Edmonton Real Estate Market Weekly Update – Dec. 7/12

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: 239 (202, 239, 241)
# Sales: 164 (173, 170, 177)
Ratio: 69% (86%, 74%, 73%)
# Price changes: 114 (149, 141, 161)
# Expired/Off Market Listings: 390 (129, 182, 188)
Net loss/gain in listings this week: -315 (-100, -122, -124)
Active single family home listings: 2104 (2288, 2338, 2397)
Active condo listings: 1438 (1549, 1572, 1584)
Homes 4-week running average: $390k ($395k, $387k, $390k)
Condos 4-week running average: $228k ($233k, $232k, $228k)

I think we’ve covered the real estate market in Edmonton pretty well this week so I’ll keep it short and sweet. The market behaved exactly as you’d expect it to in the first week of December – a gradual slow down. 

Dec712avg
Edmonton Average Prices
Dec712
Edmonton Listings and Sales

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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One Response to “Edmonton Real Estate Market Weekly Update – Dec. 7/12”

  1. Ridwan RReyza Real Estate Investing BloggerNo Gravatar 14. Dec, 2012 at 12:37 am #

    Thanks for the real estate market update info, it’s very informative and useful for me