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Weekly Market Update, Sep. 16/162 B! l& P: u5 O6 S; g( {/ y
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
0 e G; g9 A8 _7 cEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE/ ~9 n) w+ b. _, Q. }
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)
2 ?; N! U- C. r) i: w. e9 {, l# Sales: 267 (220, 294, 255)3 W% L& T* t' T s
Ratio: 48% (43%, 58%, 54%): ?! P: } D- O9 l O
# Price Changes: 458 (380, 419, 374)
! a9 i' N1 i, g( _) y& y# Expired/Off Market Listings: 226 (208, 497, 174)" l( T! S* V9 A7 [2 Z4 x) @ }
Net loss/gain in listings this week: 60 (85, -280, 39)* f x: M1 X& p+ W) D
Active single family home listings: 3,305 (3,285, 3,195, 3,356)" v. Z" Z5 p' u8 b. A. v5 @
Active condo listings: 2,412 (2,356, 2,325, 2,463) D- ^! g4 F# h' Y! f- `
Homes 4-week running average: $428k ($429k, $430k, $434k)
$ h/ M& k: O( ]) G/ tCondos 4-week running average: $249k ($249k, $251k, $257k)- n3 Q. n7 @, [: O r, E9 O. C. I! [2 X0 F
+ n# H8 F' F' U6 ?( kSummer’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)./ o/ K x) A! R4 p* Y% N! Y9 a
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listingsandsales! Q0 ^9 r' [. T1 d7 ^4 j: c
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