Even though there are a lot of listings, we are still seeing prices increase for all types of homes

It took an average of 43 days for a single family home to sell in Edmonton in the month of May. Prices were up by 2.8% when compared to April and up 2.9% when compared to May of 2014. The average price was $451,312 and the median price was $418,950. There were 1,974 active listings and 1,078 houses sold in the month of May

For condos, the average days on the market was 49 and prices rose 1.2% compared to April and 2% compared to May of last year. Prices were also up for condos with an average price of $256,143 which is an increase of 1.26% from last month and 2% from May of 2014. 510 condos sold while there were 1,047 active listings in the month of May.

Have a look at our infographic below

Posted by Robert and Shawna Eskiw on
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