Edmonton's House Prices Down In July of 2018!

Posted by Derek Hulewicz on Friday, August 3rd, 2018 at 7:53am.

The average price for a single family detached home in July of 2018 was $436,825 down by 1.44% from last month and down by 2.25% from July of 2017. On the other hand, the condo prices were up by 3.35% at 246,115 from $238,141 last month.

Total of 1,603 residential properties have sold in the 7th month of 2018, 4.47% less than in June and 0.99% less than in same period last year. The inventory decreased to 10,094 residential properties available compared to 10,230 last months and 8,756 in July of 2017. Average Days-On-Market were up by 1 days at 57.

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

 graph for average selling prices of houses in edmonton from january of 2012 to july of 2018

graph for average selling prices of condos in edmonton from january of 2012 to july of 2018

graph for number of residential propertties sold in edmonton from january of 2012 to july of 2018

graph for average days on market for homes and condos sold in edmonton from january of 2012 to july of 2018

graph for residential inventory for properties for sale in edmonton from january of 2012 to july of 2018

statistics graph for residetnial real estate in edmonton for july of 2018

 

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

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