Weekly Market Update, Mar. 29/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 513 (580, 497, 582) # Sales: 230 (226, 181, 168) Ratio: 45% (39%, 36%, 29%) # Price Changes: 387 (315, 299, 309) # Expired/Off Market Listings: 150 (188, 127, 354) Net loss/gain in listings this week: 133 (166, 89, 60) Active single family home listings: 3731 (3650, 3560, 3443) Active condo listings: 2194 (2134, 2073, 1994) Homes 4-week running average: $417k ($427k, $419k, $420k) Condos 4-week running average: $206k ($207k, $214k, $216k)

Have a great weekend! Posted by Liv Real Estate on March 29th, 2019

Watching the price changes on a week by week basis reminds me of a yo-yo I once had when I was 10.

Posted by Rick on Thursday, March 28th, 2019 at 11:38pm

20% off and no offer???? the end is still not here... https://www.cbc.ca/news/canada/edmonton/condo-market-sales-slump-edmonton-1.5077093?fbclid=IwAR1rnvvXrkxqw6JCD3TFlM_gU1Vahw27pnsbGYbNGQRsNJzNi061GjOITTY

Posted by bubu on Friday, March 29th, 2019 at 4:30am

The bottom was put in pricewise for resale condos and resale apartments about 2 weeks ago. When it comes to investing, gambling and money I don't get anything wrong. Everyone will be back here in about 6 months' time stating Tony was exactly right.

Posted by The Real Tony on Monday, April 1st, 2019 at 3:00am

Another Tony predictor now is the real Tony , In six month will be even more condos on market .

Posted by Andrii on Monday, April 1st, 2019 at 3:01am

Tony in six months you'll change you handle name to something else and be calling the bottom again.

Posted by Stu on Tuesday, April 2nd, 2019 at 1:21am

Weekly Market Update, Mar. 29/19

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