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Weekly Update on the Edmonton Real Estate Market1 Y4 R% h- ]+ s; D7 b
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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:1 {. G q$ w- C5 t. s4 P1 y& z
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New listings: 780 (574, 669, 714)
' v# a) m- \2 O# Sales: 284 (235, 263, 259)
1 b: L3 Y- ]6 W2 H# F- KRatio: 36% (41%, 39%, 36%)
1 g1 S' P7 d* B3 n& J& o# Price changes: 550 (450, 465, 411)
7 \+ {* _) I5 o1 s# Expired Listings: 408 (83, 152, 137)3 {/ i9 P8 }# L+ |* G0 T4 b+ z) m% y
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)6 U% b# _2 H8 Y# e/ W# a6 ~/ Q C
Net loss/gain in listings this week: 28 (217, 188, 260)
6 b j' z9 X0 R, ^& w# OActive listings for single family homes: 3694(3649, 3496, 3367)& R% e" {) z7 Y4 L' I
Active listings for condos: 2692 (2669, 2608, 2541)( ^ B4 r! N( R
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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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