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Weekly Update on the Edmonton Real Estate Market# _, L: s/ D$ d5 ^3 O# A. ]
/ {% E4 \% W9 I! yWeeklyupdateHere 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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$ k2 s y) E8 e3 N/ w/ L$ h( _New listings: 780 (574, 669, 714)
% q# S0 y$ O) P* Z5 v& ]# Sales: 284 (235, 263, 259)3 G) f! C& q. O* r* W
Ratio: 36% (41%, 39%, 36%)
5 L0 u8 b4 D }3 H6 D# Price changes: 550 (450, 465, 411)
0 ?1 w9 q' @$ D m p& @8 R6 q# Expired Listings: 408 (83, 152, 137)
8 t6 h# l* G X1 c/ Q& x. C/ N# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)# A5 E& x2 E& g, v: q' F
Net loss/gain in listings this week: 28 (217, 188, 260)2 }( v' B) V# x& ?- t3 f
Active listings for single family homes: 3694(3649, 3496, 3367)- _2 {3 r9 @7 y5 @1 {/ {% k
Active listings for condos: 2692 (2669, 2608, 2541)
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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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