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Weekly Market Update, Sep. 16/168 u/ F! V( Z# w" C8 P7 e
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
/ H5 f& s6 p- W+ cEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE7 } h3 o8 s6 F, |8 b+ O' |
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)
/ P$ Y8 c+ j4 E& z; H' H% C# Sales: 267 (220, 294, 255)
/ q$ t* s1 x8 d' O7 x( o1 T: C/ aRatio: 48% (43%, 58%, 54%)
( T/ y+ z) e7 w# ]# Price Changes: 458 (380, 419, 374). k# ^# w: ~' x2 ]
# Expired/Off Market Listings: 226 (208, 497, 174)
8 t& o& t: o$ q- z9 i& R3 C. c5 FNet loss/gain in listings this week: 60 (85, -280, 39)1 q: O# r E6 c. l% C
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
( K; d7 {! m6 R8 P& \, n5 gActive condo listings: 2,412 (2,356, 2,325, 2,463). Z+ G, N8 d p
Homes 4-week running average: $428k ($429k, $430k, $434k)
( M3 Z7 s9 P5 u/ xCondos 4-week running average: $249k ($249k, $251k, $257k)" Y6 z) y8 {$ {6 ^
|* q" H E! m* nSummer’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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; I. o/ @* U, X8 k9 r4 p# zlistingsandsales0 G4 R& C3 i4 j& `+ C
* ^0 _, E+ m! T( X0 o/ Xlistingsandsales |
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