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July 17, 2009
% g6 ?% Q2 ~$ O# ZEdmonton Real Estate Weekly Market Update3 i" ^& }' U6 d8 m6 n& S
Here Weeklyupdate_2is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: U, A% P+ Z/ b$ D+ O. ]! v+ G5 f
# m9 j" Q" R) }, }9 R1 u; uNew listings: 500 (499, 453, 448)
' L' L% j& y# _! q% n) d1 L8 U# Sales: 365 (337, 329, 421)/ O0 k" V# r/ m6 ~' Z$ K
Ratio: 73% (68%, 73%, 94%); t5 i5 x# R* `9 K) K* ^3 W% D
# Price changes: 174 (191, 189, 203)
* p/ j) \* I# G( p# Expired Listings: 98 (93, 308, 69)
( k7 V. I& J6 x' v' |* X# Withdrawn/terminated/etc. listings: 41 (26, 32, 34)
2 c% f3 ]1 H! P8 V# ^Net loss/gain in listings this week: -4 (43, -216, -76)
]; v0 O. `4 L# \# oActive listings for single family homes: 2208 (2178, 2150, 2255)
1 L% O" f. o: a5 ^) k7 M' a; b# HActive listings for condos: 1808 (1828, 1797, 1908)' J8 Q; @1 q$ B M$ U
. c) i! V8 s- _- z+ ~The REALTORS® Association of Edmonton is reporting 1156 sales so far for this month for the greater Edmonton area which is a much higher pace than we've seen in previous July's. We could be on the road to another record month for sales. Looking at prices, the average residential sale price is sitting at $326k (slightly down from last week and last month), single family homes at $373k (down from last week but up from last month), and condos at $244k (up from last week but down from last month). |
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