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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:
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New listings: 780 (574, 669, 714)
& B2 g: X# d) n3 z! T# Sales: 284 (235, 263, 259)9 A2 d) l0 m8 f, f- ^0 W! z2 S" O
Ratio: 36% (41%, 39%, 36%)2 H, B0 O8 D4 Y- ^
# Price changes: 550 (450, 465, 411)( B) b# V- f( L6 Z2 t6 f. S7 E6 U/ h
# Expired Listings: 408 (83, 152, 137)
6 e9 V' ]" @! J1 T: c$ Y# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)+ z4 g* Q8 s0 a7 ~4 Q1 F W- G, e
Net loss/gain in listings this week: 28 (217, 188, 260)4 g6 a, C. D, f" P# I7 E6 C6 O& s& e
Active listings for single family homes: 3694(3649, 3496, 3367)
% S3 y) d8 o5 b& j5 EActive listings for condos: 2692 (2669, 2608, 2541); v6 R8 B$ X# `, d- X& e" H
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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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