Edmonton Real Estate Market Down In August!

Posted by Derek Hulewicz on Tuesday, September 6th, 2016 at 2:34pm.

The average price for a single family detached home in August of 2016 was $434,362, down by 4% from last month and down by 1% from August of 2015. The condo prices were also down by 2% at 251,526 from $257,482.

Total of 1,433 residential properties have sold in the 8th month of 2016, 5% less than in July and 2% less than in same period last year. The inventory decreased to 7,909 residential properties available compared to 8,048 last months and 7,227 in August of 2015. Average Days-On-Market were down by 1 day at 55.

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

graph for single detached homes sold in edmonton from january of 2010

graph for condos sold in edmonton from january of 2010

grgraph for number of residential sales of homes sold in edmonton from january of 2010

days on the market graph of homes sold in edmonton from january of 2010

inventory graph fro homes for sale in edmonton from january of 2010

Brought to you by Edmonton homes for sale blog!

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

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