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Weekly Update on the Edmonton Real Estate Market
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- ]+ n6 C6 G+ vWeeklyupdateHere 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:' U0 H' y. ^5 m$ r3 c# d
) @3 p$ W$ \3 }8 o: oNew listings: 780 (574, 669, 714)& U `4 h6 `$ h" o
# Sales: 284 (235, 263, 259)
& |" L( ]: v, Z& j" }4 f: BRatio: 36% (41%, 39%, 36%). G, C" v' J7 I1 @
# Price changes: 550 (450, 465, 411)
: t" Z) c0 v6 ?+ D8 j# Expired Listings: 408 (83, 152, 137)0 `+ ?. P8 N8 w" h' t
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
3 D) l6 y- N. l% V5 n( [5 ?Net loss/gain in listings this week: 28 (217, 188, 260)1 U8 F# d. k+ C9 r! q
Active listings for single family homes: 3694(3649, 3496, 3367)
4 p- z) L0 j1 m) @, I8 c6 ^; nActive listings for condos: 2692 (2669, 2608, 2541)* T& P4 N8 h" y9 p* V) ]; s
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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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