The average price for a single family detached home in June of 2019 was $423,894 down by 1.76% from last month and down by 4.45% from June of 2018.The condo prices were up slightly by 0.36% at $238,648 from $237,802 last month.
Total of 1,811 residential properties have sold in the 6th month of 2019, 8.58% less than in May and 0.56% more than in same period last year. The inventory decreased to 9,428 residential properties available compared to 9,451 last months and 10,230 in June of 2018. Average Days-On-Market were down by 1 day at 59.
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