Wow, what a year has it been! Despite Alberta's weak economy, Edmonton's housing market seems to remain intact. Overall, all residential properties in Edmonton and surrounding area were down by 2.36% compared to same period last year. On the positive note, we finished the year with low inventory which maybe a sign of improving market conditions for 2020.

The average price for a single family detached home in December of 2019 was $411,317 down by 2.22% from last month and up by 4.08% from December of 2018.The condo prices were also down slightly by 0.46% at $226,943 from $228,113 last month.

Total of 843 residential properties have sold in the last month of 2019, 23.22% less than in November and 9.77% more than in same period last year. The inventory

The average price for a single family detached home in November of 2019 was $420,650, down slightly by 0.07% from last month and up by 0.24% from November of 2018.The condo prices were up by 0.14% at $228,113 from $227,802 last month.

Total of 1,101 residential properties have sold in the 11th month of 2019, 17.47% less than in October and 0.36% less than in same period last year. The inventory decreased to 7,923 residential properties available compared to 7,926 last months and 7,741 in November of 2018. Average Days-On-Market were up by 4 days at 69.

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

The average price for a single family detached home in October of 2019 was $420,939, up slightly by 0.13% from last month and down by 1.75% from October of 2018.The condo prices were up by 4.66% at $227,802 from $217.665 last month.

Total of 1,334 residential properties have sold in the 10th month of 2019, 3.89% less than in September and 8.10% more than in same period last year. The inventory decreased to 7,026 residential properties available compared to 8,514 last months and 8,363 in October of 2018. Average Days-On-Market were up by 2 days at 65.

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

The average price for a single family detached home in September of 2019 was $420,406 down by 3.27% from last month and down by 2.16% from September of 2018.The condo prices were also down by 7.17% at $217,665 from $234,480 last month.

Total of 1,387 residential properties have sold in the 9th month of 2019, 11.71% less than in August and 5.72% more than in same period last year. The inventory decreased to 8,514 residential properties available compared to 8,818 last months and 8,969 in September of 2018. Average Days-On-Market were up by 1 day at 63.

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

The average price for a single family detached home in August of 2019 was $434,634 up by 1.14% from last month and up by 2.24% from August of 2018.The condo prices were also up by 5.19% at $234,480 from $222,911 last month.

Total of 1,571 residential properties have sold in the 8th month of 2019, 3.02% less than in August and 6.38% less than in same period last year. The inventory decreased to 8,818 residential properties available compared to 9,093 last months and 9,618 in August of 2018. Average Days-On-Market were up by 5 day at 62.

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

The average price for a single family detached home in July of 2019 was $429,717 up by 1.37% from last month and down by 1.91% from July of 2018.The condo prices were down by 6.59% at $222,911 from $238,648 last month.

Total of 1,921 residential properties have sold in the 7th month of 2019, 6.07% more than in June and 11.49% more than in same period last year. The inventory decreased to 9,093 residential properties available compared to 9,428 last months and 10,094 in July of 2018. Average Days-On-Market were down by 2 day at 57.

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

The average price for a single family detached home in June of 2019 was $423,894 down by 1.76% from last month and down by 4.45% from June of 2018.The condo prices were up slightly by 0.36% at $238,648 from $237,802 last month.

Total of 1,811 residential properties have sold in the 6th month of 2019, 8.58% less than in May and 0.56% more than in same period last year. The inventory decreased to 9,428 residential properties available compared to 9,451 last months and 10,230 in June of 2018. Average Days-On-Market were down by 1 day at 59.

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

The average price for a single family detached home in May of 2019 was $431,484 up by 0.89% from last month and down by 2.62% from May of 2018.The condo prices were also up by 3.87% at $237,802 from $228,933 last month.

Total of 1,981 residential properties have sold in the 5th month of 2019, 17.64% more than in April and 4.04% more than in same period last year. The inventory increased to 9,451 residential properties available compared to 9,015 last months and 9,859 in May of 2018. Average Days-On-Market were unchanged at 60.

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

The average price for a single family detached home in April of 2019 was $427,657 up by 1.17% from last month and down by 1.38% from April of 2018. The condo prices were also up by 7.05% at $228,933 from $213,856 last month.

Total of 1,684 residential properties have sold in the 4th month of 2019, 40.33% more than in March and 1.63% more than in same period last year. The inventory increased to 9,015 residential properties available compared to 8,287 last months and 8,788 in April of 2018. Average Days-On-Market were down from last month by 4 days at 60.

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

The average price for a single family detached home in March of 2019 was $423,571 down by 1.5% from last month and down by 5.02% from March of 2018. The condo prices were also down by 3.78% at $213, 856 from $222,267 last month.

Total of 1,200 residential properties have sold in the 3rd month of 2019, 21.70% more than in February and 13.04% less than in same period last year. The inventory increased to 8,287 residential properties available compared to 7,422 last months and 7,963 in March of 2018. Average Days-On-Market were down by 9 days at 64.

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