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Weekly Market Update, Sep. 16/162 P% ^# d# `' ?$ }+ T7 T- x# n5 n
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON( S. B2 @: r% B, R5 w3 J
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
) Y5 V3 P$ K1 i0 k& l2 `Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
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New Listings: 553 (513, 511, 468)
+ m; b* ^$ ` ~" L# Sales: 267 (220, 294, 255)
: G( k; x. P RRatio: 48% (43%, 58%, 54%)
! M. Y! E, h; y; \6 c- Z8 g5 s# I# Price Changes: 458 (380, 419, 374)
" a5 s4 h' I# s0 z( Y' F# Expired/Off Market Listings: 226 (208, 497, 174)3 z: A7 j. `- w: A2 [" b
Net loss/gain in listings this week: 60 (85, -280, 39)) j7 c& {% w1 ~* z
Active single family home listings: 3,305 (3,285, 3,195, 3,356), n: g# r; m8 Z$ u2 D" I
Active condo listings: 2,412 (2,356, 2,325, 2,463)
# M6 F8 b3 D8 a0 c; g$ gHomes 4-week running average: $428k ($429k, $430k, $434k)3 z: y4 t u2 f8 Y. Y
Condos 4-week running average: $249k ($249k, $251k, $257k)
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).1 C! A. T$ w" X' J7 O2 D
% u7 @% v, q/ h1 x* G- Ylistingsandsales
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