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Weekly Update on the Edmonton Real Estate Market
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WeeklyupdateHere is our weekly update on the Edmonton real estate market. (Last week's numbers are in brackets, and the week before after that). For the past 7 days: g8 k/ _* h6 j! c; R
* y9 d& O% p3 _1 y- u' oNew listings: 780 (574, 669, 714)4 E H# _% X, |' n! ^- _
# Sales: 284 (235, 263, 259)
6 {; G& ~" Z( f, B8 eRatio: 36% (41%, 39%, 36%)
, v( h9 G Z3 H7 [# Price changes: 550 (450, 465, 411)
. [. A- f1 x9 z1 f; [/ k# Expired Listings: 408 (83, 152, 137)9 q* R* g2 g# ]) T6 F! Q7 ~8 p7 I
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)1 m& ?% w S! y$ B0 X
Net loss/gain in listings this week: 28 (217, 188, 260)
0 Y. q9 J/ d- D2 \* J/ G7 N9 }/ N9 [Active listings for single family homes: 3694(3649, 3496, 3367)
. V1 N8 Q* ^4 }$ x9 EActive listings for condos: 2692 (2669, 2608, 2541)# Y/ Y7 q4 q' H7 _3 T+ L# ^7 n
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That's the most new listings we've seen in a single week since we started tracking! However, there is a bit of a pattern developing....at the end of one month a lot of listings expire, and in the week following I would imagine a lot of those people re-list their homes accounting for the high number of new listings. Overall the net is an increase in inventory of 28 listings. |
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