Weekly Update, July 24/20
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: 533 (564, 546, 588)
# Sales: 356 (347, 353, 400)
Ratio: 67% (62%, 65%, 68%)
# Price Changes: 357 (361, 402, 408)
Expired/Off-Market Listings: 155 (176, 163, 412)
Net loss/gain in listings this week: 22 (41, 30, -224)
Active single-family home listings: 3466 (3457, 3444, 3507)
Active condo listings: 2339 (2328, 2319, 2301)
Homes 4-week running average: $423k ($418k, $420k, $412k)
Condos 4-week running average: $217k ($217k, $215k, $216k)
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: 564 (546, 588, 608)
# Sales: 347 (353, 400, 328)
Ratio: 62% (65%, 68%, 54%)
# Price Changes: 361 (402, 408, 311)
Expired/Off-Market Listings: 176 (163, 412, 203)
Net loss/gain in listings this week: 41 (30, -224, 77)
Active single-family home listings: 3457 (3444, 3507, 3708)
Active condo listings: 2328 (2319, 2301, 2367)
Homes 4-week running average: $418k ($420k, $412k, $413k)
Condos 4-week running average: $217k ($215k, $216k, $209k)
Have a great weekend!
Pent up demand for real estate in Edmonton brought sales back up to normal levels for June. Sales rebounded, surpassing the numbers reported for the past 4 years in Edmonton and pushing us into a seller's market (just barely with 3.8 months supply) for the first time since 2015. Watch our Facebook page for a live market discussion next week.
I'll update this post in a few days when the full monthly stats are released by the REALTORS® Association of Edmonton.