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Weekly Market Update, Sep. 16/16
/ V" C& t' O6 j, F/ B! m$ BPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
' ]3 v- l) B4 l: N! ?7 ZEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
" d4 {0 X% d- [( c2 mHere 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)6 `( R5 k/ B; K7 m/ ^
# Sales: 267 (220, 294, 255)
- M+ g( C) R7 { |2 f* j4 PRatio: 48% (43%, 58%, 54%)
* m9 `0 R3 Y7 Y+ J) ]# Price Changes: 458 (380, 419, 374)
" E" v) V9 t0 {3 I7 f2 u# Expired/Off Market Listings: 226 (208, 497, 174) p; O* Y, b6 c8 i
Net loss/gain in listings this week: 60 (85, -280, 39)& r. X* |, Z; w
Active single family home listings: 3,305 (3,285, 3,195, 3,356)* v4 R2 s; N0 g7 q
Active condo listings: 2,412 (2,356, 2,325, 2,463)5 T/ d/ U0 K0 k! y3 I! `! ]& b1 a
Homes 4-week running average: $428k ($429k, $430k, $434k). y% h6 N, T! e) D8 s
Condos 4-week running average: $249k ($249k, $251k, $257k)( U0 K5 T/ r+ B/ @
P: Q8 a% L( H5 f5 o1 O RSummer’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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