Edmonton Real Estate Market 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: 486 (462, 435, 456)
# Sales: 217 (222, 191, 198)
Ratio: 45% (48%, 44%, 43%)
# Price changes: 354 (344, 324, 341)
# Expired/Off Market Listings: 250 (227, 494, 174)
Net loss/gain in listings this week: 19 (13, -250, 84)
Active listings for single family homes: 3360 (3319, 3287, 3454)
Active listings for condos: 2182 (2176, 2182, 2253)
The REALTORS® Association of Edmonton is reporting 818 sales so far this month, which should put us somewhere around 1300 for the month. The average residential sale price sits at $328k (down from last week and last month), single family homes at $372k (down from last week and about the same as last month) and condos at $230k (down from last month).
Have a great weekend!
I think you reposted last weeks stats guys.
Guess they copy/paste log off and went home haha
Not quite but I did make a mistake…. It’s been corrected. The numbers this week were so close to last week I didn’t even notice. Thanks for pointing it out Itchy.
Again…. Steady goes.
A little weird though.
I figured that things would go down price wise…
Nice Presentation and update on the Edmonton real estate market.
Tony Robbins economic warning…
http://www.youtube.com/watch?v=Z_rShZA_IjE
Tony Robbins economic warning…Pt. 2
http://www.youtube.com/watch?v=LZuJqrcwrEU
Well, a bit depressing… but I guess reality is whats important to know.. If this happens, oil prices are going to go down… and we will see a big impact in Alberta…….
Off topic in time for a chuckle.
What about dem bones? Is this a topic to chew on? How will they affect historic property values in Edmonton?
http://ow.ly/2tNkP
I have never posted to this blog or any other blog however, what I have witnessed on this blog over the weekend, has greatly upset me. I am a bear as far as my beliefs about RE and RE in Canada. I have enjoyed listening to both the bears (doom and gloomers like me) and the bulls. Over the weekend someone posted some disparaging comments about realtors and Sheldon clearly took exception to the post and lashed out. Since then, Sheldon’s post has been removed and it seems that some of the comments from the more bearish posters has also been removed it is too bad that this type of censorship has occurred on such an enjoyable and informative blog. I am both concerned and saddened by these events.
no need to be concerned or saddened.. Sheldon is probably just trying to make sure that the quality of his site is not downgraded by bad comments. I have been a reader of this blog since its origin and none of my comments have been removed – some of my comments were also about making MLS a publically accessible site. So, i guess it just depends what the comments were -if you directly offend a realtor profession than obviously a realtor is not going to take it – As a matter of fact, I dont think any professional would take it….
The Street : August 25, 2010 : Strategy Session [08-25-10 8:50 AM]
August 25, 2010
August 2010
The Street
Danielle Park, president and portfolio manager, Venable Park Investment Counsel, tells BNN about her investing strategy.
http://watch.bnn.ca/clip340469#clip340469