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Weekly Market Update, Sep. 16/16$ ^, C$ g5 S& \/ \) R
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON5 v. ~- I8 o( j) o! x6 m; P1 J
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE, A6 o" i& t# o; ~! n) c" P
Here 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)8 {4 }8 L) O' o9 ? U
# Sales: 267 (220, 294, 255)
3 G: ~2 R: \5 m2 xRatio: 48% (43%, 58%, 54%) q) T* o5 v# R6 s, I
# Price Changes: 458 (380, 419, 374)
) u2 D1 _& V: z$ t# Expired/Off Market Listings: 226 (208, 497, 174)
$ Z5 w5 B# }' P" \: Q4 WNet loss/gain in listings this week: 60 (85, -280, 39)* J( y' @: A/ T2 P
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
0 N( |) ?4 k2 ?" \0 NActive condo listings: 2,412 (2,356, 2,325, 2,463)2 U& q7 Q9 B* X) W/ `" n. h
Homes 4-week running average: $428k ($429k, $430k, $434k)
3 k# Q$ ?# Z7 A, m: e9 eCondos 4-week running average: $249k ($249k, $251k, $257k)
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0 e: J- I: J7 O, U6 USummer’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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