Edmonton Real Estate Market Weekly Update – Oct. 26/12

by Sara MacLennan on October 26, 201226. Oct, 2012 in Edmonton Real Estate Market, Weekly Update

EdmontonRealEstateMarketUpdate
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: 294 (346, 305, 430)
# Sales: 244 (255, 199, 246)
Ratio: 83% (74%, 65%, 57%)
# Price changes: 269 (260, 217, 263)
# Expired/Off Market Listings: 163 (182, 170, 438)
Net loss/gain in listings this week: -113 (-91, -64,-254)
Active single family home listings: 2684 (2753, 2789, 2828)
Active condo listings: 1715 (1729, 1763, 1763)
Homes 4-week running average: $376k ($376k, $377k, $382)
Condos 4-week running average: $228k ($230k, $229k, $225k)

The REALTORS® Association of Edmonton is reporting 1,110 sales so far this month for the Greater Edmonton Area, which should put us around 1375 for the month (ahead of last month and last year). 

Oct2612
Edmonton listings and sales
Oct2612a
Edmonton real estate prices

Have a great weekend!

About

Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara’s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.

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5 Responses to “Edmonton Real Estate Market Weekly Update – Oct. 26/12”

  1. Inspector GadgetNo Gravatar 26. Oct, 2012 at 11:34 am #

    Hey Sheldon and Sarah,

    I asked this last week but got no response…maybe you are busy! Anyway, were you not publishing the mean and median house price for a while or am I imagining that? Is it possible to get that information?
    Thanks…

  2. imranNo Gravatar 26. Oct, 2012 at 11:35 am #

    Sale to listing ratio shows that it is still sellers market n booming edmonton economy

    • wsnNo Gravatar 26. Oct, 2012 at 11:43 am #

      83% is exceptionally strong for a late October.

      • Sara MacLennanNo Gravatar 26. Oct, 2012 at 12:17 pm #

        It is… but you’ll notice the high ratio is due to a decrease in new listings, not an increase in sales. That is actually typical for this time of year.

  3. L. SmithNo Gravatar 31. Oct, 2012 at 10:21 am #

    I am searching for a small warehouse space on the west end of Edmonton. Shared space if necessary. My son has a business making small wooden toys. He and his co-worker need a very small space for their woodworking and storage. No retail front required. These two entrepreneurs need less than 500 sq. ft. for their registered business. I have searched online to no avail. I have left countless messages with various realtors. I have had zero response. Using this forum as a last resort. Please call if you have any ideas.
    Sincerely, Laurence
    780-460-6926