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Weekly Update on the Edmonton Real Estate Market
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2 v, M& n M% f% A0 OWeeklyupdateHere 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:7 U2 Z+ O6 f6 k! W# W
/ j; h4 m6 i. Q5 _7 J' |New listings: 780 (574, 669, 714)0 V( D6 S1 Y. |4 j& m- O% N
# Sales: 284 (235, 263, 259)& e2 J) ~# R' U; q# F& g
Ratio: 36% (41%, 39%, 36%)5 h& g k/ T, z# [# }: Z% e& D) R
# Price changes: 550 (450, 465, 411); J; ~# M8 |% V( w0 X
# Expired Listings: 408 (83, 152, 137)6 Z% F: b3 n* V! Z
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58) h, i+ f' {9 v5 p, A5 f/ b
Net loss/gain in listings this week: 28 (217, 188, 260)
$ f% v4 E& {9 i) G' P kActive listings for single family homes: 3694(3649, 3496, 3367)
- _7 S) V# P* u8 t9 ^; ]Active listings for condos: 2692 (2669, 2608, 2541)" Z' C2 o- r* O8 l5 e9 r" L G6 x! e+ E
- J( W* A7 D2 c4 D% }9 F0 pThat'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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