Real Estate Statistics – Dec 01, 2008

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2,980 # of single family homes listed in Edmonton proper
423 # of single family homes sold in last 30 days
7.05:1 listings to sales ratio

The number of homes listed in Edmonton is down slightly and sales are averaging about the same that we have seen in recent weeks. However the listing to sales ratio is still high at 7.05:1 which indicates to me that we are going to see some more downward pressure on valuations, at least in the short term.

This entry was posted on Monday, December 1st, 2008 at 7:10 pm and is filed under Edmonton, Forecast, MLS, Real Estate, Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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