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Weekly Update on the Edmonton Real Estate Market3 K; I9 C+ T& Q3 |' ^ z
) x: c6 [+ Z9 a) 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:2 k B* i0 W9 S: {& b
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New listings: 780 (574, 669, 714)
* D: N a3 `9 f! o% X# Sales: 284 (235, 263, 259)0 ?" O2 X7 [1 p) H7 ?
Ratio: 36% (41%, 39%, 36%)" m5 w. ^ \2 H- _- o. T2 t7 h
# Price changes: 550 (450, 465, 411)! F/ o( a9 ~2 m9 E& i- h5 o
# Expired Listings: 408 (83, 152, 137)
o' B2 @: I) f7 C; o) N2 n9 B# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)' j v$ U. T( ~6 | A# t; h
Net loss/gain in listings this week: 28 (217, 188, 260)- d* x; }* Q' \) r- ^$ D! \2 H
Active listings for single family homes: 3694(3649, 3496, 3367)1 l, g \# `: E! B& \
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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