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Weekly Market Update, Sep. 16/16
R2 e( f4 T6 V9 v7 Y$ V5 rPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON, N# j o0 u% ?" O3 g( M, {
EDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE; ]5 ]% C$ Y' q& X. a) i5 |
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:2 r' Q/ {! B) L0 _8 H/ f
5 n/ q- q( e1 X/ mNew Listings: 553 (513, 511, 468)
& E3 d3 N( s6 ?4 r3 s# Sales: 267 (220, 294, 255)' @( ]- B2 t+ M( b) B! Q
Ratio: 48% (43%, 58%, 54%)- ?% f7 d' W+ C, p" L0 Q+ j
# Price Changes: 458 (380, 419, 374)% T, m' D% {( v% t1 P) |
# Expired/Off Market Listings: 226 (208, 497, 174)% K0 ~. U* y% B2 K! U; q0 u6 _
Net loss/gain in listings this week: 60 (85, -280, 39)
( s$ g5 b; a. f( \2 `1 N/ z4 [Active single family home listings: 3,305 (3,285, 3,195, 3,356)
" V1 z5 W; `2 eActive condo listings: 2,412 (2,356, 2,325, 2,463)
7 m: V& Y R1 a% QHomes 4-week running average: $428k ($429k, $430k, $434k)
# F$ [" O; F: g' B: @Condos 4-week running average: $249k ($249k, $251k, $257k)
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- M8 J' u h9 m& r; G ?. O% GSummer’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).& h* k V) w( g0 w8 q4 M" d) b; F; N
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listingsandsales
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