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Sales/Actives ratio of Detached Home in Richmond
The Sales-to-Active listings ratio is indicative of the likely market type and speed of which homes are selling.
For example,
- a 100% Sales Ratio means 10 in 10 homes selling rate (Market Type Indicator: Seller’s market);
- a 10% Sales Ratio means 1 in 10 homes selling rate (Market Type Indicator: Buyer’s market)
- a 19% Sales Ratio means 2 out of 10 homes selling rate (Market Type Indicator: Balanced market.)
- See the chart above. Our monthly YTD reports provided sustained and defined periods of the Sales-to -Active Ratio.
Total Inventory of Detached House in Richmond
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.