
Edmonton Real Estate Market
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New listings: 260 (294, 346, 305)
# Sales: 210 (244, 255, 199)
Ratio: 81% (83%, 74%, 65%)
# Price changes: 189 (269, 260, 217)
# Expired/Off Market Listings: 404 (163, 182, 170)
Net loss/gain in listings this week: -354 (-113, -91, -64)
Active single family home listings: 2490 (2684, 2753, 2789)
Active condo listings: 1624 (1715, 1729, 1763)
Homes 4-week running average: $378k ($376k, $376k, $377k)
Condos 4-week running average: $232k ($228k, $230k, $229k)
I am just working on our final monthly report, which has some interesting trends. I’ll leave this weekly update with just the numbers and save the analysis for the monthly report that is coming up soon.












Doesn’t make much sense to me (prices going down as much as they did in the past two months and then prices and sale starting to go up again at this time of year?!).
Haven’t looked at the blog lately – actually sitting in Las Vegas in our RV enjoying the weather and still glad we sold our home last spring when prices were up considerably. Looking at our realtor neighbour who ended up having his house foreclosed on and the price dropping by $55K, I wouldn’t necessarily believe all the hype on how great the housing market is there. He doesn’t seem to be listed as a realtor anymore either. Couldn’t believe how low his place ended up being listed for by another realty company. It sold for at least $54K less than ours did depending on the offer .
May look to buy another property in the spring when we return depending on prices, but this is the second time we have sold – made a good deal of money and bought at the lower end of the market. Hoping to do it again.