Edmonton Housing Market Remains Stable In August of 2015 Despite Slowing Economy!

Posted by Derek Hulewicz on Friday, September 4th, 2015 at 9:07am.

The average price for a single family detached home in August of 2015 was $439,829 up by 0.7 percent from last month, and up by 1% from August of 2014. The condo prices were down slightly by 0.8% at $254,672 from $256,708.

Total of 1,465 residential properties have sold in the 8th month of 2015, 5.8% less than same period last year. The inventory increased to 7,227 residential properties available compared to 7,226 last months and 5,334 in August of 2014. Average Days-On-Market were up by 4 day at 52.

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

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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