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Weekly Market Update, Sep. 16/16
- v( ]% o% h: |POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
7 t) |2 |- n2 ]2 jEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
$ s* q& G2 j& YHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:. Q' v; `# h# |3 u; B* _2 {
6 U( m/ |9 O" ?1 U$ NNew Listings: 553 (513, 511, 468)2 L5 i3 R' D, `* ?2 B
# Sales: 267 (220, 294, 255)
" S( b4 C2 m& T/ Q+ A0 O% CRatio: 48% (43%, 58%, 54%)
( H, P& m1 A5 I, c% W# Price Changes: 458 (380, 419, 374)3 O8 q' E4 t+ I2 R* l# V4 x9 `
# Expired/Off Market Listings: 226 (208, 497, 174), h. X+ Q4 V/ Z$ h5 A
Net loss/gain in listings this week: 60 (85, -280, 39)$ j1 g' l) v3 V# K
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
$ c* f5 X) R* Q& Y/ p; jActive condo listings: 2,412 (2,356, 2,325, 2,463)+ F; e! w- T u
Homes 4-week running average: $428k ($429k, $430k, $434k) X- m$ E' P8 i$ Y6 }
Condos 4-week running average: $249k ($249k, $251k, $257k)- z" j4 ~0 U5 n, B$ u% d
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Summer’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).0 m! T+ L: f9 O8 ^) h
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listingsandsales' e5 b( j9 A9 t# R) r
7 Q7 c1 _- o2 Y$ e; v" ylistingsandsales |
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