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Weekly Update on the Edmonton Real Estate Market# T! E7 D# u; M% g$ W) J, @0 [
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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:9 S5 d1 x( F' P n
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New listings: 780 (574, 669, 714)
& X0 \% j' a4 k6 o$ ?* |* R* [# Sales: 284 (235, 263, 259)
O8 E. _, ?# b) `2 P6 l! t5 C9 ]Ratio: 36% (41%, 39%, 36%)
, t- Z. ~2 p. b5 S# Price changes: 550 (450, 465, 411)% w- m8 j' f: i! ]
# Expired Listings: 408 (83, 152, 137)0 l! M3 K- h. d# v
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)) ?% J# A: H& x
Net loss/gain in listings this week: 28 (217, 188, 260)8 N. I% s9 K( H6 \% N* Q
Active listings for single family homes: 3694(3649, 3496, 3367), [: m1 t& p6 L( }/ b
Active listings for condos: 2692 (2669, 2608, 2541)
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' C4 [+ i* a" g9 X! w/ J; m0 pThat'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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