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Weekly Market Update, Sep. 16/16) d$ o: m U* ?! j1 Z' v
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON @ G( Q4 u0 i: e o) t( y
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE
4 d K, E' Q% y1 j7 IHere 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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2 I2 u$ i3 r& D( ^0 h8 X. h4 ]$ @New Listings: 553 (513, 511, 468)
7 m% M1 i/ h; A1 W @# Sales: 267 (220, 294, 255)
& I7 Q! `# r X# {' ^Ratio: 48% (43%, 58%, 54%), b- `1 w) C) ?; A4 a0 w
# Price Changes: 458 (380, 419, 374). I* k5 J; S3 n8 W8 G' l
# Expired/Off Market Listings: 226 (208, 497, 174)
4 \9 u. t: X: DNet loss/gain in listings this week: 60 (85, -280, 39)# B, i* t' M% l- s5 [: l8 [& T
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
% y" H9 G! _- W9 V5 u, I! tActive condo listings: 2,412 (2,356, 2,325, 2,463)+ r3 ~0 C* p% q9 Y/ D6 U: J
Homes 4-week running average: $428k ($429k, $430k, $434k); e# q) E+ }* J4 m
Condos 4-week running average: $249k ($249k, $251k, $257k)
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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).4 X, `2 \' }" }, H8 W4 _
# y. ]: W) J4 x1 J3 [6 Llistingsandsales& p' }9 Z9 d! r9 k( M% ] [
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