Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
New listings: 405 (432, 506, 382)
# Sales: 188 (197, 185, 167)
Ratio: 46% (46%, 37%, 44%)
# Price changes: 224 (216, 252, 233)
# Expired Listings: 131 (91, 388, 106)
# Canceled/withdrawn/terminated listings: 26 (30, 29, 19)
Net loss/gain in listings this week: 60 (114, -96, 90)
Active listings for single family homes: 2500 (2498, 2412, 2472)
Active listings for condos: 1915 (1851, 1805, 1830)
This week looked a lot like last week. There have been 748 sales so far this month which should put us around 1100 by the end of the month. The overall average residential sale price is sitting at $308k, up from last week but down from the end of last month ($317k). The average sale price of single family homes is $346k, also up from last week but down from the end of last month ($352k). And condos are selling for $226k on average, the same as last week but down from the end of last month ($239k).
Have a safe and happy weekend!
