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Weekly Market Update, Sep. 16/16
4 f+ z) @* b) m9 v, E5 a! W {POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON2 a4 Q# t$ {/ W2 G6 }3 Q
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE0 o) ~* _8 W4 v2 E4 }% F+ t5 T9 t8 r
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:) ~1 r0 \4 p$ `, I) k5 Z$ Q
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New Listings: 553 (513, 511, 468)1 F4 T" h" m4 ]+ x2 Q
# Sales: 267 (220, 294, 255)' v( w2 v/ j% I9 N, p% G }
Ratio: 48% (43%, 58%, 54%)
5 Y" T. F2 g- W5 Z# Price Changes: 458 (380, 419, 374)
( g0 H3 Y3 J5 ]- ^# Expired/Off Market Listings: 226 (208, 497, 174)
a3 _: w$ l9 a2 I ANet loss/gain in listings this week: 60 (85, -280, 39)
: ~, \* `# Q# R6 [7 sActive single family home listings: 3,305 (3,285, 3,195, 3,356)
$ g9 e- K# G6 y- B. V zActive condo listings: 2,412 (2,356, 2,325, 2,463)
0 p: E2 Y0 a" J1 b" K- qHomes 4-week running average: $428k ($429k, $430k, $434k); Y4 A0 T1 U0 t! Z/ W" e& Q
Condos 4-week running average: $249k ($249k, $251k, $257k)% N, i. e: D1 Y# _/ M& H, ^, n
' g |8 R% n0 ?Summer’s over, kids are back to school, schedules are in place… time to take care of that real estate listing. I think that at least partly explains the large number of price reductions and listings (many of which are probably expired listings that are now coming back on the market).0 D$ ~! y0 V% X
& O, n' M$ {, }6 ?8 ulistingsandsales
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