Edmonton's Housing Market Unchanged in December of 2016!

Posted by Derek Hulewicz on Thursday, January 5th, 2017 at 8:57am.

The average price for a single family detached home in December of 2016 was $420,962, down by 4.4% from last month and down by 0.8% from December of 2015. The condo prices were up by 2.5% at 247,647 from $241,569 last month.

Total of 716 residential properties have sold in the 12th month of 2016, 27% less than in November and 0.4% more than in same period last year. The inventory decreased to 5,208 residential properties available compared to 5,088 last months and 6,043 in December of 2015. Average Days-On-Market were up by 5 days at 70.

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

graph for average selling prices for homes sold in Edmonton from January of 2010 to December of 2016

graph for average selling prices for condos sold in Edmonton from January of 2010 to December of 2016

graph for number of residential homes sold in Edmonton from January of 2010 to December of 2016

graph for average days on market for homes sold in Edmonton from January of 2010 to December of 2016

graph for residential inventory of homes for sale in Edmonton from January of 2010 to December of 2016

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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