Edmonton's number of residential sales, inventory, single detached homes and condo prices are up in February of 2014, while average days-on-market are down. The average price for a single family detached home in February was $425,782, up by 2.7% from last month and up by 5.8% from February of 2013. The condo prices were also up slightly by 1.6% to $230,463. Total of 1,122 residential properties have sold in the 2nd month of 2014, 3% more than same period last year, and it took on average 54 days for these properties to sale. The inventory incresead to 3,906 residential properties available compared to 3,573 from last months and 4,183 in February 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
