Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New listings: 430 (373, 467, 367)
# Sales: 155 (149, 177, 211)
Ratio: 36% (40%, 38%, 57%)
# Price changes: 376 (375, 471, 326)
# Expired Listings: 578 (279, 166, 223)
# Canceled/withdrawn/terminated listings: 47 (33, 47, 38)
Net loss/gain in listings this week: -350 (-88, 77, -105)
Active listings for single family homes: 3228 (3362, 3436, 3390)
Active listings for condos: 2221 (2285, 2299, 2251)
There has been a great debate on the blog this week! Many of you have spent a lot of time sourcing articles and statistics to support your positions and thoughts, the effort has been extraordinary and is truly appreciated.
Sheldon video’d his thoughts on the market for this week:
Nathan’s also posted his weekly update over on the Edmonton Condo Blog so you can check out what’s up with condos.
And the inventory analysis shows the obvious trend: new listings and sales are doing their annual dip.
Happy Weekend!
