Green outscored the Red! The Edmonton real estate market improved this past week.
In the All Edmonton Homes segment, New Listings gained a 5.44% increase to reach 349. Average List Price, although it was in the red territory has slightly recovered, falling just 1% vs its 2.17% drop in the week covering Nov 11 - 18 2016. The same thing goes to the Average Sale Price, falling by only .24%, a better prospect than the 3.37% decrease the previous week.
Average Sale Price / Sq Ft also recovered, posting a .38% gain. Average Days On Market jumped 15.79% while Total Sales grew to 184, a 14.28% increase.
The market is starting to gain traction again, the question now is, would we see the improvements recorded this past week spill over next week? Find out by subscribing to this blog.
Missed our previous Edmonton Weekly Market Stats? You can read it here: EDMONTON WEEKLY MARKET STATS - NOV 11 - 18 2016
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