Weekly Market Update, Dec. 29/18
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: 89 (218, 237, 396)
# Sales: 68 (158, 160, 179)
Ratio: 76% (72%, 68%, 45%)
# Price Changes: 71 (178, 236, 267)
# Expired/Off Market Listings: 174 (306, 210, 563)
Net loss/gain in listings this week: -153 (-246, -133, -346)
Active single family home listings: 3293 (3401, 3577, 3682)
Active condo listings: 1983 (2031, 2068, 2070)
Homes 4-week running average: $423k ($424k, $420k, $415k)
Condos 4-week running average: $205k ($205k, $205k, $207k)
Have a great weekend and Happy New Year!!
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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: 218 (237, 396, 318)
# Sales: 158 (160, 179, 195)
Ratio: 72% (68%, 45%, 61%)
# Price Changes: 178 (236, 267, 294)
# Expired/Off Market Listings: 306 (210, 563, 241)
Net loss/gain in listings this week: -246 (-133, -346, -118)
Active single family home listings: 3401 (3577, 3682, 3886)
Active condo listings: 2031 (2068, 2070, 2177)
Homes 4-week running average: $424k ($420k, $415k, $427k)
Condos 4-week running average: $205k ($205k, $207k, $212k)
Sure is different from last year at this time, when everyone was rushing to buy a home before the new mortgage rules kicked it.
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Another month with lower sales and higher inventory than in recent years lead to lower prices in the Greater Edmonton area in November. Here's our snapshot of the market in November:
Benchmark prices are also down year-over-year across all categories: