Edmonton Real Estate Statistics – Aug 03, 2009

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Wow what a busy long weekend this was.  Normally long weekends are slow as people are out of town enjoying their days off.  Well this long weekend I still managed to get 3 of my listings go deal pending.  This is indicative to me that there are many people out there looking at homes and today’s stats seem to back that up.

As of this morning there were 2,071 active single family homes listed in Edmonton proper.  That is a slight drop over last week.  We also had 905 homes sell in the last 30 days.  That would give us a listing to sales ratio of 2.29:1 which is slightly lower than last week, and indicates that we are going to see continued upward pressure on valuations.

With valuations of homes increasing if you are thinking of buying or thinking about making a move up to a more expensive home don’t wait any longer.  Save some money and do it now.

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