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Weekly Market Update, Sep. 16/16
6 |/ R! K9 X4 Z2 c2 k1 K/ m) D1 f1 IPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
. n. I: Z3 u; o, CEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE, M2 ?& j' p% V1 h2 J% f
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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New Listings: 553 (513, 511, 468)
5 e& `5 S! W. o8 j; V# Sales: 267 (220, 294, 255)
- j1 P% t; a( G5 _. ~9 ]# ZRatio: 48% (43%, 58%, 54%)
7 B; w* R9 J' f n- m# Price Changes: 458 (380, 419, 374)
6 a. L$ z5 f4 c& N# Expired/Off Market Listings: 226 (208, 497, 174)
1 {, {" Z" }8 J/ \! u( XNet loss/gain in listings this week: 60 (85, -280, 39)7 Q3 C8 ?! C) ~1 L" ?) m. E+ k
Active single family home listings: 3,305 (3,285, 3,195, 3,356)- y" P7 Q( X$ [) e! N) ^1 ?, [
Active condo listings: 2,412 (2,356, 2,325, 2,463)
$ G& n: L1 T1 k. ]2 J6 ]' ^4 X# ~Homes 4-week running average: $428k ($429k, $430k, $434k)6 j1 |6 B5 r+ Z8 X6 s
Condos 4-week running average: $249k ($249k, $251k, $257k) W7 L" W5 A! N9 V' \) r$ F2 Y
; H; e: n ^& U/ }/ L% B8 oSummer’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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! D r3 W, ~; m# Xlistingsandsales
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