We're finally entering the last week of April and 18th week of the year. The period covering April 15th to the 22nd seemed to favor both the buyers and sellers.
Here are the figures:
New Listings: 387
Average List Price: $305,470.00
Average Sale Price: $290,404.00
Average Sale Price / Sq Ft: $262.29
Average Days on Market: 52
Total Sales: 197
New Listings went up by 4 points on a Week-on-Week basis reaching 387, similar to the period covering April 1 - 8. Average List Price, Sale Price and Sale Price / Sq Ft went down, providing a discount to home buyers. Average Days on Market on the other hand lost 6 points, sliding to 52 days making Edmonton home selling faster. This decrease in the waiting time in turn increased the Total Sales to 197, an added 19 new homes were sold compared to the previous week.
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