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Weekly Market Update, Sep. 16/16
: w6 X! k1 ?* _' {, C# UPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
* W1 K9 @1 |, k8 L. QEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE. _1 v5 [ p' |6 c
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:) |( U7 o! N1 y$ r! G
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New Listings: 553 (513, 511, 468); R- a9 ~' L W) f+ i& s
# Sales: 267 (220, 294, 255)2 C* f9 I9 L8 J
Ratio: 48% (43%, 58%, 54%)
: |2 D* [; B- j9 j# Price Changes: 458 (380, 419, 374): S" c4 X% G& G y0 d9 q
# Expired/Off Market Listings: 226 (208, 497, 174)
& G" n( ~3 W, x5 tNet loss/gain in listings this week: 60 (85, -280, 39)1 |! G6 b% u ~* O0 u. Y* K
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
: Q1 j8 u; A) I9 |7 qActive condo listings: 2,412 (2,356, 2,325, 2,463)
% ?& f, P) q6 C- r) [7 D$ y+ t. T% {Homes 4-week running average: $428k ($429k, $430k, $434k)
9 [3 j! |: J/ NCondos 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).
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listingsandsales
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