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Weekly Update on the Edmonton Real Estate Market
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$ u8 _" `5 A0 nWeeklyupdateHere 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:9 [, e0 O0 M) b: h) |" M; u
! f% K+ D3 b, Q W" PNew listings: 780 (574, 669, 714)& A+ w0 z5 T7 q5 |
# Sales: 284 (235, 263, 259)
" I: t$ t2 ~& c+ @+ URatio: 36% (41%, 39%, 36%)
N* C; ]8 l1 O9 a! t0 W! y# Price changes: 550 (450, 465, 411)4 A2 d; u0 }, I2 U
# Expired Listings: 408 (83, 152, 137)
( `* R% G4 Y- B" T+ |( l8 l! I# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
: b0 N% n' |, H2 E q' VNet loss/gain in listings this week: 28 (217, 188, 260)
/ \8 u. F0 n) Y! A, x' X% JActive listings for single family homes: 3694(3649, 3496, 3367)2 t, [( w+ A, W/ x# B# u8 |& @& a
Active listings for condos: 2692 (2669, 2608, 2541)- j; Q2 _) m+ m. Z1 p
% Q& [" J" ]4 ?3 l3 HThat'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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