Weekly Update May 21/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 741 (773, 828, 785) # Sales: 462 (478, 439, 484) Ratio: 62% (62%, 53%, 62%) # Price Changes: 458 (383, 416, 415) Expired/Off-Market Listings: 179 (171, 288, 162) Net loss/gain in listings this week: 100 (124, 101, 139) Active single-family home listings: 2897 (2844, 2758, 2706) Active condo listings: 2942 (2905, 2834, 2791) Homes 4-week running average: $457 ($456, $459, $454) Condos 4-week running average: $232 ($233, $233, $225) I think it's safe to say that the market peaked a few weeks ago and has started to level out over the past two weeks.

“Failure will never overtake me if my determination to succeed is strong enough.” – Og Mandino Posted by Liv Real Estate on May 21st, 2021

4 Responses to Weekly Update May 21/21

Nice to see such a HUGE jump in Edmonton SFD over last year.

Posted by Tom on Thursday, May 20th, 2021 at 11:18pm

Gotta get those SFH prices to $500,000!!!

Posted by Gm on Thursday, May 20th, 2021 at 11:27pm

Once we start booming post-Covid, I can't see us not soaring above $500,000

Posted by Tom on Friday, May 21st, 2021 at 8:57pm

[…] I already mentioned in our weekly stats, I believe the market peaked early this year in terms of listings and sales as many buyers moved […]

Posted by Real Estate Prices Reach New High in Greater Edmonton Area - UPDATED - The Edmonton Real Estate Blog on Wednesday, June 2nd, 2021 at 7:48am

Weekly Update May 21/21

4 Responses to Weekly Update May 21/21

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