Deciphering Market Trends for Edmonton in the past Quarter

 

At the time of this writing we have had 1833 Expired, Terminated and Cancelled Single Family and Condo Listings since December 1st 07. 

There are 4571 Active Single Family and Condo Properties right now. 

Contrary to popular thinking, I believe we are moving to a more balanced market place whereby the Buyer and Seller can avoid the volatility that we have been experiencing in the past year and a half. 

There are some good deals out there because each individual property can be tested for value by an offer.  I have seen some really good buys and the reason is that Buyers have stepped up to the post and have to decided to make a move.  They have not been spectating.

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