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Weekly Market Update, Sep. 16/167 h' C, r* |- G1 |) O$ k
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON( _) Y6 k2 S- U' W/ w
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE; ?9 ]; P( u$ d7 m) ?( u' ]/ G
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:6 i3 g3 g+ W6 v+ v3 S, c4 l' M
8 ~* Q) O5 |7 R) f: mNew Listings: 553 (513, 511, 468)
: ?+ A8 |3 u# |- F6 |0 }# Sales: 267 (220, 294, 255)
; m: T1 T- f# x4 V& U. @Ratio: 48% (43%, 58%, 54%)- N0 |/ y8 z. e8 R5 u
# Price Changes: 458 (380, 419, 374)
, S: Q2 G; G& k' D# Expired/Off Market Listings: 226 (208, 497, 174)
9 T; {" t4 k7 D6 NNet loss/gain in listings this week: 60 (85, -280, 39)
/ x& Z( m! \" U3 V; k. A5 rActive single family home listings: 3,305 (3,285, 3,195, 3,356)$ I* j6 F# W! h
Active condo listings: 2,412 (2,356, 2,325, 2,463)
* F8 B" E, `$ E' E/ z F, r! {2 BHomes 4-week running average: $428k ($429k, $430k, $434k)
' A6 c) ~& e- U6 o9 i7 DCondos 4-week running average: $249k ($249k, $251k, $257k), J* A2 }: P5 u( m1 t
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Summer’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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