Weekly Market Update, May 18/18

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 765 (832, 781, 644) # Sales: 346 (275, 296, 278) Ratio: 45% (33%, 38%, 43%) # Price Changes: 569 (536, 399, 455) # Expired/Off Market Listings: 237 (194, 399, 159) Net loss/gain in listings this week: 182 (363, 86, 207) Active single family home listings: 4256 (4109, 3898, 3815) Active condo listings: 2932 (2888, 2754, 2761) Homes 4-week running average: $436k ($425k, $417k, $426k) Condos 4-week running average: $247k ($243K, $228k, $242k) Single family inventory continues to climb... there's certainly lots to choose from!

Have a great weekend! Posted by Liv Real Estate on May 18th, 2018

Some buying must be coming in from out of the province due to the rising price of oil.

Posted by Tony on Thursday, May 17th, 2018 at 8:58pm

Everyone on here thought the sky was falling and I just blamed it on the weather. Look at the bump in price in SFD. rents have increased. Rents have also increased double digit percentages in major centres. Maybe less so here but still vacancy is headed down and with that I don’t believe prices should fall that much more.

Posted by Curtis on Friday, May 18th, 2018 at 1:16am

Improving economy + rising inventory = people start looking for better homes to live in, absolutely good sign.

Posted by SC on Sunday, May 20th, 2018 at 9:12pm

Curtis, don't cry tomorrow :)

Posted by bubu on Thursday, May 24th, 2018 at 1:26am

Weekly Market Update, May 18/18

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