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Weekly Market Update, Sep. 16/16( s& R; w6 t, U6 ?: \. g
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
6 C! u5 {0 J3 l% i3 r, c1 EEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
6 z9 g* o6 C3 D# P, U4 j1 v3 T! PHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:' p- Y- R" S" `. o. ]' V
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New Listings: 553 (513, 511, 468), h$ O$ ]# K+ p( Y1 }
# Sales: 267 (220, 294, 255)
1 i% F" i1 Y! u% |Ratio: 48% (43%, 58%, 54%). c0 j3 `* s( U/ B u
# Price Changes: 458 (380, 419, 374)
. Z* {& Q0 s" E# D5 S0 ^7 M, B$ n9 ^# Expired/Off Market Listings: 226 (208, 497, 174)6 X* ?7 i6 O3 E" e# s( q1 e. g
Net loss/gain in listings this week: 60 (85, -280, 39) F# p& ~6 t' B4 J5 o* ~
Active single family home listings: 3,305 (3,285, 3,195, 3,356)5 l; {& D6 v; U+ j- E8 n
Active condo listings: 2,412 (2,356, 2,325, 2,463)
6 L8 B4 H; }! y4 i6 B* M) ZHomes 4-week running average: $428k ($429k, $430k, $434k)( x0 L$ d5 F6 {$ d9 |+ F
Condos 4-week running average: $249k ($249k, $251k, $257k); B) A; @1 e. F9 u" i* }! b6 v
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).
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listingsandsales
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