Edmonton Housing Market Down In March of 2019

Posted by Derek Hulewicz on Monday, April 8th, 2019 at 1:23pm.

The average price for a single family detached home in March of 2019 was $423,571 down by 1.5% from last month and down by 5.02% from March of 2018. The condo prices were also down by 3.78% at $213, 856 from $222,267 last month.

Total of 1,200 residential properties have sold in the 3rd month of 2019, 21.70% more than in February and 13.04% less than in same period last year. The inventory increased to 8,287 residential properties available compared to 7,422 last months and 7,963 in March of 2018. Average Days-On-Market were down by 9 days at 64.

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

real estate graph for all the statistic for average selling prices of homes sold in Edmonton from January of 2013 to March of 2019

real estate graph for all the statistic for average selling prices of condos sold in Edmonton from January of 2013 to March of 2019

real estate graph for all the statistic for number of residential properties sold in Edmonton from January of 2013 to March of 2019

real estate graph for all the statistic for average days on market for homes sold in Edmonton from January of 2013 to March of 2019

real estate graph for all the statistic for inventory of homes for sale in Edmonton from January of 2013 to March of 2019

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

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