Weekly Market Update May5/23

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

New Listings: 633 (580, 696, 590)
Sales: 434 (396, 427, 317)
Ratio: 69% (68%, 61%, 54%)
Price Changes: 373 (345, 319, 297)
Expired/Off-Market Listings: 308 (155, 181, 190)
Net loss/gain in listings this week: -109 (29, 88, 83)
Active single-family home listings: 2791 (2859, 2820, 2736)
Active condo listings: 1747 (1744, 1721, 1666)
Homes 4-week running average: $472 ($477, $474, $471)
Condos 4-week running average: $220 ($212, $208, $203)