Weekly Market Update, Feb. 17/17
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: 424 (475, 440, 431)
# Sales: 235 (200, 198, 159)
Ratio: 55% (42%, 45%, 37%)
# Price Changes: 248 (198, 240, 260)
# Expired/Off Market Listings: 140 (136, 322, 136)
Net loss/gain in listings this week: 49 (139, -80, 136)
Active single family home listings: 2,400 (2,371, 2,293, 2,325)
Active condo listings: 2,017 (1,981, 1,909, 1,952)
Homes 4-week running average: $420k ($424k, $421k, $426k)
Condos 4-week running average: $245k ($246k, $249k, $232k)
The blog is now moved to our new host, everything went well except we lost two comments. So sorry if yours was the one lost!
Have a great weekend!
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I'm going to change things up a bit...Normally I post a preliminary report on the Edmonton market on the first of each month, and a second report on the greater Edmonton area when the REALTORS® Association of Edmonton releases their stats. From now on I'm just going to publish one report on the 1st of the month, and add the greater Edmonton area stats as an update, when they're released. Hopefully you agree this is a good idea :)
Our preliminary monthly report on the Edmonton real estate market for December shows that we ended 2016 in much the same way we normally do. Sales of single-family homes were right in the normal range for December; 392 homes were reported sold in December, up 3.4% from last year.
Condos sales were down slightly from last December; 181 condos were reported sold compared to 184 last year.
The average price of single-family homes was down 2.5% from last December to $416,234 while the median price was basically unchanged at $379,900 (it was $380k last year). The average sale price of condos was up 0.9% to $250,358 and the median sale price was down 2.5% to $230,000.
The average price per square foot for single-family homes was down $1 to $273 and…
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 74 (190, 213, 278)
# Sales: 95 (180, 161, 137)
Ratio: 128% (95%, 76%, 49%)
# Price Changes: -152 (122, 127, 206)
# Expired/Off Market Listings: 131 (262, 238, 218)
Net loss/gain in listings this week: -152 (-252, -186, -77)
Active single family home listings: 2,364 (2,434, 2,544, 2,641)
Active condo listings: 1,940 (1,997, 2,070, 2,145)
Homes 4-week running average: $418k ($431k, $432k, $427k)
Condos 4-week running average: $249k ($243k, $235k, $236k)
Wow, time flies! Last weekly update of the year.... Next year is going to be interesting! I'll be attending the Annual Housing Forecast on Wednesday and will have lots of…