Weekly Market Update Aug.27/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 548 (652, 630, 564) # Sales: 335 (343, 344, 317) Ratio: 61% (53%, 55%, 56%) # Price Changes: 432 (367, 446, 446) Expired/Off-Market Listings: 236 (277, 230, 470) Net loss/gain in listings this week: -23 (32, 56, -223) Active single-family home listings: 3390 (3399, 3355, 330) Active condo listings: 2978 (2986, 2938, 2909) Homes 4-week running average: $442 ($448, $451, $452) Condos 4-week running average: $226 ($231, $229, $232)

Posted by Liv Real Estate on August 27th, 2021

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5 Responses to Weekly Market Update Aug.27/21

SFH $30,000 drop in 2 months.

Posted by GM on Thursday, August 26th, 2021 at 9:14pm

No it hasn't. This is seasonality. We're doing one of the hottest markets in the country.

Posted by Tom on Friday, August 27th, 2021 at 9:42pm

Seasonality.
So why wouldn't everyone wait until September to buy and save themselves 10's of thousands of dollars.

Posted by GM on Sunday, August 29th, 2021 at 7:00am

People are too busy in September, with back to school. It'll climb next Spring again.

Posted by Tom on Tuesday, August 31st, 2021 at 7:19am

Home prices are due to climb for the August the 3rd week. I usually get everything right but numbers do have a memory and its the August the 3rd week. This has to be good news for Tom.

Posted by Tony on Friday, September 3rd, 2021 at 6:54am

Weekly Market Update Aug.27/21

5 Responses to Weekly Market Update Aug.27/21

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