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Edmonton Real Estate Market Weekly Update
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Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: \: z) K. f" F% D6 H# i
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New listings: 390 (380, 94, 107)6 y6 v- x8 y/ h8 b4 }- m: V
# Sales: 111 (82, 37, 65)2 h& \: _# G5 W3 v) q& E
Ratio: 28% (22%, 39%, 61%)" l2 I( m# S4 r# q
# Price changes: 242 (156, 94, 75)
0 b4 [, m' k9 Y$ {, H# Expired Listings: 215 (171,851, 184)" m. e- w% M, s
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)
# ^ b7 u/ H* j" H: q; _& h W" Q# `6 NNet loss/gain in listings this week: 43 (116, -807, -159)( J, o# H0 L4 h X! Y( j
Active listings for single family homes: 2347 (2258, 2722, 2804)
% H; B3 B5 T6 W- F: OActive listings for condos: 1625 (1554, 1878, 1934)! m1 ?& H% k4 H/ t5 K# k8 z
# Z! p; Y, y' sLast year at this time the sales to new listings ratio was at 30%, so we're not far off last year. I was expecting to see more sales this week, simply because things seem busier out there (more showings, more offers etc). One thing that could be slowing things up a bit are conditions - it is harder to get a mortgage these days, so the condition dates are being written for a longer period of time. Sales are not reported until all conditions are removed so the start to the year could be slower because of longer condition periods. |
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