Edmonton Real Estate Market Remains Stable In November of 2015!

Posted by Derek Hulewicz on Friday, December 4th, 2015 at 8:49am.

The average price for a single family detached home in November of 2015 was $432,862, down by 1.4 percent from last month and down by 2.6% from November of 2014. On the other hand, the condo prices were up by 3.8% at $253,454 from $244,225.

Total of 1,104 residential properties have sold in the 11th month of 2015, 2.9% less than same period last year. The inventory decreased to 6,043 residential properties available compared to 6,641 last months and 3,906 in November of 2014. Average Days-On-Market were up by 1 day at 58.

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

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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