December Market Update
Posted by Liv Real Estate on
Here's our initial look at the real estate market in Edmonton in December - I will update this post after the REALTORS® Association of Edmonton releases their monthly report on the market. Single-family home sales ended out the year like they normally do in December - 402 homes were reported sold in December, up 7% from last year.
Condo sales were slower than normal, but similar to what we saw last year - 146 condo were reported sold in December (compared to 142 last year).
The average price of single-family homes was $401,816, down 7% from last year and the median price was down 6% to $353,450. The average price of condos was $222,554, down 9% from last year and the median price was down 2% to $198,000.
The average price for single-family homes…
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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: 123 (243, 300, 328)
# Sales: 105 (149, 185, 144)
Ratio: 85% (61%, 62%, 44%)
# Price Changes:Â 71 (153, 208, 231)
Expired/Off-Market Listings: 171 (260, 250, 470)
Net loss/gain in listings this week: -153 (-166, -135, -286)
Active single-family home listings: 3120 (3209, 3309, 3398)
Active condo listings: 1795 (1831, 1865, 1882)
Homes 4-week running average: $412k ($412k, $413k, $416k)
Condos 4-week running average: $226k ($221k, $219k, $228k)
Happy Holidays:)Â
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 243 (300, 328, 308)
# Sales: 149 (185, 144, 205)
Ratio: 61% (62%, 44%, 67%)
# Price Changes:Â 153 (208, 231, 276)
Expired/Off-Market Listings: 260 (250, 70, 188)
Net loss/gain in listings this week: -166 (-135, -286, -85)
Active single-family home listings: 3209 (3309, 3398, 3578)
Active condo listings: 1831 (1865, 1882, 1975)
Homes 4-week running average: $412k ($413k, $416k, $414k)
Condos 4-week running average: $221k ($219k, $228k, $223k)
Have a great weekend!
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 300 (328, 308, 291)
# Sales: 185 (144, 205, 195)
Ratio: 62% (44%, 67%, 67%)
# Price Changes:Â 208 (231, 276, 302)
Expired/Off-Market Listings: 250 (70, 188, 253)
Net loss/gain in listings this week: -135 (-286, -85, -157)
Active single-family home listings: 3309 (3398, 3578, 3610)
Active condo listings: 1865 (1882, 1975, 1999)
Homes 4-week running average: $413k ($416k, $414k, $413k)
Condos 4-week running average: $219k ($228k, $223k, $222k)
Have a great weekend!