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: 190 (239, 202, 239)
# Sales: 146 (164, 173, 170)
Ratio: 77% (69%, 86%, 74%)
# Price changes: 64 (114, 149, 141)
# Expired/Off Market Listings: 143 (390, 129, 182)
Net loss/gain in listings this week: -99 (-315, -100, -122)
Active single family home listings: 2043 (2104, 2288, 2338)
Active condo listings: 1432 (1438, 1549, 1572)
Homes 4-week running average: $392k ($390k, $395k, $387k)
Condos 4-week running average: $230k ($228k, $233k, $232k)
The?REALTORS??Association of Edmonton is reporting 328 sales so far this month for the Greater Edmonton Area. That should put us around 750-800 for the month which is on the low side of the normal range for December.
Edmonton home prices
Edmonton listings and sales
Our job market has caught the attention of the L.A. Times and Fox News - reporters spent the day here yesterday working on a story about career opportunities in Edmonton. Our regional economy continues to look hot, growing 4.5% in 2012 and is?expected to grow over 4% again next year.
Have a great weekend!?
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About Sara MacLennan
Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara?s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.
Source: http://edmontonrealestateblog.com/2012/12/edmonton-real-estate-market-weekly-update-dec-1412.html
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