Prices are holding steady in the Edmonton real estate market even with an 18% increase in available homes. The chair of the REALTORS® Association of Edmonton Steve Sedgwick, says “Prices in the Edmonton and Area market remain stable. This is good news for sellers who have been concerned about selling in a ‘buyer’s market’, and buyers continue to have a great selection of properties to choose from and sellers need to be competitive with their listings. Continued lack of significant movement in the average house price is a good signal that Edmonton’s economy is strong.”

It took an average of 35 days to sell a single family home in the month of April, while sales were down by 11.8% compared to April of 2015. The average price was $439,982 which was actually up slightly by .88% from last April and there were 1,830 active listings. 

For condos, the average price was $250,869 and it took about 46 days to sell. Prices were down by .09% compared to March of this year, and down by .54% when compared to April of last year. Sales were down by 11.4% compared to April of 2015 and there were 1,037 active listings. 

Here is the infographic with more details. 

 

Posted by Robert and Shawna Eskiw on
Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.