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Weekly Update on the Edmonton Real Estate Market
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M0 y0 C; w! |. r6 TWeeklyupdateHere 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:+ O& u6 V- a6 G1 ]! i! Y" ~ V: y
7 c9 l' a7 {/ N0 K* z8 HNew listings: 780 (574, 669, 714)
- j. x" u0 J; U9 j9 C" s8 C+ I# k# Sales: 284 (235, 263, 259)
; `2 @) g, ^9 bRatio: 36% (41%, 39%, 36%)
/ K9 Q0 N; R- ^) B' U- O+ J' b# Price changes: 550 (450, 465, 411)
3 L6 v: }( Q3 ?% K1 T1 u, ]# Expired Listings: 408 (83, 152, 137)
; b5 ~+ E8 c& q" ?4 A, A0 A& j9 l r# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
+ Q( d% u+ B; S& D/ @* R. rNet loss/gain in listings this week: 28 (217, 188, 260) d' u" I h4 c) W
Active listings for single family homes: 3694(3649, 3496, 3367)
; O) g; F4 x& [( {7 p; ]/ K1 \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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