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Weekly Update on the Edmonton Real Estate Market
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7 x* n2 S- G$ p* d' {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), i( m8 ^/ e6 D0 K9 s! H2 o5 p
# Sales: 284 (235, 263, 259)
6 @# z, G4 I y0 PRatio: 36% (41%, 39%, 36%)
7 N5 t' {( ^8 ?9 D; n% L# Price changes: 550 (450, 465, 411)- w$ ] A3 o' i- B* x$ q
# Expired Listings: 408 (83, 152, 137)
, C- j( a* v: u& h# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
) W2 A5 }2 V4 Q3 N( ONet loss/gain in listings this week: 28 (217, 188, 260)
' M# N5 L5 X3 g9 Q- Z( TActive listings for single family homes: 3694(3649, 3496, 3367)
% b1 H( p- X. n8 ?% _; X6 c1 yActive listings for condos: 2692 (2669, 2608, 2541)
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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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