS WEEK:   31                    PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

 

        45

25

0

6

 

 

CURRENT LISTINGS:  1308

DETACHED

ATTACHED

LAND

LOW – HIGH

693

172

443

745   -   1390

 

DET’D  SALES to LIST  RATIO*:    =  9.2%  [ADADDD

                   0%                      9.2%        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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