Edmonton's single detached house prices are slightly down in June of 2014, while condo prices are up!
The average price for a single family detached home in June was $435,534 down by 0.7% from last month, and up by 5.3% from June of 2013. The condo prices were up by 0.6% to $254,182. Total of 1,961 residential properties have sold in the 6nd month of 2014, 13% more than same period last year, and it took on average 41 days for these properties to sale. The inventory increased to 5,704 residential properties available compared to 5,634 last months and 6,078 in June of 2013.
Below you will find five graphs that correspond to the above statistics:
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