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:   Weeklyupdate_2

New listings: 417 (454, 358, 394)
# Sales: 228 (200, 196, 180)
Ratio: 55% (44%, 55%, 46%)
# Price changes: 136 (146. 134, 114)
# Expired/Off Market Listings: 82 (57, 73, 142)
Net loss/gain in listings this week: 82 (57, 89, 72)
Active listings for single family homes: 1573 (1484, 1448, 1377)
Active listings for condos: 1326 (1298, 1271, 1244)

The REALTORS® Association of Edmonton is reporting 550 sales so far this month which could put us around 1400 for the month (up significantly from last month and last year). The average residential sale price is currently $324k (up from $314k two weeks ago), single family homes $371k (up from $362k) and condos $244k (up from $238k). 

Feb1210Weekly
Happy weekend - Go Canada Go!!!!

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