Weekly Market Update, June 23/17
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: 666 (659, 644, 639)
# Sales: 323 (328, 315, 309)
Ratio: 48% (50%, 49%, 48%)
# Price Changes: 485 (489, 523, 524)
# Expired/Off Market Listings: 240 (229, 207, 360)
Net loss/gain in listings this week: 103 (102, 122, -30)
Active single family home listings: 3,532 (3,455, 3,393, 3,318)
Active condo listings: 3055 (3,017, 2,963, 2,906)
Homes 4-week running average: $449k ($450k, $440k, $438k)
Condos 4-week running average: $245k ($253k, $252k, $253k)
So there have been some big changes around here in the past week - we launched a brand new livrealestate.ca web site that allows you to search homes for sale in Edmonton,…
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A backsplash is the panel of material installed behind your sink, stove and along countertops that protects the wall from spills and splashes. Beyond its functional purpose, a backsplash can also add style, finish and even value to your kitchen and home. Here are some benefits of the backsplash:
If you’re thinking of doing some home renovations, you’ve probably thought of upgrading the kitchen tiles, new hardwood floors, or a fabulous landscape—all these big-ticket projects are almost always at the top of the list. A stunning garage door, on the other hand, often gets overlooked by fancier upgrades.
A beautiful garage door, that complements the overall look of your house, can dramatically boost your house’s curb appeal. For most houses, the garage takes up 40% of the façade making it one of the first things passersby notice. But before you consider buying a new garage door, give your existing door a checkup. Maybe it just needs a little bit of TLC without having to replace it.
Here are some common garage door problems and how to repair…
We've been hearing lots of good forecasts for the Alberta economy lately, but the real estate market remains relatively slow in Edmonton. The real estate market tends to lag behind other economic factors, so I'm not surprised that the market is a little slow, even though the year started off showing lots of positive signs. The REALTORS® Association of Edmonton released their report on the Greater Edmonton Area:
“We are in the middle of our busiest season for real estate,” says James Mabey, REALTORS® Association of Edmonton Chair. “More sellers are entering the market and are motivated to move their properties before the summer months, which provides the best selection of properties for buyers who are actively looking and taking advantage of the…
If you're like most Canadian homeowners, you've worried about rising energy costs over the last few years, are concerned about paying high utility bills now, and are wondering how all of these expenses will impact your budget.
Keeping your home comfortable in every season can be challenging especially if you've got drafty windows or insufficient insulation. During the winter months, you may have been tempted to turn up the thermostat to take the chill off but instead put on another sweater to save a few dollars. Don't forget about those dog days of summer that are just around the corner. Are you going to crank up the air conditioning as a reprieve from the heat or open the windows hoping for a natural breeze to give you a few cool hours of comfortable…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 575 (667, 705, 691)
# Sales: 274 (324, 310, 337)
Ratio: 48% (49%, 44%, 49%)
# Price Changes: 423 (445, 422, 423)
# Expired/Off Market Listings: 146 (183, 153, 336)
Net loss/gain in listings this week: 155 (160, 242, 18)
Active single family home listings: 3,325 (3,231, 3,172, 3,065)
Active condo listings: 2,906 (2839, 2,745, 2,624)
Homes 4-week running average: $438k ($437k, $442k, $443k)
Condos 4-week running average: $248k ($251k, $248k, $248k)
Have a great weekend!
Asphalt shingles are by far the most common type of roofing material used, but you will find a variety of roofing materials used on Edmonton homes including metal, wood and tile. If you have a low-pitched or flat roof, you’ll need a special roofing system altogether. Here is some information on different types of roofing, including the pros and cons of each.
Photo Credit: Crest Roofing & Co.