We saw a bit of an up turn in the Edmonton Real Estate market from January which may be an indication that people are gearing up for the upcoming spring months and we expect the trend to continue upwardly. Single family homes saw an increase in sales price by just about 8%. Condos also saw an increase in sales price by just under 2.5%, but duplexes remained stagnant at about a -0.37% decrease.
Year over year, however we saw decreases straight across the board when comparing sales prices to last February's average prices and days on market. Days on Market have increase for Single family homes, Condos and Duplex/Rowhouses, so patients is key for sellers.
Let's take a look at inventory - Single family homes have the highest inventory level they…
1840 Views, 0 Comments