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Weekly Update on the Edmonton Real Estate Market
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0 L( Y3 z2 Y& Q6 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:
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@1 p: d$ `: Q+ t* RNew listings: 780 (574, 669, 714)
) n* j: U$ L6 y! V6 p# Sales: 284 (235, 263, 259)2 J& b9 m7 p, a$ v
Ratio: 36% (41%, 39%, 36%)
2 H" o7 e+ |9 q9 c6 \6 d# Price changes: 550 (450, 465, 411)# ~& ]3 ^- A6 U- `. P
# Expired Listings: 408 (83, 152, 137)
% X: a3 V1 X' e4 } Q: e* H/ C' c# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
. L* i1 B9 y- l! e; nNet loss/gain in listings this week: 28 (217, 188, 260)2 ^! _7 W. ]7 m8 p: G$ |/ N
Active listings for single family homes: 3694(3649, 3496, 3367)% J, _% V* g" {3 B* Y4 s0 \
Active listings for condos: 2692 (2669, 2608, 2541)9 q4 w* I R2 t( h7 e% M
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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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