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Weekly Update on the Edmonton Real Estate Market
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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:
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New listings: 780 (574, 669, 714)
4 r# z/ E+ T1 J$ E$ y8 m# Sales: 284 (235, 263, 259)( z; R; v( a) }1 T; J" J* f. `. {
Ratio: 36% (41%, 39%, 36%)
: Z9 G4 `; q7 y I7 p( j# Price changes: 550 (450, 465, 411)
: _$ a/ ?7 i5 S6 Y1 d# Expired Listings: 408 (83, 152, 137)
) t+ f: l. [0 x D' o C' s# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)7 X2 g3 X5 r9 M5 J' {
Net loss/gain in listings this week: 28 (217, 188, 260)
" g s$ ^. Z) r9 s+ zActive listings for single family homes: 3694(3649, 3496, 3367)! j9 S1 y" h& u2 ~7 `' V3 s, W
Active listings for condos: 2692 (2669, 2608, 2541). o* O% ~7 ?" L2 F6 T' q
+ _* X/ b( M4 s3 o0 M4 F" uThat'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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