Edmonton's Housing Market On The Rise!

Posted by Derek Hulewicz on Friday, April 7th, 2017 at 12:06pm.

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!

graph for average selling price of houses sold in edmonton from January of 2011 to March of 2017

graph for average selling price of condos sold in edmonton from January of 2011 to March of 2017

graph for number of residential properties sold in edmonton from January of 2011 to March of 2017

gragraph for average days on the market for houses and condos sold in edmonton from January of 2011 to March of 2017

graph graph for all residential properties for sale in edmonton from January of 2011 to March 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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