2697 replies to this topic

[MarkoJ]

I would guess the latter part of the month is much slower than the first couple of weeks, yes?

 

If not we are going to blast last years sales out of the park.

 

Latter part is slower.  I am guessing we'll finish around 330 sales.

[MarkoJ]

Monday, December 30, 2013 8:00am

MTD December

2013 2012
Net Unconditional Sales: 330 283
New Listings: 417 405
Active Listings: 3,579 3,896

Please Note
•Left Column: stats so far this month
•Right Column: stats for the entire month from last year

[MarkoJ]

Thursday January 2, 2013 7:25am:

Dec Dec
2013 2012

Net Unconditional Sales: 355 283
New Listings: 437 405
Active Listings: 3,554 3,896

Please Note
•Left Column: stats for the entire month from this year
•Right Column: stats for the entire month from last year

[MarkoJ]

Monday, January 6, 2014 8:00am

MTD January
2014 2013

Net Unconditional Sales: 20 294
New Listings: 131 1,080
Active Listings: 3,207 3,870

Please Note
•Left Column: stats so far this month
•Right Column: stats for the entire month from last year

[MarkoJ]

Monday, January 13, 2014 8:00am

MTD January
2014 2013
Net Unconditional Sales: 71 294
New Listings: 362 1,080
Active Listings: 3,295 3,870

Please Note
Left Column: stats so far this month
Right Column: stats for the entire month from last year

[MarkoJ]

Monday, January 20, 2014 8:00am

MTD January
2014 2013
Net Unconditional Sales: 167 294
New Listings: 610 1,080
Active Listings: 3,346 3,870

Please Note
•Left Column: stats so far this month
•Right Column: stats for the entire month from last year

[Mike K.]

By the looks of things this could be the first month in over a year that doesn't beat the previous year's total.

[Nparker]

Assuming the rest of the month continues the current daily sales volume (13.92/business day - M-F only), January 2014 should see about 304 sales, topping last year by about 10.

[MarkoJ]

By the looks of things this could be the first month in over a year that doesn't beat the previous year's total.

 

Will be better than previous year's total as we have 10 business days left.  We'll probably end up at 330 to 350 sales.

[MarkoJ]

Monday, January 27, 2014 8:00am

 

MTD January
2014 2013
Net Unconditional Sales: 243 294
New Listings: 854 1,080
Active Listings: 3,340 3,870

Please Note
Left Column: stats so far this month
Right Column: stats for the entire month from last year

[Nparker]

So we're pretty much on track to match last January's numbers, but probably not exceed them.

[Mike K.]

Those listings just keep spiraling down and that's a very good sign.

[pherthyl]

So we're pretty much on track to match last January's numbers, but probably not exceed them.

We are guaranteed to exceed them.

Edited by pherthyl, 27 January 2014 - 11:44 AM.

[Nparker]

We are guaranteed to exceed them.

Guaranteed? 5 business days remain this month (including today). 52 sales are needed to exceed last January. You are 100% certain this will happen? What inside information do you have? 

[pherthyl]

Guaranteed? 5 business days remain this month (including today). 52 sales are needed to exceed last January. You are 100% certain this will happen? What inside information do you have? 

Barring a catastrophic earthquake, yes.
Sales increase throughout January as the spring market ramps up. Last week we had 76 sales. This week we will have more. Chance of having less than 52 is essentially zero.

This is a pretty typical pattern of sales in Victoria:

Edited by pherthyl, 27 January 2014 - 12:19 PM.

[MarkoJ]

We will probably have over 300 sales for the month.  We've had 15 sales so far today and it is only 2 pm.

[MarkoJ]

Will be better than previous year's total as we have 10 business days left.  We'll probably end up at 330 to 350 sales.

 

Monday February 3, 2014 7:00am:

Jan Jan
2014 2013
Net Unconditional Sales: 342 294
New Listings: 1,090 1,080
Active Listings: 3,489 3,870

Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year

[Mike K.]

That's 48 more than last year while inventory continues to slide.

 

Marko, how is this impacting average and median prices?

[Dimitrios]

Will be better than previous year's total as we have 10 business days left.  We'll probably end up at 330 to 350 sales.

Your predictions are pretty solid, Marko!

[MarkoJ]

That's 48 more than last year while inventory continues to slide.

 

Marko, how is this impacting average and median prices?

 

It might lead to stabilizing of average and median prices, but certainly far from any sort of upward pressure on prices.