Weekly Market Report, Jan. 13/17

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 390 (256, 74, 190) # Sales: 124 (97, 95, 180) Ratio: 32% (38%, 128%, 95%) # Price Changes: 205 (142, 63, 122) # Expired/Off Market Listings: 179 (581, 131, 262) Net loss/gain in listings this week: 87 (-422, -152, -252) Active single family home listings: 2,188 (2,149, 2,364, 2,434) Active condo listings: 1,819 (1,751, 1,940, 1,997) Homes 4-week running average: $420k ($424k, $418k, $431k) Condos 4-week running average: $248k ($247k, $249k, $243k)

Have a great weekend! Posted by Liv Real Estate on January 13th, 2017

Country Club Estates is going down for the 10 bells. Edmonton is one of the few places on Earth where location means nothing (unless everyone stopped going to West Edmonton mall) when it comes to real estate. I sold 2 three bedroom lower units there in the fall of 2013.
New listing at $132,990 that would have listed 50 thousand dollars higher just 28 months ago.

http://www.edmontonhomesweb.com/patricia-heights/100000-200000/

Posted by Tony on Tuesday, January 17th, 2017 at 8:32pm

I would say that properties near the university are more valuable.

Posted by GM on Wednesday, January 18th, 2017 at 9:34pm

Weekly Market Report, Jan. 13/17

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