Saturday, January 12, 2008

Edmonton Real Estate Statistics ending Jan 10, 2008

To view and search all MLS listed homes in the Edmonton area please visit us at: www.TeamLeadingEdge.ca

As of this morning on the Edmonton Real Estate Board we had a total of 8,789 residential properties listed, of which 4,410 were residential single family, 2,171 were condominiums, and 752 were acrages.

However, there were only 2,581 single family dwellings in Edmonton proper and in the last 30 days we have had 370 sales. That give us a listing to sales ratio of 6.98 to 1.

With a ratio that high I expect continued downward pressure on prices.

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