Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 609 (666, 659, 644) # Sales: 335 (323, 328, 315) Ratio: 55% (48%, 50%, 49%) # Price Changes: 443 (485, 489, 523) # Expired/Off Market Listings: 186 (240, 229, 207) Net loss/gain in listings this week: 88 (103, 102, 122) Active single family home listings: 3,586 (3,532, 3,455, 3,393) Active condo listings: 3,093 (3055, 3,017, 2,963) Homes 4-week running average: $455k ($449k, $450k, $440k) Condos 4-week running average: $257k ($245k, $253k, $252k) Would you look at that! Average single family home price at $454,785 while inventory extremely high. Monthly stats tomorrow! As requested, condo inventory: Happy Canada Day!!!!

350 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: 666 (659, 644, 639) # Sales: 323 (328, 315, 309) Ratio: 48% (50%, 49%, 48%) # Price Changes: 485 (489, 523, 524) # Expired/Off Market Listings: 240 (229, 207, 360) Net loss/gain in listings this week: 103 (102, 122, -30) Active single family home listings: 3,532 (3,455, 3,393, 3,318) Active condo listings: 3055 (3,017, 2,963, 2,906) Homes 4-week running average: $449k ($450k, $440k, $438k) Condos 4-week running average: $245k ($253k, $252k, $253k) So there have been some big changes around here in the past week - we launched a brand new livrealestate.ca web site that allows you to search homes for sale in Edmonton,…

347 Views, 14 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: 659 (644, 639, 575) # Sales: 328 (315, 309, 274) Ratio: 50% (49%, 48%, 48%) # Price Changes: 489 (523, 524, 423) # Expired/Off Market Listings: 229 (207, 360, 146) Net loss/gain in listings this week: 102 (122, -30, 155) Active single family home listings: 3,455 (3,393, 3,318, 3,325) Active condo listings: 3,017 (2,963, 2,906, 2,906) Homes 4-week running average: $450k ($440k, $438k, $438k) Condos 4-week running average: $253k ($252k, $253k, $248k) Single family home inventory in Edmonton is higher than last year, for the first time this year. There is also "excess supply" of new homes on the market from builders - over…

401 Views, 24 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: 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!:)

330 Views, 0 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: 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!

344 Views, 0 Comments

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…

400 Views, 5 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: 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!

345 Views, 3 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: 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!

369 Views, 15 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: 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!

340 Views, 22 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: 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!

390 Views, 25 Comments