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Weekly Market Update, Sep. 16/16 m/ ]4 p5 A2 o' M' k- u
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
7 A+ }0 U5 } Q- P9 I% ^% c8 |EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE* T9 g p. ^, H; z4 Q5 ~: d
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:9 Y# W2 `$ _+ R# _
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New Listings: 553 (513, 511, 468)
. y7 L; H9 t1 z5 ?, Q+ G: m# Sales: 267 (220, 294, 255)
2 `* Y, }1 d7 ^Ratio: 48% (43%, 58%, 54%)
9 M/ m# ?" x" a- z, P. t' n# Price Changes: 458 (380, 419, 374)6 k: ^2 @4 k) C4 `. \# A- R
# Expired/Off Market Listings: 226 (208, 497, 174)$ b6 ?. d0 P& n b7 |6 k# |: Q- S
Net loss/gain in listings this week: 60 (85, -280, 39), [& E" K3 y8 i' w4 q1 n ~7 R8 N% }1 d, \
Active single family home listings: 3,305 (3,285, 3,195, 3,356)9 M( u2 q; } A' i, Z' ?
Active condo listings: 2,412 (2,356, 2,325, 2,463)
# S. e' Q* B( W" W; N, v+ mHomes 4-week running average: $428k ($429k, $430k, $434k)
: U& D3 ^, ]3 PCondos 4-week running average: $249k ($249k, $251k, $257k)/ F4 l# Y2 m0 f5 n8 O5 L
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).% G0 [3 b& y# `9 R2 p6 d$ P
3 O+ c4 G3 q0 ]( m; plistingsandsales4 p7 f" N( W' \' s. s1 m( d) [
9 B: _ [7 w* [/ K7 D% ~listingsandsales |
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