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Weekly Market Update, Sep. 16/16* M6 {+ F. A7 I5 f0 J
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON4 x u5 h( k9 H
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE* N1 M" R+ ~2 ]- B8 C
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
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New Listings: 553 (513, 511, 468)
( i( o; m3 b% z1 U, X$ E# Sales: 267 (220, 294, 255)* J, M; D9 ~, G1 M; N
Ratio: 48% (43%, 58%, 54%); u4 L9 C9 L! f( A
# Price Changes: 458 (380, 419, 374)9 o9 n! t- O. U( R% U( |
# Expired/Off Market Listings: 226 (208, 497, 174)* X- w N: t& r: K- r2 @
Net loss/gain in listings this week: 60 (85, -280, 39)& c" B9 K, H1 M, E5 v/ ^
Active single family home listings: 3,305 (3,285, 3,195, 3,356); V' h9 m! S$ o- W8 c, ^9 f
Active condo listings: 2,412 (2,356, 2,325, 2,463)
0 b- K9 b* n7 u6 rHomes 4-week running average: $428k ($429k, $430k, $434k)
# H: U+ M) [% c& n, fCondos 4-week running average: $249k ($249k, $251k, $257k)
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3 v+ @% ]7 L( n& ]3 TSummer’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).+ V) G5 A( r9 c& E G
1 j4 Z3 x% |6 A& l0 Q4 R/ Vlistingsandsales
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