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Weekly Market Update, Sep. 16/16+ A# e: f( |! D; [* \+ r
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
) I4 }4 Z( j; |, _! t6 z, rEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE- G4 `2 \1 ?2 `* T
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
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New Listings: 553 (513, 511, 468)8 l2 B. K/ Y1 e: U. T* B' l# e
# Sales: 267 (220, 294, 255)0 @& a5 v8 V6 [) L; F, @' L/ e
Ratio: 48% (43%, 58%, 54%)
, m z. L' H2 h! Y/ f5 X% l# Price Changes: 458 (380, 419, 374): A2 n/ P" p3 ~: U
# Expired/Off Market Listings: 226 (208, 497, 174)
" t' ~/ E# G$ R: JNet loss/gain in listings this week: 60 (85, -280, 39)% O2 _8 o+ h+ m2 }6 J1 ]/ y! d3 ~
Active single family home listings: 3,305 (3,285, 3,195, 3,356)( Y0 J/ v) m# H8 ]
Active condo listings: 2,412 (2,356, 2,325, 2,463). s8 r4 S$ P2 K( v
Homes 4-week running average: $428k ($429k, $430k, $434k)
. Z' o$ W+ d% w+ D% I* vCondos 4-week running average: $249k ($249k, $251k, $257k) B! k6 R% Q& l, |- @
; R! _4 p5 q2 K" Y2 a5 o; Y; SSummer’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).3 f4 R- ~8 J- T7 h1 x
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