Weekly Market Update May 11, 2018
Posted by Liv Real Estate onHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 832 (781, 644, 627) # Sales: 275 (296, 278, 294) Ratio: 33% (38%, 43%, 47%) # Price Changes: 536 (399, 455, 349) # Expired/Off Market Listings: 194(399, 159, 195) Net loss/gain in listings this week: 363 (86, 207, 138) Active single family home listings: 4109 (3898, 3815, 3702) Active condo listings: 2888 (2754, 2761, 2682) Homes 4-week running average: $425k ($417k, $426k, $440k) Condos 4-week running average: $243K ($228k, $242k, $231k) According to my records, this week had the second highest number of new listings since at least 2007 (when I started doing the weekly updates). So more of the same is coming, higher…
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