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Weekly Market Update, Sep. 16/16% p) Z; ?' c& ~9 f: q+ e! F" `
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON1 T9 _. x$ n: H5 A- Y' z" q, M
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
1 |# q% q/ K, u) xHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
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New Listings: 553 (513, 511, 468), |; X# G+ _$ O: R# }# B
# Sales: 267 (220, 294, 255)
$ q) W$ A5 }! c* LRatio: 48% (43%, 58%, 54%)
: `( g8 F9 Z7 o% L( X) C9 w# Price Changes: 458 (380, 419, 374)
. ~8 w/ \5 a5 ~1 {& a1 f# Expired/Off Market Listings: 226 (208, 497, 174)
/ h1 v, t7 f( y0 g, k" i3 |Net loss/gain in listings this week: 60 (85, -280, 39)7 m* g5 O0 ]( b4 e3 @( k: X3 s
Active single family home listings: 3,305 (3,285, 3,195, 3,356): j! d, H+ ?7 K4 N
Active condo listings: 2,412 (2,356, 2,325, 2,463)6 a! Q/ p* w5 F" g( f1 S
Homes 4-week running average: $428k ($429k, $430k, $434k)
o u- T* X' M0 RCondos 4-week running average: $249k ($249k, $251k, $257k). [/ Z) z9 B; F, o
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).
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listingsandsales
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