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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:4 q- @ e* d' j- A
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New listings: 780 (574, 669, 714); t' ^ [2 l, W
# Sales: 284 (235, 263, 259)* T: I7 z# w# ~" e5 Z* c
Ratio: 36% (41%, 39%, 36%)* _% `3 u% g" ^* g
# Price changes: 550 (450, 465, 411)
' b2 Z) Z& s- u/ @# Expired Listings: 408 (83, 152, 137)
! U* W# x& v ~4 t# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
. P; p! F# }7 M. n7 sNet loss/gain in listings this week: 28 (217, 188, 260)
- j% I2 R! e: o- G9 OActive listings for single family homes: 3694(3649, 3496, 3367)
' ?6 d) ^; k& ]/ A0 {% v& y" XActive listings for condos: 2692 (2669, 2608, 2541). c8 I3 G' T/ I, z% t
- @8 c7 D H. y" a! [! ]That'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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