Edmonton Real Estate Market Slowing Down in September of 2018!

Posted by Derek Hulewicz on Tuesday, October 9th, 2018 at 1:32pm.

The average price for a single family detached home in September of 2018 was $431,745 up by 1.71% from last month and up by 0.25% from August of 2017. The condo prices were down slightly by 1.53% at 240,953 from $244,701 last month.

Total of 1,225 residential properties have sold in the 9th month of 2018, 21.83% less than in August and 8.24% more than in same period last year. The inventory decreased to 8,969 residential properties available compared to 9.618 last months and 8,331 in September of 2017. Average Days-On-Market were up by 3 days at 67.

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

real estate statistics graph for average selling price of houses sold in edmonton from january of 2012 to september of 2018

real estate statistics graph for average selling price of condos sold in edmonton from january of 2012 to september of 2018

real estate statistics graph for number of real estate in edmonton from january of 2012 to september of 2018

real estate statistics graph for average sellreal estate stats graph fo average days on market for homes sold in edmonton from january of 2012 to september of 2018

inventory graph for residential real estate  for sale in edmonton from january of 2012 to september of 2018

 

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

Leave a Comment

Format example: you@domain.com
Format example: yourwebsitename.com

Sign up for email updates