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Weekly Update on the Edmonton Real Estate Market7 u% F" S- w# ?, c, s
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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:
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& g5 o( W, ~. t7 C/ m* PNew listings: 780 (574, 669, 714)) q% M6 N' A: Y- q$ Z3 ~: ?1 p, L
# Sales: 284 (235, 263, 259)
* n# a) S6 j4 }Ratio: 36% (41%, 39%, 36%)
8 X& B+ I& L5 X, p. \# Price changes: 550 (450, 465, 411)& ^$ R( }" L$ R
# Expired Listings: 408 (83, 152, 137)8 K* J N3 L/ ]) c9 s9 R8 J
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
4 C# G6 G$ X- c$ sNet loss/gain in listings this week: 28 (217, 188, 260)
( R% F: _2 z9 X( l9 |Active listings for single family homes: 3694(3649, 3496, 3367)
3 V' Z3 W/ ]$ e) a3 _8 J; {Active 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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