Edmonton's number of residential sales, inventory, single detached homes and condo prices are up in March of 2014, while average days-on-market are down again.
The average price for a single family detached home in March was $432,458, up by 1.5% from last month and up by 1.6% from March of 2013. The condo prices were also up slightly by 3.3% to $247,005. Total of 1,554 residential properties have sold in the 3nd month of 2014, 10.8% more than same period last year, and it took on average 44 days for these properties to sale. The inventory increased to 4,413 residential properties available compared to 3,906 from last months and 4,741 in March 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
