The average price for a single family detached home in June of 2015 was $451,312, down by 1.4 percent from last month, and up by 2% from June of 2014. The condo prices were also down by 0.2% at $255,662 from $256,143. Total of 2,008 residential properties have sold in the 6th month of 2015, 2.4% more than same period last year. The inventory decreased to 7,177 residential properties available compared to 7,303 last months and 5.704 in June of 2014. Average Days-On-Market were up again by 4 days at 49.
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