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Weekly Update on the Edmonton Real Estate Market
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: X2 M/ q" d" J1 E2 pWeeklyupdateHere 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: f% T' U' l8 y! Y3 S5 |$ d2 _9 O
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New listings: 780 (574, 669, 714)
3 ^& d' Z/ }( z' r' f! Z6 I3 |- t# Sales: 284 (235, 263, 259)
& L! B# D( M9 c5 Z, f4 `0 zRatio: 36% (41%, 39%, 36%)( l" D) ?. X$ s# q; S8 ]7 D
# Price changes: 550 (450, 465, 411)5 m' J) s1 h- y: g' r1 P* G
# Expired Listings: 408 (83, 152, 137)- m: \* d# n$ X5 q/ j( O3 q
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
7 H6 d" r, j ?) f- aNet loss/gain in listings this week: 28 (217, 188, 260)" R4 v* Z1 S/ N5 w7 C& e1 {
Active listings for single family homes: 3694(3649, 3496, 3367)/ j4 A: ~7 q( h" j4 }- {* ^
Active listings for condos: 2692 (2669, 2608, 2541)
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% v D2 b2 C0 _+ U% @& Z) nThat'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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