Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 415 (288, 140, 201)
Sales: 212 (170, 154, 290)
Ratio: 51% (59%, 110%, 144%)
Price Changes: 185 (114, 55, 117)
Expired/Off-Market Listings: 154 (565, 184, 213)
Net loss/gain in listings this week: 49 (-447, -198, -302)
Active single-family home listings: 1655 (1693, 1917, 2009)
Active condo listings: 1808 (1768, 1962, 2037)
Homes 4-week running average: $457 ($460, $456, $434)
Condos 4-week running average: $205 ($206, $205, $204)

1838 Views, 3 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 288 (140, 201, 246)
Sales: 170 (154, 290, 235)
Ratio: 59% (110%, 144%, 96%)
Price Changes: 114 (55, 117, 146)
Expired/Off-Market Listings: 565 (184, 213, 244)
Net loss/gain in listings this week: -447 (-198, -302, -233)
Active single-family home listings: 1693 (1917, 2009, 2136)
Active condo listings: 1768 (1962, 2037, 2127)
Homes 4-week running average: $460 ($456, $434, $433)
Condos 4-week running average: $206 ($205, $204, $210)


1571 Views, 6 Comments

Read Full Post

It was a busy December for real estate agents in Edmonton with more sales than we normally see during the holiday season. Higher than normal luxury sales brought the average price of single-family homes up, while the average price per square foot declined. Unlike many other markets in Canada, new listings also increased (although not as much as sales) so the upward pressure on prices was not as great in the Edmonton area as it was in Calgary and other markets.  I will post a market forecast after the REALTORS Association of Edmonton Housing Forecast on January 19, it will be interesting to hear what the experts have to say about the economy and housing market. I will update this post with the Greater Edmonton Area stats when the REALTORS® Association of…

2199 Views, 0 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 140 (201, 246, 298)
Sales: 154 (290, 235, 235)
Ratio: 110% (144%, 96%, 79%)
Price Changes: 55 (117, 146, 183)
Expired/Off-Market Listings: 184 (213, 244, 191)
Net loss/gain in listings this week: (-302, -233, -128)
Active single-family home listings: 1917 (2009, 2136, 2255)
Active condo listings: 1962 (2037, 2127, 2201)
Homes 4-week running average: $456 ($434, $433, $437)
Condos 4-week running average: $205 ($204, $210, $213)





1614 Views, 3 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 201 (246, 298, 352)
Sales: 290 (235, 235, 336)
Ratio: 144% (96%, 79%, 95%)
Price Changes: 117 (146, 183, 233)
Expired/Off-Market Listings: 213 (244, 191, 501)
Net loss/gain in listings this week: -302 (-233, -128, -485)
Active single-family home listings: 2009 (2136, 2255, 2347)
Active condo listings: 2037 (2127, 2201, 2201)
Homes 4-week running average: $434 ($433, $437, $444)
Condos 4-week running average: $204 ($210, $213, $221)

1497 Views, 1 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 246 (298, 352, 332)
Sales: 235 (235, 336, 318)
Ratio: 96% (79%, 95%, 96%)
Price Changes: 146 (183, 233, 225)
Expired/Off-Market Listings: 244 (191, 501, 195)
Net loss/gain in listings this week: -233 (-128, -485, -181)
Active single-family home listings: 2136 (2255, 2347, 2626)
Active condo listings: 2127 (2201, 2201, 2355)
Homes 4-week running average: $433 ($437, $444, $447)
Condos 4-week running average: $210 ($213, $221, $215)

1472 Views, 4 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 298 (352, 332, 399)
Sales: 235 (336, 318, 325)
Ratio: 79% (95%, 96%, 81%)
Price Changes: 183 (233, 225, 275)
Expired/Off-Market Listings: 191 (501, 195, 240)
Net loss/gain in listings this week: -128 (-485, -181, -166)
Active single-family home listings: 2255 (2347, 2626, 2745)
Active condo listings: 2201 (2201, 2355, 2385)
Homes 4-week running average: $437 ($444, $447, $450)
Condos 4-week running average: $213 ($221, $215, $217)




1464 Views, 3 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 352 (332, 399, 469)
Sales: 336 (318, 325, 304)
Ratio: 95% (96%, 81%, 65%)
Price Changes: 233 (225, 275, 357)
Expired/Off-Market Listings: 501 (195, 240, 263)
Net loss/gain in listings this week: -485 (-181, -166, -98)
Active single-family home listings: 2347 (2626, 2745, 2814)
Active condo listings: 2201 (2355, 2385, 2427)
Homes 4-week running average: $444 ($447, $450, $447)
Condos 4-week running average: $221 ($215, $217, $220)

Weekly real estate prices, 4 week running average.

1530 Views, 4 Comments

Read Full Post

Warnings of impending interest rate hikes have motivated home shoppers across Canada to move ahead with purchases during what is typically the slowest time of the year for real estate sales. Although new listings were up 15% from last year, they did not keep up with demand creating an unexpectedly hot market in Edmonton in November. The absorption rate has fallen to 3.18 months of supply. At this time of year, we would often tell clients to hold off listing their property until the new year, because demand is typically quite low going into the holiday season. It will be interesting to see if more holiday shoppers put "new home" on their lists this year, or if this surge in demand will cool off until the New Year.


Here is our monthly update on the…

1751 Views, 0 Comments

Read Full Post

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 332 (399, 469, 464) # Sales: 318 (325, 304, 298) Ratio: 96% (81%, 65%, 64%) # Price Changes: 225 (275, 357, 363) Expired/Off-Market Listings: 195 (240, 263, 528) Net loss/gain in listings this week: -181 (-166, -98, -362) Active single-family home listings: 2626 (2745, 2814, 2861) Active condo listings: 2355 (2385, 2427, 2463) Homes 4-week running average: $447 ($450, $447, $439) Condos 4-week running average: $215 ($217, $220, $223)          

1181 Views, 9 Comments

Read Full Post