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Edmonton Real Estate Market Update March 26, 2010


Blog by Sara Kalke | March 26th, 2010


Edmonton Real Estate Market Update March 26, 2010

Inventory is up, yet again. Today's inventory count: 6,354. Yes, you got it - 6,354. That is up 178 over the course of the week, and over 2,000 since the beginning of 2010.  With the possibility of mortgage rates increasing, it looks like everyone is making a move. You should too!

If you're thinking why should I care? - check out my last blog article for why these numbers matter.  Here are the figures from the REALTORS Association for March to date.  Check out the # of Sold Units vs. New Listings to see how inventory continues to increase!

REALTORS® Association of Edmonton
MLS® RES Daily MTD Activity
for March 2010


  Value of Solds Sold Units Average Sold Price New Listings Active Listings
RESIDENTIAL
Single Family(House)   346,988,926            898        386,401          1,891          3,855 
Single Family(Condo)    91,576,877            367        249,528            945          2,159 
Residential(Other)    18,370,204             75        244,936            223            607 
  ============= ============= ============= ============= =============
TOTAL   456,936,007         1,340       340,997         3,059         6,621


Residential MLS® Summary by Value/Count
  10,000 -  99,999 23 375,000 - 399,999 92 575,000 - 599,999 16
100,000 - 149,999 43 400,000 - 424,999 71 600,000 - 649,999 15
150,000 - 199,999 117 425,000 - 449,999 71 650,000 - 699,999 7
200,000 - 249,999 171 450,000 - 474,999 45 700,000 - 749,999 6
250,000 - 299,999 194 475,000 - 499,999 34 750,000 - 799,999 4
300,000 - 324,999 121 500,000 - 524,999 19 800,000 - 899,999 10
325,000 - 349,999 126 525,000 - 549,999 20 900,000 - 999,999 5
350,000 - 374,999 104 550,000 - 574,999 18 1,000,000+ 8




REALTORS® Association of Edmonton
MLS® CONDO Daily MTD Activity
for March 2010


  Value of Solds Sold Units Average Sold Price New Listings Active Listings
Single Family(Condo) 91,576,877  367  249,528  945  2,159 
 
 


Condominium Summary by Value/Count
 10,000- 99,999 3   375,000 - 399,999 5    575,000 - 599,999 1
100,000 - 149,999 23    400,000 - 424,999 6    600,000 - 649,999 0
150,000 - 199,999 81    425,000 - 449,999 5    650,000 - 699,999 0
200,000 - 249,999 102    450,000 - 474,999 2    700,000 - 749,999 0
250,000 - 299,999 83    475,000 - 499,999 2    750,000 - 799,999 0
300,000 - 324,999 25    500,000 - 524,999 0    800,000 - 899,999 1
325,000 - 349,999 17    525,000 - 549,999 1    900,000 - 999,999 0
350,000 - 374,999 9    550,000 - 574,999 0    1,000,000+ 1