Edmonton Real Estate Market Remains Stable Despite Low Oil Prices!

Posted by Derek Hulewicz on Friday, July 3rd, 2015 at 1:49pm.

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!

average selling prices for condos in Edmonton graph from january of 2010 till june of 2015

number of sales for homes sold in Edmonton graph from january of 2010 till june of 2015

average days on the market graph for homes for sale in Edmonton from january of 2010 till june of 2015

inventory graph for homes for sale in Edmonton graph from january of 2010 till june of 2015

 

Blog Author:  Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224

Leave a Comment

Format example: you@domain.com
Format example: yourwebsitename.com

Sign up for email updates