Weekly Market Update, Feb. 2/18
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: 461 (459, 474, 458)
# Sales: 177 (174, 179, 133)
Ratio: 38% (38%, 38%, 29%)
# Price Changes: 215 (212, 257, 196)
# Expired/Off Market Listings: 393 (163, 187, 225)
Net loss/gain in listings this week: -109 (122, 108, 100)
Active single family home listings: 2571 (2632, 2562, 2491)
Active condo listings: 2003 (2042, 1987, 1946)
Homes 4-week running average: $443k ($429k, $426k, $406k)
Condos 4-week running average: $222k ($226k, $222k, $227k)
Have a great weekend!
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These charts really tell the story about what is happening with the Edmonton real estate market. Sales are up 14% over last year, while inventory is up 7% over last year to the highest level we've seen in January in 10 years. A lot of buyers seem to have moved their purchase forward due to rising mortgage rates.
The average price is up 0.64% over last year and the median price is down 2.9%:
Our preliminary stats on the Edmonton real estate market in January showed:
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 474 (458, 243, 89)
# Sales: 179 (133, 107, 108)
Ratio: 38% (29%, 44%, 121%)
# Price Changes: 257 (196, 134, 77)
# Expired/Off Market Listings: 187 (225, 661, 146)
Net loss/gain in listings this week: 108 (100, -525, -165)
Active single family home listings: 2562 (2491, 2406, 2682)
Active condo listings: 1987 (1946, 1891, 2120)
Homes 4-week running average: $426k ($406k, $419k, $419k)
Condos 4-week running average: $222k ($227k, $238k, $239k)
Well, I have no technological excuse for my late post this week, I simply forgot. Which is a first. I apologize for the delay getting the weekly stats up. It has certainly been an…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 458 (243, 89, 233)
# Sales: 133 (107, 108, 206)
Ratio: 29% (44%, 121%, 88%)
# Price Changes: 196 (134, 77, 123)
# Expired/Off Market Listings: 225 (661, 146, 275)
Net loss/gain in listings this week: 100 (-525, -165, -248)
Active single family home listings: 2491 (2406, 2682, 2773)
Active condo listings: 1946 (1891, 2120, 2166)
Homes 4-week running average: $406k ($419k, $419k, $429k)
Condos 4-week running average: $206k ($238k, $239k, $239k)
Have a great weekend!
The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton real estate market today:
“2017 was a steady year for real estate in Edmonton and many of the surrounding municipalities, where sales and prices were quite stable for the majority of the year,” said Darcy Torhjelm, REALTORS® Association of Edmonton Chair. “For most of the year we continued to see home buyers take advantage of low mortgage rates and a slightly increased inventory, while sellers enjoyed solid prices for their properties.”
“Now that the holiday season is over and a new year is here, we expect listings and sales to begin to ramp up again,” said Torhjelm. “We encourage both potential buyers and sellers to talk to their local REALTOR® about their…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 233 (292, 345, 300)
# Sales: 206 (194, 212, 233)
Ratio: 88% (66%, 61%, 78%)
# Price Changes: 123 (173, 278, 269)
# Expired/Off Market Listings: 275 (186, 491, 463)
Net loss/gain in listings this week: -248 (-88, -358, -396)
Active single family home listings: 2773 (2928, 2964, 3010)
Active condo listings: 2166 (2222, 2249, 2271)
Homes 4-week running average: $429k ($433k, $436k, $445k)
Condos 4-week running average: $239k ($238k, $235k, $234k)
It's been a very busy December for real estate agents in Edmonton....we're used to taking it pretty easy this time of year but not this year! Clearly, many people are moving their…