We’ve compared active listings to pendings, and have seen how a 2:1 ratio is where a market seems healthy and balanced. Here are the active vs. contingent/pending listings of detached-homes:
|Region/Area||ACT listings||C+P listings||Ratio|
The lower-end is cooking, and sellers are enjoying parades of shoppers during the first week of being on the market. Is it healthy and balanced to have more pendings than actives? Sellers think so!