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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: 140 (201, 246, 298)
Sales: 154 (290, 235, 235)
Ratio: 110% (144%, 96%, 79%)
Price Changes: 55 (117, 146, 183)
Expired/Off-Market Listings: 184 (213, 244, 191)
Net loss/gain in listings this week: (-302, -233, -128)
Active single-family home listings: 1917 (2009, 2136, 2255)
Active condo listings: 1962 (2037, 2127, 2201)
Homes 4-week running average: $456 ($434, $433, $437)
Condos 4-week running average: $205 ($204, $210, $213)
Posted by Sara MacLennan on
Nice move up in SFD prices. There's so little inventory out there, so I think there's a real chance we get above $500K average in 2022. We'd still be behind Calgary, but we'd be catching up.
Posted by Tom Smith on Friday, December 31st, 2021 at 2:29pmThat's quite a jump in house prices. Are you sure it's correct?
Posted by GM on Friday, December 31st, 2021 at 10:15pmThat is quite a jump! With the lower number of sales than we'd typically see in a 30 day period, and a lot of high-end sales in the last week of the year, the average did jump that much. The median took a pretty good jump as well... I'll post the monthly report this afternoon for a closer look at things.
Posted by Liv Real Estate on Sunday, January 2nd, 2022 at 11:43amLeave A Comment