Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 450 (476, 450, 235) # Sales: 138 (143, 120, 113) Ratio: 31% (30%, 27%, 48%) # Price Changes: 208 (286, 248, 167) # Expired/Off Market Listings: 174 (241, 245, 720) Net loss/gain in listings this week: 138 (92, 85, -598) Active single family home listings: 3198 (3073, 2999, 2958) Active condo listings: 1892 (1858, 1809, 1762) Homes 4-week running average: $401k ($403k, $414k, $431k) Condos 4-week running average: $215k ($213k, $216k, $214k) Have a great weekend!   Posted by Liv Real Estate on
Email Send a link to post via Email

Seeing a lot of houses we passed on last summer/fall being relisted at $25K - $30K less in the last week.

Posted by Greg on Thursday, January 24th, 2019 at 7:25pm

Thanks, Sara !!

Posted by Mike on Thursday, January 24th, 2019 at 8:02pm

Single family houses down $30,000 in less than a month.

The election can't come soon enough.

Posted by GM on Thursday, January 24th, 2019 at 10:38pm

How do you spell timmbberrr

Posted by arfmoocat on Thursday, January 24th, 2019 at 11:48pm

Everything is back to normal, inventory is starting to spike again especially for single detached homes.

Posted by Tony on Friday, January 25th, 2019 at 5:57am

Would current price averages have, in part, to do with what homes are selling? Mortgage rules and economy have limited on what people can buy. Homes that at one time were first time home buyer homes were leapfrogged for those homes at a higher price point. Now they must look at those homes priced in the lower tier, and it helps in part to bring down the average. That and higher priced homes needing to drop in price to meet the potential buyers new reality. Is this off base?

Posted by Mark on Sunday, January 27th, 2019 at 2:25am

@Mark, you're not off base at all, more homes selling at lower price points will bring the average down.

Posted by Sara on Sunday, January 27th, 2019 at 5:53am

Leave A Comment

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