We've noticed for some time that the daily increase in inventory has been dropping, to the point that it looks like April could be our peak for inventory this year. While inventory is still well above what would be considered normal for Edmonton, I think we may have a new, higher "normal." The absorption rate (tells you how many months it will [...]
Archive | May, 2009
Edmonton MLS® Sales Rebound in April
The preliminary numbers show that there were 1843 residential MLS® sales in the Edmonton area in April making it the first month this year we've seen more sales than last year: The average residential sale price sits at $312k, just slightly up from last month: The number of new listings in April was within the normal range: For the first time in two years [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 432 (486, 418, 474)# Sales: 330 (300, 252, 203)Ratio: 76% (62%, 60%, 43%)# Price changes: 233 (276, 196, 252)# Expired Listings: 303 (134, 138, 110)# Withdrawn/terminated/etc. listings: 32 (71, 16, 36)Net loss/gain in listings this week: -233 (-19, [...]
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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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