Edmonton Housing Market Down Slightly In July!

Edmonton's single detached house prices, inventory and number of sales are slightly down in July of 2014, while condo prices are unchanged!

The average price for a single family detached home in July was $426,716 down by 2% from last month, and up by 3.8% from July of 2013. The condo prices were up by 0.2% to $254,654. Total of 1,864 residential properties have sold in the 7nd month of 2014, 6.9% more than same period last year, and it took on average 46 days for these properties to sale. The inventory decreased to 5,609 residential properties available compared to 5,704 last months and 6,078 in July of 2013.

Below you will find five graphs that correspond to the above statistics:

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