Weekly Market Update, April 27/18
Posted by Liv Real Estate onHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 644 (627, 672, 580) # Sales: 278 (294, 248, 173) Ratio: 43% (47%, 37%, 30%) # Price Changes: 455 (349, 386, 333) # Expired/Off Market Listings: 159 (195, 198, 318) Net loss/gain in listings this week: 207 (138, 226, 89) Active single family home listings: 3815 (3702, 3578, 3416) Active condo listings: 2761 (2682, 2638, 2560) Homes 4-week running average: $426k ($440k, $445k, $443k) Condos 4-week running average: $242k ($231k, $235k, $232k) With single-family inventory approaching record levels, it's not surprising to see so many price reductions and the average price on the decline. Have a great weekend!
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