The average price for a single family detached home in March of 2017 was $439,139 up by 3% from last month and up by 10.5% from March of 2016. The condo prices were also up by 3.86% at 242,632 from $230,661 last month.
Total of 1,474 residential properties have sold in the 3rd month of 2017, 31.8% more than in February and 3.11% less than in same period last year. The inventory increased to 6,806 residential properties available compared to 6,108 last months and 7,294 in March of 2016. Average Days-On-Market were down by 8 days at 57.
All the information in this article has been provided by Realtors® Association of Edmonton!
Brought to you by Edmonton homes for sale blog!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224