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Weekly Update on the Edmonton Real Estate Market
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5 ]. P* Y% {) {, J5 B' `+ NWeeklyupdateHere 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:7 M8 a8 s$ e, O7 }
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New listings: 780 (574, 669, 714)
9 V+ O) r7 z: Q4 Q: U# Sales: 284 (235, 263, 259)% x3 K _% h( H8 O% i8 _+ ^
Ratio: 36% (41%, 39%, 36%): d1 W9 d+ N" l- E
# Price changes: 550 (450, 465, 411)
: J' n0 m- i0 g# P" Y- t# Expired Listings: 408 (83, 152, 137)0 E" \) J' `! M& w5 z* {0 C. }5 J
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58) F/ q, \3 p+ }0 }' P/ }2 s
Net loss/gain in listings this week: 28 (217, 188, 260)
$ ^8 x, `/ D3 J/ i4 XActive listings for single family homes: 3694(3649, 3496, 3367)
' \8 w: L& |% k/ sActive 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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