Weekly Market Update, April 26/19
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: 543 (641, 616, 693)
# Sales: 225 (309, 257, 238)
Ratio: 41% (48%, 42%, 34%)
# Price Changes: 366 (363, 356, 382)
Expired/Off Market Listings: 157 (184, 165, 403)
Net loss/gain in listings this week: 161 (148, 194, 52, 133)
Active single family home listings: 4106 (3996, 3882, 3767)
Active condo listings: 2365 (2310, 2274, 2213)
Homes 4-week running average: $418k ($413k, $419k, $421k)
Condos 4-week running average: $ 222k ($221k, $215k, $212k)
Have a great weekend!
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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: 641 (616, 693, 513)
# Sales: 309 (257, 238, 230)
Ratio: 48% (42%, 34%, 45%)
# Price Changes: 363 (356, 382, 387)
Expired/Off Market Listings: 184 (165, 403, 150)
Net loss/gain in listings this week: 148 (194, 52, 133, 166)
Active single family home listings: 3996 (3882, 3767, 3731)
Active condo listings: 2310 (2274, 2213, 2194)
Homes 4-week running average: $413k ($419k, $421k, $417k)
Condos 4-week running average: $221k ($215k, $212k, $206k)
Have a great weekend!
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The most expensive part of your kitchen renovation will be the kitchen cabinets. Not only will the cabinets eat up a large portion of the total renovation budget, they also play the biggest role in how your kitchen looks and functions. If you want to renovate the kitchen to sell your home, or to just enjoy it yourself, there is an alternative to an expensive cabinet replacement.
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 693 (513, 580, 497)
# Sales: 238 (230, 226, 181)
Ratio: 34% (45%, 39%, 36%)
# Price Changes: 382 (387, 315, 299)
Expired/Off Market Listings: 403 (150, 188, 127)
Net loss/gain in listings this week: 52 (133, 166, 89)
Active single family home listings: 3767 (3731, 3650, 3560)
Active condo listings: 2213 (2194, 2134, 2073)
Homes 4-week running average: $421k ($417k, $427k, $419k)
Condos 4-week running average: $212k ($206k, $207k, $214k)
Have a great weekend!
The trend of high supply and low demand continued in the Edmonton area in March and brought lower prices for all types of real estate. The benchmark price for single-family homes was down 4.25% from last year, and 2.83% from five years ago, while apartment style condos were down 5.86% and 11.07% and townhouses were down 6.14% and 9.18% respectively. The pace of new listings was lower than last year for the second month in a row, which might could lead to lower inventory in the months to come, we'll see. Here's our market infographic for March, followed by every imaginable real estate chart.