Edmonton's single detached house and condos prices remain flat in April of 2015, while number of sales, average days on market, and inventory are up!
The average price for a single family detached home in April was $438,641 almost identical to last month, and up by 2.5% from April of 2014. The condo prices were up by 1.2% at $252,935 from $249,841. Total of 1,597 residential properties have sold in the 4th month of 2015, 13% less than same period last year. The inventory increased to 6,784 residential properties available compared to 5,944 last months and 4,910 in April of 2014. Average Days-On-Market were up by 2 days at 44.
All the information in this article has been provided by Realtors® Association of Edmonton!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224