Weekly Market Update, April 4 /14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 492 (462, 474, 477)
# Sales: 334 (330, 289, 300)
Ratio: 68% (71%, 61%, 63%)
# Price Changes: 161 (153, 165, 147)
# Expired/Off Market Listings: 167 (79, 88, 82)
Net loss/gain in listings this week: -9 (53, 97, 95)
Active single family home listings:  2120 (2104, 2090, 1993)
Active condo listings: 1350 (1371, 1333, 1311)
Homes 4-week running average: $431k ($431k, $430k, $424k)
Condos 4-week running average: $247k ($243k, $245k, $242k)

 
EdmontonRealEstatePrices
Edmonton Real Estate Prices
EdmontonListingsandSales
Edmonton Listings and Sales

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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9 Responses to “Weekly Market Update, April 4 /14”

  1. AlNo Gravatar 04. Apr, 2014 at 11:45 am #

    The graph for condo prices looks a bit off..

    • Sara MacLennanNo Gravatar 04. Apr, 2014 at 3:42 pm #

      Hello, thanks for pointing that out, I’ve corrected the issue and the charts are now correct.

  2. SPENo Gravatar 05. Apr, 2014 at 11:34 am #

    Sounds like a busy start to spring. I have heard some houses are getting multiple offers and everything in my neighbourhood has a sold sign on it. Can any realtors comment on how busy it is?

    • JoJoNo Gravatar 07. Apr, 2014 at 9:14 am #

      Where do you live around that so many people want to leave?

  3. GMNo Gravatar 05. Apr, 2014 at 9:24 pm #

    Gonna be a HOT spring. And I don’t mean the weather!

  4. Inspector GadgetNo Gravatar 06. Apr, 2014 at 9:44 am #

    Definitely not the weather!

  5. PhilNo Gravatar 07. Apr, 2014 at 12:52 pm #

    The market has picked up but it’s still nothing like the 2006/2007 frenzy when any run down shack was selling for top dollar with multiple offers. Location is key and the buyer pool quickly fades approaching 450K.

  6. JasonNo Gravatar 07. Apr, 2014 at 1:09 pm #

    Why is there such a spike in expired listings?

    • Sara MacLennanNo Gravatar 07. Apr, 2014 at 1:14 pm #

      It’s typical for listings to expire at the end of the month, many of them re-list right away so many of the new listings in the stats above are probably just re-listed properties that expired March 31.