The Edmonton real estate market remained strong in the month of November. Prices are holding steady, even though we had fewer sales than November of 2014.
Geneva Tetreault, of the REALTORS® Association of Edmonton says "During a time of year where we generally see the market slow down, consumers demonstrated confidence in the Edmonton and Area market.” She goes on to say that the warm weather we have been experiencing also helped to get people out there looking at homes with their agents.
For single family homes, the average price was $432,862 and it took 56 days for a home to sell on average. The average price decreased by 1.3% compared to October, and by 2.6% compared to last November. There were 1,059 active listings and only 680 homes…
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