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Weekly Update on the Edmonton Real Estate Market
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! Z4 y5 \0 i$ P" s( j- ~1 g" ^- j1 Y2 B7 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:
# Z' O1 A0 N) i( B# o3 z( @7 g% }7 \: s' P+ v
New listings: 780 (574, 669, 714)
; Y9 [7 ?1 Q1 X0 k: d; e# Sales: 284 (235, 263, 259)8 T; u9 r/ T) \. ^2 q, {4 t: z
Ratio: 36% (41%, 39%, 36%)! B& t5 @* q1 F0 P1 r3 l
# Price changes: 550 (450, 465, 411)0 B9 S3 p @; C" J
# Expired Listings: 408 (83, 152, 137)
0 B7 W; p6 r* |! D# Canceled, withdrawn and terminated listings: 60 (39, 66, 58), H5 r$ T! m' X
Net loss/gain in listings this week: 28 (217, 188, 260)" ^0 T0 ?; H# x( }/ `/ P. x, N
Active listings for single family homes: 3694(3649, 3496, 3367)
) p* h# C5 m' @1 H6 t# W" C' D% eActive listings for condos: 2692 (2669, 2608, 2541)2 I9 Y( n. p2 r9 v. r
s& n/ b' ?$ g1 O2 F- |7 U& SThat'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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