Weekly Market Update, March 24/17
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: 565 (535, 570, 577)
# Sales: 276 (264, 255, 227)
Ratio: 49% (49%, 45%, 39%)
# Price Changes: 326 (262, 258, 275)
# Expired/Off Market Listings: 126 (142, 163, 322)
Net loss/gain in listings this week: 163 (129, 152, 28)
Active single family home listings: 2,736 (2,670, 2,582, 2,510)
Active condo listings: 2,305 (2,217, 2,188, 2,113)
Homes 4-week running average: $438k ($437k, $436k, $425k)
Condos 4-week running average: $235k ($234k, $238k, $231k)
Have a great weekend!
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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!
Things are looking a lot better than last year in a few real estate categories in Edmonton this month, with supply coming down, and demand coming up. Sales were up over last year, and sales tend to be a leading indicator for prices - when sales go down, prices inevitably follow and when sales go up, prices tend to rise as well, in time. The REALTORS® Association of Edmonton released their report on the Greater Edmonton area market today, saying: