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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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3 ?# x) {% T2 I5 O. B& CNew listings: 780 (574, 669, 714)
) E; x5 z p K0 D, f( N( `+ |# Sales: 284 (235, 263, 259)- h- ` o, e, p+ G' j8 C, w
Ratio: 36% (41%, 39%, 36%)
7 F i6 {% P/ o- N# Price changes: 550 (450, 465, 411)
* L: d" z# R7 Q9 B+ I" e3 z# Expired Listings: 408 (83, 152, 137)7 U9 k* U% a2 t7 E* |. K
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
- _7 ^+ C; N8 x, d% jNet loss/gain in listings this week: 28 (217, 188, 260)
' n7 y g; y% D6 K. p& s. b$ pActive listings for single family homes: 3694(3649, 3496, 3367)7 j) n) V8 V. \% a+ V, F0 a) V4 f, j
Active listings for condos: 2692 (2669, 2608, 2541)9 L2 G* p2 P4 r
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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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