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Weekly Update on the Edmonton Real Estate Market1 E W1 `0 s9 n. y' M
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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:8 `% Q+ p1 d# X& A( Y$ L. [/ A
4 }# V; i( w! { O: @2 PNew listings: 780 (574, 669, 714)
$ r. Z0 t. A" y: l0 W# Sales: 284 (235, 263, 259)
5 C' s0 z# ^3 \2 rRatio: 36% (41%, 39%, 36%)9 f1 p( n8 S1 F) F, d3 X& \
# Price changes: 550 (450, 465, 411)' m" m" h5 s- m$ O6 r
# Expired Listings: 408 (83, 152, 137)4 S/ P* W0 n( ?
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
5 b R; Q/ d+ i# n! l0 dNet loss/gain in listings this week: 28 (217, 188, 260)
+ |& ?, Z6 \6 [3 TActive listings for single family homes: 3694(3649, 3496, 3367)# H/ S7 z) Q- w8 a2 r
Active listings for condos: 2692 (2669, 2608, 2541): r- K* m: O4 Z/ v
: y, O, _ |7 s. l6 v" `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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