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发表于 2008-12-2 21:12
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Housing buyers react cautiously in local markets % Y( j; T$ b7 w% `
Monthly Statistics ; _. s" n$ s9 u7 w* ~$ f
Quarterly Statistics/ H( p# Q+ V- g! H% q
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Edmonton, December 2, 2008: REALTORS® had lots of time to work with their best clients in November as housing sales slowed. The number of residential sales during the month dipped to levels not seen since 1998. The average price of a single family home in the greater Edmonton area remained stable while condo prices dropped for the second month in a row, reported the REALTORS® Association of Edmonton.5 X" T# _# p# O8 F* k; A; K0 a b9 a: h
" v- `/ m$ i7 v4 \/ _8 u) h: J“Our members report that there are a lot of potential buyers in the market but many are not ready to commit,” said Marc Perras, president of the REALTORS® Association of Edmonton. “They are being cautious and hoping for further price drops or lower interest rates that reflect the current global economic situation.”
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The average* price of a single family residence was down slightly (-0.14%) in November offsetting a slight rise in October. The average price of a single family home was $362,757. Condominium sales took another drop in November (down 2.55%) with an average price of $231,531. Duplex and rowhouses sold on average for $315,813 which was up 2.8% from October. The average residential sales price (including all types of residential property) was $318,588; up by a quarter of a percent.) G; P5 M. Q9 N+ A8 M) K7 C
' m" ]! I% K0 A( p“Sellers may be losing heart but even in this slow market there were still about 30 housing deals made every day and every home that is priced appropriately will eventually find a new owner,” said Perras. There were 8,015 homes in the local MLS® inventory at the beginning of this month (down 510). 2,036 homes were listed during November and 891 were sold resulting in a sales-to-listing ratio of 44% as compared to 40% last month. Average days-on-market was up five days to 63 and total MLS® sales (including commercial, industrial and residential) was $319 million in November, a drop of $144 million from last year’s November.' J8 d4 \. V' {4 }2 H8 z
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Highlights of MLS® activityNovember 2008 activity Record for& N- s# a/ x4 @7 u7 }
the month* % change from4 d0 Z& N7 O; Q1 u$ m
November 2007
/ \- e3 W4 J* R, G! ETotal MLS® sales this month 997 -27.40%; R" G2 X4 P( s' d3 S) G; r7 H
Value of total MLS® sales – month $318 million -31.10%; S! G3 E* Q) u+ ^/ K
Value of total MLS® sales – year $6.4 billion -18.70%
3 K; K4 A% b. {0 g. Y0 e! IResidential¹ sales this month 891 -25.40%
* n1 e3 A6 c- C0 NResidential average price $318,588 -1.99%
* V2 g4 n, C6 T2 D5 f; g% D$ RSFD² average selling price – month $362,757 -3.59%2 l4 h6 w+ ]/ F( u' J
SFD median³ selling price $337,000 -5.07%2 I( h% f; N3 o4 i
Condo average selling price $231,531 -8.22%
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¹. Residential includes SFD, condos and duplex/row houses.
/ m. J( C$ ]8 J7 P². Single Family Dwelling
2 G/ @, R$ W5 v7 }³. The middle figure in a list of all sales prices |
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发表于 2008-12-2 21:12
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