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Weekly Market Update, Sep. 16/164 ^2 O/ f2 f( I; `
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON) [7 ~; j) c' X$ W7 @
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
) U, A1 T3 i. `Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:. e+ h# X% z6 S, r6 ]
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New Listings: 553 (513, 511, 468)
* ?: {" x* b5 Q- x: f/ d i# Sales: 267 (220, 294, 255)
( H$ n/ E9 h7 }( KRatio: 48% (43%, 58%, 54%)
# G9 v# L4 L3 Q9 l6 l5 I3 z# Price Changes: 458 (380, 419, 374)
+ M( O& t( f, [4 N# S: M" x6 [9 b0 O# Expired/Off Market Listings: 226 (208, 497, 174)9 }) t0 F) a$ u1 {7 M% e2 L/ v
Net loss/gain in listings this week: 60 (85, -280, 39)- [4 u, }3 {, i' {) H5 R
Active single family home listings: 3,305 (3,285, 3,195, 3,356), l- J9 Q9 Y5 K, R9 t3 n5 T
Active condo listings: 2,412 (2,356, 2,325, 2,463)
# F4 Q; I4 {* H# v% n; y* U/ RHomes 4-week running average: $428k ($429k, $430k, $434k)9 e; Z0 ]9 L1 V
Condos 4-week running average: $249k ($249k, $251k, $257k)* `" l4 ]( k9 T
7 m% `. Q* q) eSummer’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).
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listingsandsales
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