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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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- G/ h- F& y4 N, Z8 KNew listings: 780 (574, 669, 714)
! L) h, I; K0 D. b7 A, b# Sales: 284 (235, 263, 259)
7 @9 |: E L2 R# A# WRatio: 36% (41%, 39%, 36%)
1 e/ v! W9 Y7 ]8 N; g5 [# Price changes: 550 (450, 465, 411)2 X J+ x7 l) S3 B, D! u9 k
# Expired Listings: 408 (83, 152, 137)5 J0 }( e; t1 m/ @0 p9 ^9 s, Q U
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)9 y+ H ~: t X8 |8 V2 g
Net loss/gain in listings this week: 28 (217, 188, 260)
/ g& }, ~6 v7 w( QActive listings for single family homes: 3694(3649, 3496, 3367)
' h0 D8 H# h' R6 l# R X3 E* _Active listings for condos: 2692 (2669, 2608, 2541)- `. t1 b, K3 x9 t; ?2 Q
! N+ C& n: k* V: J( TThat'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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