Edmonton's single detached house and condo prices, number of sales, and inventory was down slightly in December, while overall real estate market was up compared to 2013!
The average price for a single family detached home in December was $429,470 down by 3.3% from last month, and up by 1.4% from December of 2013. The condo prices were also down by 2.4% at $247,099. Total of 770 residential properties have sold in the 12th month of 2014, 4.7% less than same period last year. The inventory decreased to 3,059 residential properties available compared to 3,906 last months and 3,049 in December of 2013.
All the information in this article has been provided by Realtors® Association of Edmonton!
Below you will find five graphs that correspond to the above statistics:
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224