To view and search all MLS listed homes in the Edmonton area visit us at:
www.TeamLeadingEdge.ca
Currently in the Edmonton area there are 9,328 residential homes listed for sale. However there are only 4,586 listed in Edmonton proper. In the last 30 days we have seen 664 sales. That gives us a listings to sales ratio of 6.90 to 1. That ratio is still high and I would expect continued downward pressure on prices.
I am however seeing increased activity which is positive and hopefully we can get back to a 4 to 1 ratio where we have a balanced and neutral market.
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