A lot of times when we post the stats there is some confusion about the numbers. I have to admit I don’t always know the answers, but I did get some from the Realtor’s Association of Edmonton this week. Hopefully this clears things up for everyone.QUESTION:I am bit confused by the numbers EREB.com is expressing. EREB.com as per July [...]
Archive | August, 2008
Weekly Update on the Edmonton Real Estate Market
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 538 (528, 476, 599)# Sales: 262 (296, 286, 293)Ratio: 49% (56%, 60%, 49%)# Price changes: 448 (466, 480, 554)# Expired Listings: 552 (608, 162, 270)# Canceled/withdrawn/terminated listings: 33( 47, 63, 65)Net loss/gain in listings this week: -309 [...]
Edmonton Real Estate Board: Sales Up 14%
So the Realtor’s Association of Edmonton released their monthly report yesterday emphasizing the strong sales in July (just like we did on Friday!). The official release always fills in a few missing pieces of the puzzle and although it took me a bit longer than usual (we were working until 1am last night) I’ve got it together now.So, looks like [...]
Don’t Give Away Your Motivation
We know there are a lot of homes for sale in the Edmonton area, and there are a lot of very "motivated" sellers out there. These days I am noticing a lot of the listings have statements like:Motivated Seller!!!Bring offers…Must Sell!!All offers considered!Research shows that homes marketed in this fashion actually take longer to sell, and sell for less money. [...]
Edmonton Real Estate Sales Sizzle While Prices Fizzle
Ok, the preliminary numbers are out from the board. Typically when the actual numbers come out we see some slight differences as the last remaining sales are reported (Realtors have 2 days to report a sale), so I expect the official numbers will show a few more sales, and slightly lower inventory (that is what we normally see). That being [...]
Weekly Update on the Edmonton Real Estate Market
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 528 (476, 599, 617)# Sales: 296 (286, 293, 254)Ratio: 56% (60%, 49%, 41%)# Price changes: 466 (480, 554, 511)# Expired Listings: 608 (162, 270, 261)# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)Net loss/gain in listings this week: -418 [...]
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Edmonton Real Estate Market Weekly Update – April 27/12
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Edmonton Real Estate Market Weekly Update – Star Wars Day
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Edmonton Real Estate Market Weekly Update – May 11/12
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Edmonton: The epicenter of North America
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The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
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