Edmonton Real Estate Market Remains Strong in June of 2017!

Posted by Derek Hulewicz on Tuesday, July 11th, 2017 at 9:29am.

The average price for a single family detached home in June of 2017 was $453,735 up by 2.91% from last month and up by 4.37% from June of 2016. The condo prices were also up by 3.69% at 260,084 from $250,818 last month.

Total of 1,867 residential properties have sold in the 6th month of 2017, 0.76% more than in May and 0.74% less than in same period last year. The inventory increased to 8,586 residential properties available compared to 8,385 last months and 8,179 in June of 2016. Average Days-On-Market were up by 1 day at 53.

All the information in this article has been provided by Realtors® Association of Edmonton!

graph for average selling price of houses in edmonton from january of 2011 to june of 2017

graph for average selling price of condos in edmonton from january of 2011 to june of 2017

graph for number of residential sales in edmonton from january of 2011 to june of 2017

graph for average days on the market for residential properties sold in edmonton from january of 2011 to june of 2017

graph for residential inventory in edmonton from january of 2011 to june of 2017

Brought to you by Edmonton homes for sale blog!

Blog Author:  Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224

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