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Weekly Market Update, Sep. 16/169 g7 w& S3 T2 D' Z5 y1 O$ w
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
~' W4 }4 Q( e$ VEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
* Z* d" E+ a2 n. j: 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)! c1 w5 e, b$ Z! m" h0 k ~5 d. q
# Sales: 267 (220, 294, 255)# c8 v1 m4 D! D# a& A5 ]
Ratio: 48% (43%, 58%, 54%)
, w5 E: c8 ~6 O; D) s D# Price Changes: 458 (380, 419, 374)
/ y& z4 u" m$ f# Expired/Off Market Listings: 226 (208, 497, 174); V$ x4 h1 E* U
Net loss/gain in listings this week: 60 (85, -280, 39)2 D; p! e$ I, e7 i. e
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
% l0 P( ?6 |& N L2 B; RActive condo listings: 2,412 (2,356, 2,325, 2,463)
$ Q# M& F# T `/ u5 ]Homes 4-week running average: $428k ($429k, $430k, $434k)
' ^# M+ E0 {& ~. {Condos 4-week running average: $249k ($249k, $251k, $257k)0 ^% o4 U r& q6 A# ]6 M7 m
7 j. j6 I, Z: p8 [7 d! x3 @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).
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) W. R h0 V5 |- }, S3 }- `7 ]- {listingsandsales
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