Edmonton Real Estate Statistics – Dec 05, 2008

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As of this morning there were 2,982 single family homes available in Edmonton proper. In the past 30 days 415 single family homes were sold in Edmonton proper. That would give us a listing to sales ratio of 7.19:1

With a ratio still significantly higher than the 4:1 required for a neutral or balanced market I expect there to be continued downward pressure on valuations.

This entry was posted on Friday, December 5th, 2008 at 10:14 am and is filed under Edmonton, Forecast, MLS, Real Estate, Real Estate Investing, Real estate news, 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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