Edmonton Real Estate Market Weekly Update,sale Ratio: 107%

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December 11, 2009
' z5 A2 s0 O. y# vEdmonton Real Estate Market Weekly Update
Here 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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# ~8 S. u4 a( M* h5 C- eNew listings: 188 (291, 289, 329)
# Sales: 202 (204, 217, 223)
Ratio: 107% (70%, 75%, 68%)
2 Y( p; W6 X4 G: s# r1 v0 J3 G# Price changes: 113 (123, 295, 160)
* n0 y* }& M1 u( T. X0 z# Expired/Off Market Listings: 108 (244, 103, 143)
/ A$ S7 c$ R& l! o6 v: \( O& MNet loss/gain in listings this week: -122 (-157, -31, -37)
" o) {0 m( U0 t3 ]: dActive listings for single family homes: 1572 (1647, 1775, 1770)
Active listings for condos: 1402 (1436, 1472, 1469)
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Wow - more sales than new listings! Haven't seen that since the market peaked... it is normal for new listings to drop off at this time of year and the ratio to rise slightly but I was definitely surprised by these numbers (I went back and checked three times).