Real Estate Statistics – Jan 22, 2009
To view and search all MLS listed homes in the Edmonton area visit me at www.FindMyHouse.ca
As of this morning there are 2,395 single family dwellings listed in Edmonton proper. In the last 30 days there were also 249 sales of single family dwellings in Edmonton proper.
With those numbers that gives me a listing to sales ration of 9.62:1. That is over double the 4:1 needed for a neutral market. To me that indicates that we are going to see continued downward pressure on valuations.
So if you are thinking of selling this year the sooner you put your home on the market the better the chance of getting the most money possible.
If you are thinking of selling please feel free to give me a call anytime @ 780-995-6520 and ask for a free market analysis of the value of your home.
