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Weekly Market Update, May 8/15
7 X6 n9 p* k* U7 ?& [* lPOSTED ON 08 MAY 15COMMENTS 5BY SARA MACLENNAN
2 G8 [. M' F: k" [) u* zEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE4 ^1 z. Z% q; }3 h4 g
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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:* i' [. j9 `) ~8 P* G
d- n5 p: P/ I1 z. q2 }& E- CNew Listings: 699 (539, 608, 653)
+ S# q! t8 r2 ~3 Y# Sales: 310 (345, 334, 292)
1 j4 w" Y) A: U* ?7 \: z+ ]7 @Ratio: 44% (64%, 55%, 45%)$ p @8 R5 e7 M2 @# l- C
# Price Changes: 378 (349, 330, 371)
! s. G' R$ I6 i& h( I2 s* O# Expired/Off Market Listings: 311 (284, 135, 214)
) f& A- x% {& y& v9 h& O9 _Net loss/gain in listings this week: 78 (-90, 139, 147), f0 y& O- O( t% Y
Active single family home listings: 3208 (3078, 3145, 3068)6 \3 |6 b1 ]" J% k9 I* r
Active condo listings: 2002 (1893, 1909, 1839)
4 N" y5 I$ v6 p! S- s* a6 }3 OHomes 4-week running average: $436k ($440k, $441k, $426k)
) g; ]) p5 c9 a% {7 t- _ o3 q4 VCondos 4-week running average: $245k ($254k, $253k, $250k)
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Well that’s a healthy dose of new listings! I’m sure a lot of them are listings that expired last week coming back on the market.% g! \ s& G& {! C. n. G% t& d
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Read more: Weekly Market Update, May 8/15 | The Edmonton Real Estate Blog |
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