Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 644 (639, 575, 667) # Sales: 315 (309, 274, 324) Ratio: 49% (48%, 48%, 49%) # Price Changes: 523 (524, 423, 445) # Expired/Off Market Listings: 207 (360, 146, 183) Net loss/gain in listings this week: 122 (-30, 155, 160) Active single family home listings: 3,393 (3,318, 3,325, 3,231) Active condo listings: 2,963 (2,906, 2,906, 2839) Homes 4-week running average: $440k ($438k, $438k, $437k) Condos 4-week running average: $252k ($253k, $248k, $251k) Have a great weekend!:)

503 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: 639 (575, 667, 705) # Sales: 309 (274, 324, 310) Ratio: 48% (48%, 49%, 44%) # Price Changes: 524 (423, 445, 422) # Expired/Off Market Listings: 360 (146, 183, 153) Net loss/gain in listings this week: -30 (155, 160, 242) Active single family home listings: 3,318 (3,325, 3,231, 3,172) Active condo listings: 2,906 (2,906, 2839, 2,745) Homes 4-week running average: $438k ($438k, $437k, $442k) Condos 4-week running average: $253k ($248k, $251k, $248k) Have a great weekend!

494 Views, 0 Comments

Read Full Post

We've been hearing lots of good forecasts for the Alberta economy lately, but the real estate market remains relatively slow in Edmonton. The real estate market tends to lag behind other economic factors, so I'm not surprised that the market is a little slow, even though the year started off showing lots of positive signs. The REALTORS® Association of Edmonton released their report on the Greater Edmonton Area: “We are in the middle of our busiest season for real estate,” says James Mabey, REALTORS® Association of Edmonton Chair. “More sellers are entering the market and are motivated to move their properties before the summer months, which provides the best selection of properties for buyers who are actively looking and taking advantage of the…

623 Views, 5 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: 575 (667, 705, 691) # Sales: 274 (324, 310, 337) Ratio: 48% (49%, 44%, 49%) # Price Changes: 423 (445, 422, 423) # Expired/Off Market Listings: 146 (183, 153, 336) Net loss/gain in listings this week: 155 (160, 242, 18) Active single family home listings: 3,325 (3,231, 3,172, 3,065) Active condo listings: 2,906 (2839, 2,745, 2,624) Homes 4-week running average: $438k ($437k, $442k, $443k) Condos 4-week running average: $248k ($251k, $248k, $248k) Have a great weekend!

490 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: 667 (705, 691, 632) # Sales: 324 (310, 337, 312) Ratio: 49% (44%, 49%, 49%) # Price Changes: 445 (422, 423, 369) # Expired/Off Market Listings: 183 (153, 336, 159) Net loss/gain in listings this week: 160 (242, 18, 161) Active single family home listings: 3,231 (3,172, 3,065, 3084) Active condo listings: 2839 (2,745, 2,624, 2,592) Homes 4-week running average: $437k ($442k, $443k, $436k) Condos 4-week running average: $251k ($248k, $248k, $256k) Have a great weekend!

557 Views, 15 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: 705 (691, 632, 511) # Sales: 310 (337, 312, 263) Ratio: 44% (49%, 49%, 51%) # Price Changes: 422 (423, 369, 288) # Expired/Off Market Listings: 153 (336, 159, 165) Net loss/gain in listings this week: 242 (18, 161, 83) Active single family home listings: 3,172 (3,065, 3084, 2,992) Active condo listings: 2,745 (2,624, 2,592, 2,520) Homes 4-week running average: $442k ($443k, $436k, $436k) Condos 4-week running average: $248k ($248k, $256k, $251k) We're certainly seeing a "healthy" number of new listings for this time of year, sales are roughly in line with last year. Have a great weekend!

513 Views, 22 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: 691 (632, 511, 650) # Sales: 337 (312, 263, 313) Ratio: 49% (49%, 51%, 48%) # Price Changes: 423 (369, 288, 306) # Expired/Off Market Listings: 336 (159, 165, 147) Net loss/gain in listings this week: 18 (161, 83, 190) Active single family home listings: 3,065 (3084, 2,992, 2,958) Active condo listings: 2,624 (2,592, 2,520, 2,494) Homes 4-week running average: $443k ($436k, $436k, $433k) Condos 4-week running average: $248k ($256k, $251k, $246k) Have a great weekend!

550 Views, 25 Comments

Read Full Post

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…

506 Views, 13 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: 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!

565 Views, 22 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: 511 (650, 628, 503) # Sales: 263 (313, 243, 231) Ratio: 51% (48%, 39%, 46%) # Price Changes: 288 (306, 361, 329) # Expired/Off Market Listings: 165 (147, 297, 132) Net loss/gain in listings this week: 83 (190, 88, 140) Active single family home listings: 2,992 (2,958, 2,848, 2,781) Active condo listings: 2,520 (2,494, 2,411, 2,369) Homes 4-week running average: $436k ($433k, $430k, $440k) Condos 4-week running average: $256k ($251k, $246k, $239k) Interesting news out of Ontario this week, let's just hope none of that makes its way west. Let's Go Oilers!!!!!

569 Views, 18 Comments

Read Full Post