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Weekly Update on the Edmonton Real Estate Market- E; t$ T, M! X: g" }4 L
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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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New listings: 780 (574, 669, 714)* U5 U/ E8 y; _
# Sales: 284 (235, 263, 259)
9 P3 i1 ?8 r s# k; E% _- ZRatio: 36% (41%, 39%, 36%)
: B9 Z, n2 o9 n( K& q) R# Price changes: 550 (450, 465, 411)" l- T; K( Q) l6 b9 P6 ~ _: w7 ]
# Expired Listings: 408 (83, 152, 137)
4 |: E% M+ S( d. O& t: z# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
# k2 ^' B( k7 I& N2 M8 bNet loss/gain in listings this week: 28 (217, 188, 260)
$ F/ f, D6 q3 ]5 m( @1 P: J+ IActive listings for single family homes: 3694(3649, 3496, 3367)
0 J! {+ \+ n3 L. _: v- |Active listings for condos: 2692 (2669, 2608, 2541)
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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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