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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:
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5 q& w4 G# `# x0 q0 W/ FNew listings: 780 (574, 669, 714)
0 O# v* z2 d. @- i1 b* a# Sales: 284 (235, 263, 259)
; h& V; k* C$ C& U0 S" @9 v+ ?Ratio: 36% (41%, 39%, 36%)
% w& P2 Z/ I" g2 u- K0 m' F# Price changes: 550 (450, 465, 411)
. B: ?* @1 a; P5 ~+ I# [# Expired Listings: 408 (83, 152, 137)& T% c4 t* `' v. K8 P( j) \
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
6 C9 [! {/ ^+ l. A) |Net loss/gain in listings this week: 28 (217, 188, 260)
0 R7 T4 D9 f5 H9 S; g6 ?Active listings for single family homes: 3694(3649, 3496, 3367)
/ _3 |. q$ D- L1 yActive listings for condos: 2692 (2669, 2608, 2541)/ z$ K- f& W- H b; e% W2 B
4 r/ ~& O( Q, w, L, L# ~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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