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Weekly Update on the Edmonton Real Estate Market& X/ D% i; [5 Z0 m1 C9 `& ~
$ Z, t" X w$ ZWeeklyupdateHere 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:( B2 |" o. x9 X; [* a
5 Y( Z/ I7 e- I8 s4 u" B! h. bNew listings: 780 (574, 669, 714); [7 A7 f% b& n w
# Sales: 284 (235, 263, 259)
' M% a; Q6 y! P7 i+ Z: T0 MRatio: 36% (41%, 39%, 36%); Q% S* r# | m" R, F1 Y; y
# Price changes: 550 (450, 465, 411)
5 Y6 A" O( N$ c# Expired Listings: 408 (83, 152, 137)
5 h3 ]1 i' E% ~7 u" J# Canceled, withdrawn and terminated listings: 60 (39, 66, 58). M3 N/ C+ m* ]+ Z; \, ^
Net loss/gain in listings this week: 28 (217, 188, 260)
4 Q# U6 J; S0 g5 M% C1 Y0 rActive listings for single family homes: 3694(3649, 3496, 3367)( X5 G7 e5 \+ A- H
Active listings for condos: 2692 (2669, 2608, 2541)
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+ [4 }% W" X/ B+ U6 N+ _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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