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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:
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& [! W8 O% ?5 Y/ j wNew listings: 780 (574, 669, 714)1 v: a& L* q8 n$ I! l0 u
# Sales: 284 (235, 263, 259)
: _! k# V3 I' u5 M% P9 iRatio: 36% (41%, 39%, 36%)
6 r& K: M1 u% |+ }( u# Price changes: 550 (450, 465, 411)
3 e; d0 R/ M# X3 t& \4 I+ ^# Expired Listings: 408 (83, 152, 137)( c" o7 m+ C7 z' Z- N( A. ]1 ?
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
3 |, o. J! p- R" d8 v5 rNet loss/gain in listings this week: 28 (217, 188, 260)
" B0 O& f0 |# D/ WActive listings for single family homes: 3694(3649, 3496, 3367)
6 I7 ~' H B7 W$ {; }& L9 @) MActive listings for condos: 2692 (2669, 2608, 2541)
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}1 ~3 t( l. r% ~* h7 XThat'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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