Weekly Market Update, Nov. 24/17
Posted by Liv Real Estate on
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 343 (311, 408, 407)
# Sales: 224 (214, 227, 215)
Ratio: 65% (69%, 56%, 53%)
# Price Changes: 293 (275, 344, 376)
# Expired/Off Market Listings: 216 (237, 217, 581)
Net loss/gain in listings this week: -97 (-140, -36, -389)
Active single family home listings: 3225 (3271, 3335, 3345)
Active condo listings: 2417 (2440, 2488, 2488)
Homes 4-week running average: $431k ($435k, $427k, $425k)
Condos 4-week running average: $231k ($236k, $235k, $239k)
I found an interesting report this week, called the "Annual Growth Monitoring Report" which states that "at a current population of 932,546, the City of Edmonton is the fastest…
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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 408 (407, 418, 442)
# Sales: 227 (215, 250, 254)
Ratio: 56% (53%, 60%, 57%)
# Price Changes: 344 (376, 381, 429)
# Expired/Off Market Listings: 217 (581, 231, 256)
Net loss/gain in listings this week: -36 (-389, -63, -68)
Active single family home listings: 3335 (3345, 3537, 3562)
Active condo listings: 2488 (2488, 2654, 2662)
Homes 4-week running average: $427k ($425k, $426k, $424k)
Condos 4-week running average: $235k ($239k, $245k, $249k)
I've included the inventory charts again this week, as the trend for inventory is headed more towards normal, but is still higher than previous years, so it's still a…
Today the REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market in October saying:
“We continue to see stability in the all-residential average and median prices, and this stability has been primarily due to strong sales of single family homes, which are a staple of our marketplace,” explains James Mabey, Chair of the REALTORS® Association of Edmonton.
Here is our snapshot on the market in October: