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Weekly Market Update, Sep. 16/16
* f g) o! F- S$ b# {2 ePOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
1 b( ]" Z) N2 M/ h- GEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE% y$ f5 d' m7 j9 x' c, i0 Y5 g
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
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* Q. z, A; w9 g4 O( JNew Listings: 553 (513, 511, 468)
6 y) K$ @8 }+ H' _0 q4 i! F# Sales: 267 (220, 294, 255)4 Q8 p* o4 o$ b% I4 t/ ~
Ratio: 48% (43%, 58%, 54%)1 m$ J) A) U- Q. ^
# Price Changes: 458 (380, 419, 374)
# H& O6 p0 N4 f7 s( } `% `8 ~# Expired/Off Market Listings: 226 (208, 497, 174)
; M0 r3 ?' N4 x; e* q6 s& ONet loss/gain in listings this week: 60 (85, -280, 39)
6 o) w* y7 g; S7 i& cActive single family home listings: 3,305 (3,285, 3,195, 3,356)
( e, ~ W- h* ^ aActive condo listings: 2,412 (2,356, 2,325, 2,463)
1 t* J! v9 D) aHomes 4-week running average: $428k ($429k, $430k, $434k)
- H* T% j7 [' g) I$ w% s4 {Condos 4-week running average: $249k ($249k, $251k, $257k)3 \( x M3 s7 v* p: _8 k
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Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).
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listingsandsales
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* `7 y5 c4 c9 ?, c# | J6 alistingsandsales |
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