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Weekly Update on the Edmonton Real Estate Market
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! V5 _7 Y1 C+ @8 U+ |9 mWeeklyupdateHere 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:3 F. M0 O |3 q! P$ U
t* ]/ i6 S! n& \8 tNew listings: 780 (574, 669, 714); Y6 e# E2 R) s: R; }/ ~
# Sales: 284 (235, 263, 259)
7 p8 D8 A4 i4 KRatio: 36% (41%, 39%, 36%)
9 F: ~# }; B) @) i7 n# Price changes: 550 (450, 465, 411)
% d7 m4 a+ _: p& g1 \9 }& T! E! e# Expired Listings: 408 (83, 152, 137)/ [/ ~* i0 z& x8 M9 U& e7 c) g3 K
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
2 j- `4 j* x1 P) ]Net loss/gain in listings this week: 28 (217, 188, 260)) S2 S& `% f/ m, i% \" D0 h
Active listings for single family homes: 3694(3649, 3496, 3367)0 j C8 O3 o: c* q& E) B# h$ w
Active listings for condos: 2692 (2669, 2608, 2541)
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: V, N ]# x* _: |/ I" p; h0 D% 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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