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Weekly Update on the Edmonton Real Estate Market) E& J4 s" y1 K3 {6 O
# D2 L& x7 x m& N RWeeklyupdateHere 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:* o8 M5 P' N4 a5 N; w
[) G% |, Y) ~7 [
New listings: 780 (574, 669, 714)
$ S# m" d3 @1 E' S8 N. O; l# Sales: 284 (235, 263, 259)- U/ i" q; w# f# \- X
Ratio: 36% (41%, 39%, 36%)& }( X3 D7 W( \# Z2 |: {
# Price changes: 550 (450, 465, 411)
9 V; C$ v& O, \1 e, U, U7 q# Expired Listings: 408 (83, 152, 137)7 D/ j) K2 D9 B# a
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)3 U c# t, J7 E4 L8 p
Net loss/gain in listings this week: 28 (217, 188, 260)
: m1 X% K3 H8 x/ ]Active listings for single family homes: 3694(3649, 3496, 3367)
% b' ^. E/ {- A5 ~0 m7 }. |Active listings for condos: 2692 (2669, 2608, 2541)8 m* @) ?5 Y3 r7 d0 n6 W# E
- g+ [% z! X4 c, `5 A- U$ F9 V
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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