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Weekly Market Update, Sep. 16/16+ n$ L# u/ I4 O5 i
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON B/ q# A) p! Z" I ~+ f
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
, [* w4 E! M- B$ f+ j+ AHere 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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+ j/ S1 K- ^8 k# ~1 S9 pNew Listings: 553 (513, 511, 468)
* J: J" c1 ]! P F4 ?0 p1 `, }2 ^) ]# Sales: 267 (220, 294, 255)
6 l8 r) T4 _0 Q* \! I( k& g8 \Ratio: 48% (43%, 58%, 54%)* u, J. ^$ M( y5 ]4 {. u0 u! Y
# Price Changes: 458 (380, 419, 374)# \5 I4 h' j ~4 V( y" N
# Expired/Off Market Listings: 226 (208, 497, 174)/ V% r8 f# P Z; _$ y
Net loss/gain in listings this week: 60 (85, -280, 39), e# W# q0 i: X5 O
Active single family home listings: 3,305 (3,285, 3,195, 3,356) V5 o4 g+ t% M+ }' m/ O
Active condo listings: 2,412 (2,356, 2,325, 2,463)
# g' e8 s) f% p- w7 K# rHomes 4-week running average: $428k ($429k, $430k, $434k)
' T: d4 H& h" O' t% bCondos 4-week running average: $249k ($249k, $251k, $257k)
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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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listingsandsales
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