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Weekly Update on the Edmonton Real Estate Market+ T. w& s* L( M8 h3 e
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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)
! T, X+ X9 Y3 ]; E/ s) U5 B! ?# Sales: 284 (235, 263, 259)' ^! e7 M" }6 w: z$ o' ^$ f
Ratio: 36% (41%, 39%, 36%)
5 q0 N, z4 k6 l6 t# Price changes: 550 (450, 465, 411)
% s( H: k; n& ~( p7 @, \# Expired Listings: 408 (83, 152, 137)$ W8 f1 x4 N# s. E& ?, J' a9 `
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
% J3 j( R' C' m/ D/ _, c8 ]5 XNet loss/gain in listings this week: 28 (217, 188, 260)
6 K! \. B" E q0 r/ u' tActive listings for single family homes: 3694(3649, 3496, 3367)
o) t/ p! k. J* d2 H- [Active listings for condos: 2692 (2669, 2608, 2541), {* b7 |& d& ^
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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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