Weekly Market Update Feb.18/22
Posted by Sara MacLennan 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: 562 (490, 480, 371)
Sales: 509 (377, 366, 280)
Ratio: 91% (77%, 76%, 75%)
Price Changes: 243 (219, 190, 210)
Expired/Off-Market Listings: 125 (140, 265, 162)
Net loss/gain in listings this week: -72 (-27, -151, -71)
Active single-family home listings: 1319 (1293, 1401, 1488)
Active condo listings: 1860 (1807, 1769, 1791)
Homes 4-week running average: $467 ($459, $447, $442)
Condos 4-week running average: $222 ($225, $220, $223)
Wow! The market is busy!! Sales this week are at about the same level as the peak of the market last year. We have definitely seen an increase in out-of-province inquiries, from investors and people…
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