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Weekly Update on the Edmonton Real Estate Market
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: z T% m d$ r8 ^; `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:/ K( M9 r- u! `# q
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New listings: 780 (574, 669, 714)
1 W% R2 Q% P$ F" f# O2 p- U N# Sales: 284 (235, 263, 259)
& T) |/ s7 \2 ~( }Ratio: 36% (41%, 39%, 36%)! `5 e6 M) ?3 z" Z6 r. Q. T
# Price changes: 550 (450, 465, 411)
# q2 J* f$ K" H# Expired Listings: 408 (83, 152, 137)
u: k1 N5 s4 n U# I) A# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)- r* o. Y1 H6 }8 r3 p# c" K
Net loss/gain in listings this week: 28 (217, 188, 260)1 Y, `* F8 M9 B1 t' O- ?; G* ~
Active listings for single family homes: 3694(3649, 3496, 3367)& `0 w& Z Q# A( v
Active listings for condos: 2692 (2669, 2608, 2541)
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- ]/ K( x. Q j! LThat'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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