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 sold.

For condos, the average price came in at $253,618 with 304 sales and 610 active listings. It took an average of 62 days to sell a condo in November. Sales were down 12.1% compared to last November. 

Here is the infographic:


Posted by Robert and Shawna Eskiw on
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