Edmonton Housing Market Remains Stable In February of 2018!

Posted by Derek Hulewicz on Friday, March 15th, 2019 at 1:28pm.

Despite slower start to the year, the average price for a single family detached home in Feburary of 2019 was $430,000 up by 6.36% from last month and down by 1.32% from February of 2018. The condo prices were also up by 4.16% at $222,267 from $218,680 last month.

Total of 986 residential properties have sold in the 2nd month of 2019, 23.4% more than in January and 11% less than in same period last year. The inventory increased to 7,422 residential properties available compared to 7,092 last months and 6,797 in February of 2018. Average Days-On-Market were down by 9 days at 73.

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

real estate graph for all the statistics of average selling price of homes sold in Edmonton from January of 2013 to February of 2019

real estate graph for all the statistics of average selling price of condos sold in Edmonton from January of 2013 to February of 2019

real estate graph for all the statistics of number of residential sales of properties sold in Edmonton from January of 2013 to February of 2019

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

real estate graph for all the statistics for number of properties for sale in Edmonton from January of 2013 to February of 2019

 

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

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