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Weekly Update on the Edmonton Real Estate Market
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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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, ~6 u) i4 d- l' ?+ H) U/ s% [9 yNew listings: 780 (574, 669, 714)7 Q0 t0 J' k) H# Y+ _
# Sales: 284 (235, 263, 259)
" c; u& V1 E" s, M7 O: }3 G: WRatio: 36% (41%, 39%, 36%)' P# A+ g% B8 @4 d# M% v
# Price changes: 550 (450, 465, 411): E D/ V/ S/ B# M. y( H
# Expired Listings: 408 (83, 152, 137)8 @/ D% }. ^1 ~8 Q$ V8 `0 r
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)/ n" r9 ]1 A" J) m7 t2 h9 s
Net loss/gain in listings this week: 28 (217, 188, 260)
- R7 L$ l; i5 Y# PActive listings for single family homes: 3694(3649, 3496, 3367)
. D8 B/ s! w& B1 e, i. EActive 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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