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Weekly Market Update, Sep. 16/16
/ J- g+ W8 A oPOSTED ON 16 SEP 16COMMENTS 15BY SHELDON JOHNSTON
5 ^! w, ]2 g8 u' h/ REDMONTON REAL ESTATE MARKET ● WEEKLY UPDATE1 [& K; O \& Z" r" e
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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New Listings: 553 (513, 511, 468)
# f8 l) R9 E, b- @0 Y. g" m, S6 k# Sales: 267 (220, 294, 255)/ S: j2 C8 C1 P2 J4 G$ n6 {
Ratio: 48% (43%, 58%, 54%)& y: d8 ]2 ~$ n& _* j: P/ q. |
# Price Changes: 458 (380, 419, 374)
+ X( ^0 I7 y& C" X# Expired/Off Market Listings: 226 (208, 497, 174)
( k( I0 ]# p& L! \% a& }Net loss/gain in listings this week: 60 (85, -280, 39)- M) m, z& D# u! D" a
Active single family home listings: 3,305 (3,285, 3,195, 3,356)
3 Q# S5 `5 D8 g8 a0 v$ U: kActive condo listings: 2,412 (2,356, 2,325, 2,463)% z, A( n) p/ h
Homes 4-week running average: $428k ($429k, $430k, $434k)) x2 P+ V$ z3 U* x8 R. f( T& P
Condos 4-week running average: $249k ($249k, $251k, $257k), o8 y' g& |" a* w
* d& r6 C5 f# K, pSummer’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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3 Z5 A% I; T1 ]6 ylistingsandsales |
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