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Weekly Update on the Edmonton Real Estate Market3 E4 r7 O3 R6 G1 {5 \
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WeeklyupdateHere 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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# x3 o/ H3 f3 a. n* ENew listings: 780 (574, 669, 714)7 g2 A; z& P5 B* e& i
# Sales: 284 (235, 263, 259)1 B& ~) m. U; j+ y- L
Ratio: 36% (41%, 39%, 36%)
: a" H" u: l8 C. {4 i0 o# Price changes: 550 (450, 465, 411)6 r' u- W' g$ g9 t. b3 d4 k
# Expired Listings: 408 (83, 152, 137)
( U# f [7 }" D# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)! |) M9 j A, C* L+ y# r
Net loss/gain in listings this week: 28 (217, 188, 260)7 c4 O3 J& t+ C0 B
Active listings for single family homes: 3694(3649, 3496, 3367)
4 [ a' U& J5 `' j- s& fActive listings for condos: 2692 (2669, 2608, 2541)' G* ~0 d: ^+ C$ J O
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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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