Edmonton Real Estate Statistics – June 15, 2009

It always amazes me how much difference a week can make.

As of this morning there were 2,081 single family homes listed on MLS in Edmonton proper which is a drop from last week.  I was really hoping to see an increase in the inventory available for the consumers out there.

The other interesting fact that surprised me was the number of sales in the last 30 days in single family homes in Edmonton with 840.  That was also a drop from lasts week when I was expecting it to increase which would have a been a healthy sign.

The only good news out there is the fact with those numbers we still have a listings to sales ratio of 2.48:1 which remains constant from the previous week.  For the market to really start to show it’s is on a healthy recovery we are going to need to see the number of listings and sales rise proportionally.

So lets all hope the numbers increase for next week.

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