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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)3 t! w+ V0 d& Z. `4 j+ F; V
# Sales: 284 (235, 263, 259)
) W+ f3 C% d) `( g) r$ XRatio: 36% (41%, 39%, 36%)
4 C. J4 Y8 s: K% D# Price changes: 550 (450, 465, 411)9 x. s: ~6 Y- C- `7 }
# Expired Listings: 408 (83, 152, 137)
# C. Y: Z$ |. u7 e# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
# @ a. h5 ?3 f8 f5 r8 `Net loss/gain in listings this week: 28 (217, 188, 260)6 V. t- t# |2 M. G$ {) j9 h
Active listings for single family homes: 3694(3649, 3496, 3367)2 `* F5 b+ d. r. A% i8 W* n# ^! l7 Z
Active listings for condos: 2692 (2669, 2608, 2541)7 v4 ?6 D8 ~0 A6 Z, l% D$ _
# }1 |2 a0 {) H3 h f) E' Z. g8 ZThat'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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