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Weekly Market Update, Sep. 16/16 F! L( q3 ~' K( I* N% T
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON8 P" h, W$ a( P4 Z! `
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE1 p0 ~$ p; `- h' z1 p# M8 t, I
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)& I$ n6 i) k6 e3 h* O/ F# Q1 p
# Sales: 267 (220, 294, 255)0 @& W$ G8 V7 I* M
Ratio: 48% (43%, 58%, 54%)
- h( g- q$ w) X& w( J1 ?# Price Changes: 458 (380, 419, 374)1 \# k: O, P& K9 i8 ~2 r$ V
# Expired/Off Market Listings: 226 (208, 497, 174)
" m/ } b, u' ^& t1 JNet loss/gain in listings this week: 60 (85, -280, 39)
, i7 l8 r, B/ N; f# v! _# X: ]Active single family home listings: 3,305 (3,285, 3,195, 3,356), |5 J2 O ]3 A" u) D9 P+ ]
Active condo listings: 2,412 (2,356, 2,325, 2,463): B) A) [% z2 n7 ~9 |* M
Homes 4-week running average: $428k ($429k, $430k, $434k)" e' s- d$ Z5 j7 x. t
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).. R+ K# ~! @4 Z# N% V- X) F
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listingsandsales
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