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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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New listings: 780 (574, 669, 714)+ u' {. N4 V, t
# Sales: 284 (235, 263, 259)% n7 [. L6 [( C! O Z
Ratio: 36% (41%, 39%, 36%)
% ^$ j! r. r2 S% I. Y# Price changes: 550 (450, 465, 411)
/ c& t* Z. E f# C# [3 A# Expired Listings: 408 (83, 152, 137)) P9 h3 h' u. ?9 X
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
8 N' _' _4 \" h: A( K& f. T3 lNet loss/gain in listings this week: 28 (217, 188, 260)3 f- ]: \, P" P/ b
Active listings for single family homes: 3694(3649, 3496, 3367)7 p. {% d) V9 q, N: K0 O: {
Active listings for condos: 2692 (2669, 2608, 2541)
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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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