Edmonton's number of residential sales, inventory, and condo prices are up in April of 2014, while average days-on-market and single detached home prices are down.
The average price for a single family detached home in April was $427,685, down by 1.5% from last month, and up by 5.9% from April of 2013. The condo prices were up slightly by 1.1% to $251,300. Total of 1,983 residential properties have sold in the 4nd month of 2014, 22% more than same period last year, and it took on average 42 days for these properties to sale. The inventory increased to 4,910 residential properties available compared to 4,413 last months and 5,294 in April of 2013.
Below you will find five graphs that correspond to the above statistics:
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224
