A single neighbourhood does not get its own supply figure from the board, so the honest read is the city number filtered through what is actually listed nearby right now. Two similar streets in the same area can move at different speeds depending on how many comparable homes are already competing for the same buyers.
Condition and pricing decide the rest. A home that needs no work and is priced against genuine recent comparables typically draws offers inside the first few weeks in a market this tight, while one priced against hope rather than data sits and trains buyers to lowball it.
Get your hand-reviewed valuation from Joel Dyck.