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Weekly Market Update, Sep. 16/16
; A0 t7 |/ d# C1 zPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON W7 z$ h- V$ R. m5 O# B& V
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
/ q, b5 l! L0 O' fHere 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) R' B( L- J7 C. l. ]
# Sales: 267 (220, 294, 255)' @. t! _4 f, p1 s* i1 F
Ratio: 48% (43%, 58%, 54%)7 {! Y5 t% \* c
# Price Changes: 458 (380, 419, 374)
# y" f/ z5 L4 C$ a" ^) Z( k0 R# Expired/Off Market Listings: 226 (208, 497, 174)! f% C, H8 |$ U
Net loss/gain in listings this week: 60 (85, -280, 39)
1 ` l/ v2 p& F0 t1 U) m, IActive single family home listings: 3,305 (3,285, 3,195, 3,356)
9 S S9 m5 L0 |Active condo listings: 2,412 (2,356, 2,325, 2,463)# s4 y5 ?3 f3 k1 Z% ^! P) y
Homes 4-week running average: $428k ($429k, $430k, $434k)
y3 L! P" X. T$ n1 [: Y* ?# dCondos 4-week running average: $249k ($249k, $251k, $257k)! [. X1 F* \% F, H# A* n
& z, y7 V- o D& x& pSummer’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).; M" H6 w' x( U3 `( `7 E
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listingsandsales
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