Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 433 (522, 475, 461)
Sales: 251 (257, 240, 233)
Ratio: 58% (49%, 51%. 51%)
Price Changes: 228 (223, 243, 219)
Expired/Off-Market Listings: 161 (160, 158, 336)
Net loss/gain in listings this week: 21 (105, 77, -108)
Active single-family home listings: 2462 (2464, 2373, 2321)
Active condo listings: 1483 (1480, 1449, 1426)
Homes 4-week running average: $441 ($447, $444, $442)
Condos 4-week running average: $204 ($202, $201, $203)
Thanks Sara! I'm very curious about how much prices climb this Spring. I'm not expecting a new all time high, but we're due to soar in price as we do every Spring.
Posted by Tom on Friday, February 24th, 2023 at 3:52pmIt will be interesting to watch, mortgage rates should keep things in check, but our agents are reporting lots of multiple offers happening right now.
Posted by Liv Real Estate on Friday, February 24th, 2023 at 6:14pmThanks Sara! Sounds like another hot Spring shaping up!
Posted by Tom on Saturday, February 25th, 2023 at 4:50amLeave A Comment