The average price for a single family detached home in January of 2017 was $416,859 down by 0.97% from last month and down by 0.49% from January of 2016. The condo prices were also down by 0.57% at 246,727 from $247,647 last month.
Total of 738 residential properties have sold in the first month of 2017, 2.9% more than in December and 16.2% more than in same period last year. The inventory increased to 5,594 residential properties available compared to 5,208 last months and 5,751 in January of 2016. Average Days-On-Market were up by 2 days at 72.
All the information in this article has been provided by Realtors® Association of Edmonton!
Brought to you by Edmonton homes for sale blog!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224
