Weekly Update, July 10/20
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: 546 (588, 608, 634)
# Sales: 353 (400, 328, 333)
Ratio: 65% (68%, 54%, 53%)
# Price Changes: 402 (408, 311, 345)
Expired/Off-Market Listings: 163 (412, 203, 208)
Net loss/gain in listings this week: 30 (-224, 77, 93)
Active single-family home listings: 3444 (3507, 3708, 3703)
Active condo listings: 2319 (2301, 2367, 2288)
Homes 4-week running average: $420k ($412k, $413k, $417k)
Condos 4-week running average: $215k ($216k, $209k, $205k)
Have a great weekend!
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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 588 (608, 634, 664)
# Sales: 400 (328, 333, 299)
Ratio: 68% (54%, 53%, 45%)
# Price Changes: 408 (311, 345, 349)
Expired/Off-Market Listings: 412 (203, 208, 211)
Net loss/gain in listings this week: -224 (77, 93, 154)
Active single-family home listings: 3507 (3708, 3703, 3630)
Active condo listings: 2301 (2367, 2288, 2263)
Homes 4-week running average: $412k ($413k, $417k, $406k)
Condos 4-week running average: $216k ($209k, $205k, $203k)
Have a great weekend!
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 608 (634, 664, 688)
# Sales: 328 (333, 299, 243)
Ratio: 54% (53%, 45%, 35%)
# Price Changes: 311 (345, 349, 326)
Expired/Off-Market Listings: 203 (208, 211, 403)
Net loss/gain in listings this week: 77 (93, 154, 42)
Active single-family home listings: 3708 (3703, 3630, 3549)
Active condo listings: 2367 (2288, 2263, 2204)
Homes 4-week running average: $413k ($417k, $406k, $411k)
Condos 4-week running average: $209k ($205k, $203k, $195k)
Have a great weekend!
The Edmonton real estate market rebounded in May after COVID-19 took a serious bite out of the April market, but it's still considerably slower than we normally see at this time of year. There are plenty of buyers out looking (our website traffic is up over 40% from last May, with over 4.6million pageviews), but there were slim pickings at the beginning of May when most of the homes on the market were stale listings that had not adjusted to the new market reality; new listings started coming on the market in the last two weeks for the month, giving buyers more to choose from.
Sales are down, significantly, but the inventory is also down which has moved us from a sever buyer's market last month, to a mild buyer's market in May.
Different segments of the…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 497 (536, 378, 304)
# Sales: 174 (141, 157, 107)
Ratio: 35% (26%, 42%, 35%)
# Price Changes: 249 (242, 230, 190)
Expired/Off-Market Listings: 216 (419, 386, 146)
Net loss/gain in listings this week: 107 (-24, -165, 51)
Active single-family home listings: 3432 (3363 ,3249, 3327)
Active condo listings: 2075 (2032, 1975, 2047)
Homes 4-week running average: $407k ($407k, $407k, $404k)
Condos 4-week running average: $202k ($220k, $216k, $223k)
It's nice to see sales picking up, although they are still well below normal. There are a lot of people looking right now - traffic to our website is hitting all-time highs, and our…