Real Estate Market Slows Considerably in Edmonton in April - Updated
Posted by Liv Real Estate on
The REALTORS® Association of Edmonton has released their monthly report on the real estate market saying:
“Average monthly prices across all categories have increased,” says James Mabey, REALTORS® Association of Edmonton Chair. “Despite slightly slower April sales, the spring buying season is off to a solid start.”
I had a different interpretation of the numbers when I first published the numbers on Monday: "Whatever improvements we were seeing in the market for the past few months seem to have come to a screeching halt in April. After a few months of year over year increases in sales, sales of both condos and single family homes dropped in April." I'll let you decide which opinion you think is more realistic. Here's our snapshot on the real estate…625 Views, 13 Comments
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 632 (511, 650, 628)
# Sales: 312 (263, 313, 243)
Ratio: 49% (51%, 48%, 39%)
# Price Changes: 369 (288, 306, 361)
# Expired/Off Market Listings: 159 (165, 147, 297)
Net loss/gain in listings this week: 161 (83, 190, 88)
Active single family home listings: 3084 (2,992, 2,958, 2,848)
Active condo listings: 2,592 (2,520, 2,494, 2,411)
Homes 4-week running average: $436k ($436k, $433k, $430k, $440k)
Condos 4-week running average: $256k ($251k, $246k, $239k)
Monthly report coming on Monday!
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: 535 (570, 577, 516)
# Sales: 264 (255, 227, 224)
Ratio: 49% (45%, 39%, 43%)
# Price Changes: 262 (258, 275, 219)
# Expired/Off Market Listings: 142 (163, 322, 124)
Net loss/gain in listings this week: 129 (152, 28, 168)
Active single family home listings: 2,670 (2,582, 2,510, 2,479)
Active condo listings: 2,217 (2,188, 2,113, 2,100)
Homes 4-week running average: $437k ($436k, $425k, $418k)
Condos 4-week running average: $234k ($238k, $231k, $240k)
Two condos have sold for over $1million this month, which is not a common occurence in Edmonton, at the same time, 11 have sold for under $100k including a few under…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 570 (577, 516, 424)
# Sales: 255 (227, 224, 235)
Ratio: 45% (39%, 43%, 55%)
# Price Changes: 258 (275, 219, 248)
# Expired/Off Market Listings: 163 (322, 124, 140)
Net loss/gain in listings this week: 152 (28, 168, 49)
Active single family home listings: 2,582 (2,510, 2,479, 2,400)
Active condo listings: 2,188 (2,113, 2,100, 2,017)
Homes 4-week running average: $436k ($425k, $418k, $420k)
Condos 4-week running average: $238k ($231k, $240k, $245k)
Have a great weekend!