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Weekly Market Update, Sep. 16/16
3 \# z. S6 K3 d1 k- {# M; x3 nPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
3 [4 M; V- j2 IEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
- [) X, ?* |7 n8 ]6 W3 ^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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New Listings: 553 (513, 511, 468)( G3 ~, e# t( S' s1 M6 t) _
# Sales: 267 (220, 294, 255)
* R4 y) g7 D% x, o# mRatio: 48% (43%, 58%, 54%)
" { j* O, J' j( k# Price Changes: 458 (380, 419, 374)
+ R7 e& U, q, q5 V2 k# Expired/Off Market Listings: 226 (208, 497, 174)
+ `/ A6 D' e ?3 T! D" ANet loss/gain in listings this week: 60 (85, -280, 39)
! o+ R/ N9 B# {- MActive single family home listings: 3,305 (3,285, 3,195, 3,356)! p# M' j; t) m& Z5 A
Active condo listings: 2,412 (2,356, 2,325, 2,463); ~; K% `: b, j! Z6 w5 R9 h$ @
Homes 4-week running average: $428k ($429k, $430k, $434k), |2 n9 Q. ?$ W: V$ |8 w+ d3 l9 S
Condos 4-week running average: $249k ($249k, $251k, $257k), b3 C* B$ g/ M# A$ r# v2 R" E
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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).7 G# r4 J5 a8 @0 ?! W" _
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listingsandsales
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