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Weekly Update on the Edmonton Real Estate Market( ]7 C& x! @; E4 ?
1 u; Q& D& [8 lWeeklyupdateHere 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:
# q8 q; f, S s3 g x% }
6 M% I, B# P2 @& u Q7 U, Q/ x {New listings: 780 (574, 669, 714)
4 H3 I$ I$ `. J# Sales: 284 (235, 263, 259)
9 A& a7 C. S" U' g+ }8 @Ratio: 36% (41%, 39%, 36%)
4 V# h ^! y! E0 W' ]! \# Price changes: 550 (450, 465, 411)# X3 o$ f# `8 D$ i" b
# Expired Listings: 408 (83, 152, 137)
8 d$ y1 e' O- l; w# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)+ }5 d& w+ M/ n7 {
Net loss/gain in listings this week: 28 (217, 188, 260)
( c) q' I" p4 h: Q# r3 iActive listings for single family homes: 3694(3649, 3496, 3367)- }! T4 }: i! G8 i) j) A
Active listings for condos: 2692 (2669, 2608, 2541)
) d. r0 I% P& U6 l9 h& g# i, N3 C/ N: H* Z& [: N! D
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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