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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)* l; i# U: i7 w9 L" D
# Sales: 284 (235, 263, 259)/ u- O5 R% x8 p( K5 h- t
Ratio: 36% (41%, 39%, 36%)
* F0 C. c7 y; s, C; G4 Q# Price changes: 550 (450, 465, 411)0 N( V' j" a& A+ Y) B1 _+ X1 S, j
# Expired Listings: 408 (83, 152, 137)
) s8 B0 c& Z5 p/ g- ]% q0 V$ J) q# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)0 z3 C8 y9 R8 w' L6 `
Net loss/gain in listings this week: 28 (217, 188, 260)
4 k* g4 v( U" g1 V$ mActive listings for single family homes: 3694(3649, 3496, 3367)
" D. f7 G+ k: J. |- dActive listings for condos: 2692 (2669, 2608, 2541)
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0 H5 c9 K' ]9 D0 HThat'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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