The average price for a single family detached home in September of 2019 was $420,406 down by 3.27% from last month and down by 2.16% from September of 2018.The condo prices were also down by 7.17% at $217,665 from $234,480 last month.
Total of 1,387 residential properties have sold in the 9th month of 2019, 11.71% less than in August and 5.72% more than in same period last year. The inventory decreased to 8,514 residential properties available compared to 8,818 last months and 8,969 in September of 2018. Average Days-On-Market were up by 1 day at 63.
All the information in this article has been provided by Realtors® Association of Edmonton!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Select Edmonton phone: 780-220-4224