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Weekly Update on the Edmonton Real Estate Market
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$ }: f" P* c8 l. g6 X$ [2 U: UWeeklyupdateHere 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:9 h& x1 `" ^! x; u' K9 k9 z
9 M& ? ~8 r4 z5 V' ~New listings: 780 (574, 669, 714)3 u$ n l, _: n& y# A3 }8 {' t
# Sales: 284 (235, 263, 259)2 X0 ~2 l' U: Y# x5 }
Ratio: 36% (41%, 39%, 36%)
5 A# T3 ?4 @- f# Price changes: 550 (450, 465, 411)
; O5 z5 s0 k4 t' A$ x+ W0 ]# Expired Listings: 408 (83, 152, 137)
; m' i! H9 X& w* o3 ~5 M# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
. g$ u1 r+ ^' \! J- y& x8 v) ZNet loss/gain in listings this week: 28 (217, 188, 260)) J D7 D' {4 K/ r3 q9 y+ p
Active listings for single family homes: 3694(3649, 3496, 3367)
0 o5 W& l" V$ w# o* p: g1 }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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