Edmonton Real Estate Market Update
May the 4th be with you!!!
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New listings: 596 (536, 515, 493)
# Sales: 336 (311, 314, 245)
Ratio: 56% (58%, 61%, 50%)
# Price changes: 262 (285, 260, 267)
# Expired/Off Market Listings: 277 (66, 125, 82)
Net loss/gain in listings this week: -17 (159, 76, 166)
Active single family home listings: 2895 (2924, 2831, 2809)
Active condo listings: 1882 (1887, 1836, 1764)
Homes 4-week running average: $395k ($393k, $394k, $392k)
Condos 4-week running average: $237k ($234k, $232k, $230k)
When we found out we were expecting twins the spring, we really hoped Luke and Leia would be born today, then Sheldon could proudly proclaim: "Luke, I am your father!" Just kidding... they arrived early and we didn't name them Luke and Leia.
Anyway, sales continue to increase in Edmonton and this week set another weekly record for sales so far this year. We've talked a lot of stats this week so I'll leave it at that.
Have a great weekend!