Edmonton Real Estate Market Weekly Update, March 22/13
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: 390 (455, 521, 373)
# Sales: 296 (243, 241, 228)
Ratio: 76% (53%, 46%, 61%)
# Price Changes: 158 (160, 140, 146)
# Expired/Off Market Listings: 85 (59, 188, 191)
Net loss/gain in listings this week: 85 (153, 92, -46)
Active single family home listings: 2088 (2065, 1970, 1823)
Active condo listings: 1549 (1549, 1467, 1398)
Homes 4-week running average: $403k ($402k, $393k, $394)
Condos 4-week running average: $241 ($238k, $233k, $229k)
Fairly sizeable jump in sales this week, I expect it will increase next week as well, based on the activity at our office. Although there were a lot of showings cancelled yesterday, they all seem to be re-booking today. That said, Spring Break and Easter weekend could cool things off a bit. You really don’t know what’s under all that snow when you’re considering buying a home buried under 3 feet of the fluffy stuff. Sure looks pretty though!
Have a great weekend!
About Sara MacLennan
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.