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Weekly Update on the Edmonton Real Estate Market/ A' X/ o6 x+ y" d3 I1 _0 g
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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)' ~1 ~# w+ t; I T6 {$ h& a
# Sales: 284 (235, 263, 259)8 V% B+ y% w! K. r8 H, |: N
Ratio: 36% (41%, 39%, 36%)' O9 s' Q5 m+ {+ J# f s* [; J9 h& U; C; Q
# Price changes: 550 (450, 465, 411)5 Q" c7 a$ p) _) P: J
# Expired Listings: 408 (83, 152, 137)7 Y N) L& w6 B
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)5 x) p5 i5 e* R3 C' y% L
Net loss/gain in listings this week: 28 (217, 188, 260)' M8 {7 i! ~* {* _8 Z
Active listings for single family homes: 3694(3649, 3496, 3367), a) k# I; y B' \5 u
Active 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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