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Weekly Update on the Edmonton Real Estate Market. K: u7 @& S, |* G
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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: d; \$ r: h$ o$ W' f& C
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New listings: 780 (574, 669, 714)
4 k; j. w# s8 f _" ]. U% r# Sales: 284 (235, 263, 259)
" p6 j; J% T6 b) p2 _7 URatio: 36% (41%, 39%, 36%)
* U0 B! q4 j8 t4 @! l% z' S3 e7 A# Price changes: 550 (450, 465, 411)
# D( H/ [0 Z# l3 Y# w# Expired Listings: 408 (83, 152, 137)
4 G8 m* ]) t! r) z' s# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
1 G2 w. n5 z: m& I. |2 M) c% pNet loss/gain in listings this week: 28 (217, 188, 260); Q& h$ K# L+ |, L
Active listings for single family homes: 3694(3649, 3496, 3367)8 w' G8 y7 r M- j% }% ^( } e. c
Active listings for condos: 2692 (2669, 2608, 2541)
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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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