Weekly Update May 21/21
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: 741 (773, 828, 785)
# Sales: 462 (478, 439, 484)
Ratio: 62% (62%, 53%, 62%)
# Price Changes: 458 (383, 416, 415)
Expired/Off-Market Listings: 179 (171, 288, 162)
Net loss/gain in listings this week: 100 (124, 101, 139)
Active single-family home listings: 2897 (2844, 2758, 2706)
Active condo listings: 2942 (2905, 2834, 2791)
Homes 4-week running average: $457 ($456, $459, $454)
Condos 4-week running average: $232 ($233, $233, $225)
I think it's safe to say that the market peaked a few weeks ago and has started to level out over the past two weeks.
“Failure will never overtake me if my determination to…
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With the weather finally warming up, and the days getting longer, it’s time to move the party outside. But is your outdoor living space ready? Here are 4 quick and easy ways to refresh your outdoor living space - and you won’t have to break the bank to do it.
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 773 (828, 785, 750)
# Sales: 478 (439, 484, 476)
Ratio: 62% (53%, 62%, 63%)
# Price Changes: 383 (416, 415, 368)
Expired/Off-Market Listings: 171 (288, 162, 167)
Net loss/gain in listings this week: 124 (101, 139, 107)
Active single-family home listings: 2844 (2758, 2706, 2608)
Active condo listings: 2905 (2834, 2791, 2731)
Homes 4-week running average: $456 ($459, $454, $458k)
Condos 4-week running average: $233 ($233, $225, $222k)
"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma – which is living with the results of other people's thinking." -Steve Jobs
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 828 (785, 750, 751)
# Sales: 439 (484, 476, 468, 383)
Ratio: 53% (62%, 63%, 62%)
# Price Changes: 416 (415, 368, 341)
Expired/Off-Market Listings: 288 (162, 167, 161)
Net loss/gain in listings this week: 101 (139, 107, 122)
Active single-family home listings: 2758 (2706, 2608, 2517)
Active condo listings: 2834 (2791, 2731, 2660)
Homes 4-week running average: $459 ($454, $458k, $463k)
Condos 4-week running average: $233 ($225, $222k, $231k)
It's likely we've seen sales peak for this year, but I could be wrong. The number of people searching online for real estate related terms plateaued in late March and started to decline…
Welcome to the final segment of our 3-part spring cleaning series. So far we have covered decluttering and deep cleaning your home - linked if you missed them and want to check them out. In this post, we are going to cover everything you need to do to get the exterior of your home ready for Spring.
April saw the most sales in any month since at least 2008 (that's as far back as my spreadsheet goes). There were 2,868 residential sales in the Greater Edmonton Area in April, up 104% over the 5-year average (last April was an anomaly due to COVID so it's more reasonable to compare to the 5-year average). To put things in perspective, in June 2007 when the market was as hot as we'd ever seen, there were 2203 sales. Most affordable listings are pending within a day or two of hitting the market, often with a backup offer in place. The good news for buyers is that most are still able to get offers accepted with conditions whereas most homes sold without conditions back in '07.
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 785 (750, 751, 689)
# Sales: 484 (476, 468, 383, 450)
Ratio: 62% (63%, 62%, 56%)
# Price Changes: 415 (368, 341, 300)
Expired/Off-Market Listings: 162 (167, 161, 136)
Net loss/gain in listings this week: 139 (107, 122, 170)
Active single-family home listings: 2706 (2608, 2517, 2485)
Active condo listings: 2791 (2731, 2660, 2555)
Homes 4-week running average: $454 ($458k, $463k, $454k)
Condos 4-week running average: $225 ($222k, $231k, $232k)
“It always seems impossible until it is done.” - Nelson Mandela
With winter’s last big hurrah finally behind us (cross fingers, knock on wood, say the rosary), homeowners in Edmonton can finally start dreaming about summertime, and planning all the ways they’re going to soak up the few months of warmth we’re about to have.
But wait… we’re still in the middle of a global pandemic. Well, that really narrows down the options a bit.
I guess it’s safe to say that, for people like myself, our backyards are finally going to receive a little attention. I’d love to sit back there with a cold drink on a hot day without that dead rosebush staring at me from the other end of the yard. And not just that.
I want a garden.
But not just your run-of-the-mill decorative flower garden with a few herbs (not that there’s anything…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 750 (751, 689, 739)
# Sales: 476 (468, 383, 450, 397)
Ratio: 63% (62%, 56%, 61%)
# Price Changes: 368 (341, 300, 287)
Expired/Off-Market Listings: 167 (161, 136, 276)
Net loss/gain in listings this week: 107 (122, 170, 13)
Active single-family home listings: 2608 (2517, 2485, 2442)
Active condo listings: 2731 (2660, 2555, 2478)
Homes 4-week running average: $458 ($463k, $454k, $451k)
Condos 4-week running average: $222 ($231k, $232k, $223k)
“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill