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Weekly Update on the Edmonton Real Estate Market
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x# h4 h+ Y- e) Y3 q8 SWeeklyupdateHere 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:2 _+ n9 K0 D: j& v* u P
; X1 a+ R0 Q/ N7 v( }5 ^2 L1 j+ wNew listings: 780 (574, 669, 714)
& z3 a8 m7 t6 E2 z. Q; W- `# Sales: 284 (235, 263, 259)
5 a6 ~# J) X0 ?" TRatio: 36% (41%, 39%, 36%)
% e1 z, E+ ~! v$ U& N2 N# Price changes: 550 (450, 465, 411)
) `# P- ]0 p Z# Expired Listings: 408 (83, 152, 137)
5 y$ b7 ^: S+ z H$ r9 C# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* Y; o6 L/ f' ], [% @- ?' |& N4 LNet loss/gain in listings this week: 28 (217, 188, 260)
$ z' b0 p5 Y: cActive listings for single family homes: 3694(3649, 3496, 3367)
3 }- r K) A, a6 sActive listings for condos: 2692 (2669, 2608, 2541)
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) B* E9 P9 f7 }% K OThat'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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