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Edmonton real estate market - Home Prices Drop in July ) n9 H% A6 h; q2 D" m
* T( K9 A5 i" ^! Y: Q2 p9 U) `Information was from the follow link: / d1 K# p5 \) M* _4 n1 c
http://edmontonrealestateblog.com/2010/07/edmonton-real-estate-market-weekly-update-july-30-2010.html
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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: D4 \/ e" O3 c
& T! @; Z$ e* b1 }' DNew listings: 456 (492, 455, 529)$ H: _) W: P/ L' a h
# Sales: 198 (276, 228, 218)8 f* }0 z- _ S3 I8 W* J0 q. q
Ratio: 43% (56%, 50%, 41%)$ z( u, T9 Z" ]* L/ V5 r
# Price changes: 341 (390, 363, 369)% V: a! n* i% y2 @! B
# Expired/Off Market Listings: 174 (221, 226, 204): p( w D; i. t# ]3 u; X
Net loss/gain in listings this week: 84 (-5, 1, 107)
" m; O6 q% O& U& I, M$ W) h6 OActive listings for single family homes: 3454 (3395, 3374, 3329)- C/ h& O. [+ @& m- b' f
Active listings for condos: 2253 (2232, 2209, 2217)
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Inventory, especially of single family homes, is still on the rise. We thought inventory would have peaked by now, and even though the pace has slowed it is still increasing. % q# W4 G6 b- J& n* a6 F0 M4 L9 _
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The REALTORS® Association of Edmonton is reporting 1323 sales so far this month, and with only two days left it looks to be another low for monthly sales for at least 6 years. The average residential sale price sits at $329k (down $1k from last week and $6k from last month), single family homes at $370k (down $1k from last week and $17k from last month – probably one of the biggest drops in a single month we’ve seen) and condos at $244k (down $1k from last week and $4k from last month). |
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发表于 2010-7-30 14:13
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