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Weekly Market Update, Sep. 16/16
5 E0 y7 r8 {, ^" N2 {POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
: m! k! D: }& C' hEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE' w) x5 Q2 ]' s* ~/ b2 [2 N
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:( M/ P9 o8 A" t m1 V0 X% V9 [+ g0 t
$ q) e) s1 I( [" g4 ZNew Listings: 553 (513, 511, 468)
1 ]5 a! B. f( `7 k# Sales: 267 (220, 294, 255)% a6 g& X% z* S3 b i+ x# u
Ratio: 48% (43%, 58%, 54%)
/ n5 j% _9 k$ X# Price Changes: 458 (380, 419, 374). o& _+ O5 }; Y" [# I, T' x" a, F) M
# Expired/Off Market Listings: 226 (208, 497, 174)
T3 @6 ^- Y H, |: a3 DNet loss/gain in listings this week: 60 (85, -280, 39)
/ F& n5 {- C8 R/ p. {' i2 X, YActive single family home listings: 3,305 (3,285, 3,195, 3,356)
! i1 U% u5 C7 O: z+ g6 f# TActive condo listings: 2,412 (2,356, 2,325, 2,463)
5 E9 ?+ X1 a4 d) }Homes 4-week running average: $428k ($429k, $430k, $434k)) k' b) y/ \; \5 m' P6 @5 G; h
Condos 4-week running average: $249k ($249k, $251k, $257k)% k4 W: F$ b0 b' v
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).
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listingsandsales% m" f* [8 d" G
3 h7 w5 A2 z* q4 ~; G3 B& d: i+ Clistingsandsales |
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