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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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New listings: 780 (574, 669, 714)0 N1 ?; F" ?2 Z3 u
# Sales: 284 (235, 263, 259)) t t: X+ O# Y1 X( _
Ratio: 36% (41%, 39%, 36%)& L( t$ E, k! I* q, K- v
# Price changes: 550 (450, 465, 411)3 u5 A) `5 W1 Z0 U
# Expired Listings: 408 (83, 152, 137)0 R$ x0 J; t6 P: E- u
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
7 P+ J' F( j- G8 k! G/ cNet loss/gain in listings this week: 28 (217, 188, 260)
z9 V* L/ l6 C, e' cActive listings for single family homes: 3694(3649, 3496, 3367): X! ?! y) |7 r6 b9 k2 @2 N. A
Active listings for condos: 2692 (2669, 2608, 2541)
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+ i6 O) D8 p( Y. t n' G" T1 `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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