Saturday, December 29, 2012

Edmonton Real Estate Market Weekly Update - Dec. 28/12

EdmontonRealEstateMarketUpdate
EdmontonRealEstateMarketUpdate

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

New listings: 66 (149, 190, 239)
# Sales: 87 (144, 146, 164)
Ratio: 132% (97%, 77%, 69%)
# Price changes: 23 (69, 64, 114)
# Expired/Off Market Listings: 141 (273, 143, 390)
Net loss/gain in listings this week: -162 (-268, -99, -315)
Active single family home listings: 1836 (1908, 2043, 2104)
Active condo listings: 1301 (1338, 1432,1438)
Homes 4-week running average: $401k ($400k, $392k, $390k)

Condos 4-week running average: $224k ($226k, $230k, $228k)The last weekly update of the year... If we based our weekly report on our office productivity I'd telling you the market is on fire, but the numbers show the market looks just as it should for the last week of the year. The only unusual stat is the rising average price of single family homes. The?REALTORS? Association of Edmonton is reporting 684 sales so far this month for the greater Edmonton Area, which should put us around 800 for the month (slightly below average). We'll have our monthly report on Tuesday. Best wishes for a happy new year filled with health, happiness, and spectacular success!

Dec2812a
Edmonton real estate prices
Dec2812
Edmonton listings and sales

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-2812.html

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