Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 467 (529, 450, 433) # Sales: 283 (288, 249, 188) Ratio: 61% (54%, 55%, 43%) # Price Changes: 170 (205, 175, 190) Expired/Off-Market Listings: 124 (297, 145, 176) Net loss/gain in listings this week: 60 (-56, 56, 69) Active single-family home listings: 2111 (2120, 2148, 2125) Active condo listings: 1967 (1928, 1940, 1887, 1838) Homes 4-week running average: $420 ($430, $422, $432) Condos 4-week running average: $220 ($215, $210, $195) I was wondering if the cold weather might cool things off a bit... after three weeks of increasing sales we had a slight dip this week. We're still well ahead of the past few years though. Interesting times for sure!   "Success is not final, failure is not fatal: it is the courage to continue that counts." - Sir Winston Churchill Posted by Liv Real Estate on
Email Send a link to post via Email

With oil recovering, and low interest rates here to stay, hopefully the hot Edmonton market gets even hotter and we see a HUGE spring market.

Posted by Tom on Thursday, February 11th, 2021 at 7:18pm

Listings down, sales steady... and prices down??? Huh?

Posted by GM on Thursday, February 11th, 2021 at 10:04pm

One week means nothing. That the problem with "average"

Posted by Karl hungus on Friday, February 12th, 2021 at 12:31am

Especially a week that was -40

Posted by Karl hungus on Friday, February 12th, 2021 at 12:31am

I see... Yeah, -40 may have something to do with it.

Posted by GM on Friday, February 12th, 2021 at 1:47am

Year over year sales are up, prices too, and listings aren't high enough to put pressure on the prices.

Posted by TheNewGuy on Tuesday, February 16th, 2021 at 3:12am

Leave A Comment

Please note that your email address is kept private upon posting.