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Weekly Market Update, Sep. 16/165 G" `6 c# c; j$ y9 s5 y
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
5 O! v& }! T( c. t5 nEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE9 A4 V6 @ B/ m8 r/ I2 {
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)3 f- J8 Q) B( M* S# @: b5 A
# Sales: 267 (220, 294, 255)! u8 l6 W& y1 \$ |
Ratio: 48% (43%, 58%, 54%)2 e& {0 m8 ^ X3 Q/ W! P# L C- ?( B
# Price Changes: 458 (380, 419, 374)
# F$ e0 }" k' x; N+ S( T# Expired/Off Market Listings: 226 (208, 497, 174)
9 x& ~, o* z, P Q6 z6 VNet loss/gain in listings this week: 60 (85, -280, 39)
% F. e6 ?- f# k9 x( r; \* lActive single family home listings: 3,305 (3,285, 3,195, 3,356)3 P/ Q* V$ ^& n0 g! H, S
Active condo listings: 2,412 (2,356, 2,325, 2,463)
' ~. ^2 T) |' N& C, CHomes 4-week running average: $428k ($429k, $430k, $434k)
1 j/ u- w( T; a cCondos 4-week running average: $249k ($249k, $251k, $257k)
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9 o: _) W! W1 u0 vSummer’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).
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