Yearly Review: 2021
The 2021 yearly Real Estate Recap compares Fort Saskatchewan, Sherwood Park and Edmonton.
What's in the Report?
Total Listings: The total amount of properties for which the seller has entered into a written service agreement with a real estate brokerage to market his or her property for sale. These are all the real estate that has come up for sale on the market. (This does not mean all the homes sold, some would have been terminated, expired or withdrawn)
Average List Price: The amount of money that a property is under contract with a brokerage. This is the average of all the properties. This price is advertised to the public and marketed through various listing databases by the brokerage. Does not always sell for this price.
Total Inventory Cost: The grand total of all the properties at their list price
Total Sales: The total of all the sales for that region
Sales Average Price: The sold price of the property. This is the average of the subject are.
Average LSR: The average amount that sellers are receiving for their property. It is calculated by the amount property actually sold for compared to the amount the property was listed for.
Thank you for exploring my 2021 Real Estate Recap.