Edmonton Real Estate Market Remains Stable In March!

Posted by Derek Hulewicz on Tuesday, April 5th, 2016 at 9:13am.

The average price for a single family detached home in March of 2016 was $439,815, up by 4.73% from last month and up by 0.56% from March of 2015. The condo prices were also up by 1.6% at 251,093 from $247,090.

Total of 1,364 residential properties have sold in the 3nd month of 2016, 6.13% less than same period last year. The inventory increased to 7,294 residential properties available compared to 6,681 last months and 5,944 in March of 2015. Average Days-On-Market were down by 4 day at 53.

All the information in this article has been provided by Realtors® Association of Edmonton!

graph for single detached homes sold in Edmonton between march of 2016 and january of 2010

graph forgraph for condos sold in Edmonton between march of 2016 and january of 2010

graph for number of residential sales of homes sold in Edmonton between march of 2016 and january of 2010

graph for days on market for homes sold in Edmonton between march of 2016 and january of 2010

inventory graph for homes for sale in Edmonton between march of 2016 and january of 2010

Brought to you by Edmonton Homes For Sale Blog!

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

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