Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New listings: 599 (617, 550, 558)
# Sales: 293 (254, 273, 321)
Ratio: 49% (41%, 50%, 58%)
# Price changes: 554 (511, 522, 563)
# Expired Listings: 270 (261, 787, 72)
# Canceled/withdrawn/terminated listings: 65 (55, 158, 163)
Net loss/gain in listings this week: -29 (47, -668, 2)
Active listings for single family homes: 4236 (4242, 4183, 4457)
Active listings for condos: 2910 (2901, 2882, 3094)
We had a question this week about the number of vacant and never lived in homes on the market, out of the 4236 single family homes on the market 1316 are vacant and for condos 1054. In other words, 33% of the listings on MLS are vacant!
