Edmonton Real Estate Market Weekly Update

Here Weeklyupdate_2is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New listings: 406 (501, 621, 432)
# Sales: 316 (344, 340, 330)
Ratio: 78% (69%, 55%, 76%)
# Price changes: 216 (239, 266, 233)
# Expired Listings: 129 (102, 308, 303)
# Withdrawn/terminated/etc. listings: 19 (37, 25, 32)
Net loss/gain in listings this week: -58 (18, -52, -233)
Active listings for single family homes: 2456 (2488, 2486, 2411)
Active listings for condos: 2007 (2015, 1999, 1905)

The blog has suffered at the hands of the busy market this week – we've been too busy to blog! We hope to get more content up next week. Anyway, as you can see sales are down slightly from the past few weeks, but that is likely due to the long weekend.

052209Weekly 

The Realtors® Association of Edmonton is showing 1,474 sales so far this month, which should put us around 2100-2200 sales this month.

May09Projection 

The average residential sale price sits at $327k (down slightly from last week but up from $312k in April), single family homes at $365k, condos at $248k (both down slightly from last week but up significantly from last month). 

Have a great weekend!

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