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!