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Weekly Update on the Edmonton Real Estate Market" P2 J1 r z0 v$ k8 ]
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WeeklyupdateHere 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:/ }2 C4 h3 n. U' x# k( K
5 n4 j6 J6 `7 m& z+ l v: DNew listings: 780 (574, 669, 714)
P6 b7 ^1 E( ?0 `& p2 E# \- |# h) m# Sales: 284 (235, 263, 259)
9 j% ?) b- a9 ^: ]1 ~3 ?( kRatio: 36% (41%, 39%, 36%)
& D+ Z1 ~3 x: [0 z; R# Price changes: 550 (450, 465, 411)
, W) Z5 `1 A) W, j# Expired Listings: 408 (83, 152, 137)
& G$ r1 \% A5 h" E# Z# Canceled, withdrawn and terminated listings: 60 (39, 66, 58). h' s- u, |0 D/ V: K
Net loss/gain in listings this week: 28 (217, 188, 260)
; R9 s0 J: y \* k# n. b# XActive listings for single family homes: 3694(3649, 3496, 3367)
5 P0 L4 `+ Z* z& iActive listings for condos: 2692 (2669, 2608, 2541)
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That'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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