Weekly Market Update May 20/22

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 861 (834, 920, 727)
Sales: 479 (460, 554, 536)
Ratio: 56% (55%, 60%, 74%)
Price Changes: 508 (439, 442, 378)
Expired/Off-Market Listings: 190 (149, 246, 148)
Net loss/gain in listings this week: 192 (225, 120, 43)
Active single-family home listings: 2754 (2559, 2380, 2202)
Active condo listings: 2294 (2213, 2110, 2050)
Homes 4-week running average: $488 ($493, $499, $500)
Condos 4-week running average: $236 ($236, $231, $233)