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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:# T9 |$ Q( C4 ~" _8 K
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New listings: 780 (574, 669, 714)0 g/ y9 B7 b$ M1 `
# Sales: 284 (235, 263, 259)
$ n0 `3 L- h- A* X2 s9 VRatio: 36% (41%, 39%, 36%)' k+ K' g/ \- p' W" t% {
# Price changes: 550 (450, 465, 411)0 K, H8 ?3 q1 y" f! A a, u% j9 e
# Expired Listings: 408 (83, 152, 137)7 R- N$ [( n& Q1 U
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)+ E4 B) l) |' t5 u, P. |
Net loss/gain in listings this week: 28 (217, 188, 260)
( q0 \! d- K* l$ i& h; A. j6 rActive listings for single family homes: 3694(3649, 3496, 3367)
7 ^" P1 o* W1 z( X" R7 cActive listings for condos: 2692 (2669, 2608, 2541)3 k, G+ v( P" _7 _
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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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