The average price for a single family detached home in April of 2019 was $427,657 up by 1.17% from last month and down by 1.38% from April of 2018. The condo prices were also up by 7.05% at $228,933 from $213,856 last month.
Total of 1,684 residential properties have sold in the 4th month of 2019, 40.33% more than in March and 1.63% more than in same period last year. The inventory increased to 9,015 residential properties available compared to 8,287 last months and 8,788 in April of 2018. Average Days-On-Market were down from last month by 4 days at 60.
All the information in this article has been provided by Realtors® Association of Edmonton!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Select Edmonton phone: 780-220-4224