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Weekly Market Update, Sep. 16/163 V9 `: g! y6 O5 J- b s
POSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
E1 ?7 ?; a* Y$ P) H8 G, o& B' W jEDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE! K6 k! O7 \& o
Here 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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) _8 o# \1 I. ~& A/ M) I, L8 CNew Listings: 553 (513, 511, 468)
* b" {8 M' r6 i5 V' P# Sales: 267 (220, 294, 255)
; N8 W" B" O$ _& {; K* V/ _0 B/ ERatio: 48% (43%, 58%, 54%)* p7 {( T# l* z' u7 G
# Price Changes: 458 (380, 419, 374)
9 z6 p3 R) z" m, q7 x: b# Expired/Off Market Listings: 226 (208, 497, 174)
6 ^( t F" C$ a4 _. ?' c% _Net loss/gain in listings this week: 60 (85, -280, 39)
( T' W9 [( H2 I# Y: }Active single family home listings: 3,305 (3,285, 3,195, 3,356)0 L2 S7 J4 \: E+ _9 R$ h5 C
Active condo listings: 2,412 (2,356, 2,325, 2,463)
/ h5 x+ H- M6 P6 q, w. r7 JHomes 4-week running average: $428k ($429k, $430k, $434k)
$ a6 {- ]" _) s, cCondos 4-week running average: $249k ($249k, $251k, $257k)
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g0 B2 `; ?4 g9 S, U4 ?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).. F V0 \- P& y5 `
1 C2 B& _( ?( ~9 H8 flistingsandsales
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