Edmonton Housing Market Remains Strong In September of 2014!

Posted by Derek Hulewicz on Tuesday, October 7th, 2014 at 12:54pm.

Edmonton's single detached house prices and average days on market remain unchanged in September of 2014, while inventory and condo prices are down!

The average price for a single family detached home in September was $435,584 down by 0.04% from last month, and up by 6.2% from September of 2013. The condo prices were down by 3% to $254,494. Total of 1,568 residential properties have sold in the 9nd month of 2014, 13.5% more than same period last year, and it took on average 49 days for these properties to sale. The inventory decreased to 4,812 residential properties available compared to 5,334 last months and 5,111 in September of 2013.

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

 

Brought to you by: Edmonton homes for sale

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

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