Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
New listings: 444 (405, 432, 506)
# Sales: 202 (188, 197, 185)
Ratio: 45% (46%, 46%, 37%)
# Price changes: 275 (224, 216, 252)
# Expired Listings: 102 (131, 91, 388)
# Canceled/withdrawn/terminated listings: 31 (26, 30, 29)
Net loss/gain in listings this week: 109 (60, 114, -96)
Active listings for single family homes: 2555 (2500, 2498, 2412)
Active listings for condos: 1987 (1915, 1851, 1805)
Two days left to count before the month end numbers are up and there have been 1,019 sales this month, the average sale price sits at $309k (up from last week but down from the end of January), single family homes at $348k (also up from last week and down from last month) and condos at $226k (same as last week but down from last month).
Since we'll be posting the monthly results on Sunday I'm going to leave it at that for today. Here are a couple of articles/posts I've found this week of interest:
- "City of Opportunity" Consultant says Edmonton tops for real estate investment
- New schools being built in Edmonton to be completed by Sept. 2010
- Introducing "dEdmonton" Canada's new Halloween capital
- Edmonton Downtown Dining Week – March 6-15
- See you at winefest at the Shaw Conference Centre tomorrow!
- CMHC's Housing Starts Report for Edmonton came out today
