Friday, December 21, 2007

Dec 21, 2007 Statistic

View and search all MLS listed homes in the Edmonton are at our website: www.TeamLeadingEdge.ca

The market situation is still not improving. Currently we have 10,145 listings on the Edmonton Real Estate Board MLS listing system. Of which 5,102 listing in Edmonton proper, with 900 sales in the last 30 days. That gives us a listings to sales ratio of 5.7 to 1. With the ratio still being that high I am anticipating continued downward pressure on prices.

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