Edmonton real estate market update
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
- New listings: 486 (462, 435, 456)
- Sales: 217 (222, 191, 198)
- Ratio: 45% (48%, 44%, 43%)
- Price changes: 354 (344, 324, 341)
- Expired/Off Market Listings: 250 (227, 494, 174)
- Net loss/gain in listings this week: 19 (13, -250, 84)
- Active listings for single family homes: 3360 (3319, 3287, 3454)
- Active listings for condos: 2182 (2176, 2182, 2253)
The REALTORS® Association of Edmonton is reporting 818 sales so far this month, which should put us somewhere around 1300 for the month. The average residential sale price sits at $328k (down from last week and last month), single family homes at $372k (down from last week and about the same as last month) and condos at $230k (down from last month).
