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Weekly Update on the Edmonton Real Estate Market
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! S( t3 p+ e, S. FWeeklyupdateHere 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: |' A, Z/ D# N4 ^' G
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New listings: 780 (574, 669, 714)
& [; I7 T S' W5 g4 y' H# Sales: 284 (235, 263, 259)/ _3 E |( [, i2 }- V
Ratio: 36% (41%, 39%, 36%)
+ J" I V8 n% t6 t& J# Price changes: 550 (450, 465, 411)
4 I6 S6 Z5 B" g& ~# q$ |5 z! B# Expired Listings: 408 (83, 152, 137)2 A) @; K8 L, r' j* m
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
. [" ] i* |% QNet loss/gain in listings this week: 28 (217, 188, 260)6 f5 k. A- h+ i4 O
Active listings for single family homes: 3694(3649, 3496, 3367)
. R' }+ C3 a5 w* ~8 Z k0 YActive 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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