The average price for a single family detached home in October of 2020 was $442,854 up by 0.72% from last month and up by 5.50% from October of 2019. Condo prices were down by 1.34% at $231,608 from last month and up by 1.67% compared to last year.

Total of 1,674 residential properties have sold in the 10th month of 2020, 10.48% less than in September and 26.34% more than in the same period last year. The inventory decreased to 1,674 residential properties available compared to 7,248 last month and 7,926 in October of 2019. It took on average 50 days for all these residential properties to sell, 3 days less than last month.

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 2020 was $439,605, up by 0.79% from last month and up by 1.86% from August of 2019. Condo prices were also up by 1.79% at $229,172 from last month and down by 2.23% compared to last year. Total of 1,881 residential properties have sold in the 8th month of 2020, 13.08% less than in July and 20.11% more than in the same period last year. The inventory decreased to 7,553 residential properties available compared to 7,714 last month and 8,818 in June of 2019. It took on average 52 days for all these residential properties to sell, 2 days less than last month. 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 2020 was $423,184, up by 2.63% from last month and up by 0.20% from June of 2019. Condo prices were also up by 7.57% at $219,832 from $204,365 last month.

Total of 2,051 residential properties have sold in the 6th month of 2020, 77.27% more than in May and 13.69% more than in the same period last year. The inventory increased to 7,951 residential properties available compared to 7,749 last month and 9,428 in June of 2019. It took on average 59 days for all these residential properties to sell, 7 days less than last month.

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

Edmonton's real estate prices remain relatively flat in May of 2020, however the number of residential sales in Edmonton and surrounding areas continue to be lower compared to last year due to the Covid 19 pandemic!

The average price for a single family detached home in May of of 2020 was $412,329, up by 0.52% from last month and down by 4.49% from May of 2019.

Condo prices were actually down by 8.77% at $204,365 from $224,022 last month.

Total of 1,157 residential properties have sold in the 5th month of 2020, 54.89% more than in April and 41.51% less than in the same period last year, which is again due to the Covid 19 pandemic.

The inventory increased to 7,749 residential properties available compared to 7,237 last month and 9,451 in

Edmonton real estate market was up slightly in April of 2020, while number of residential sales were down substantially due to the Covid 19 pandemic!

The average price for a single family detached home in April of 2020 was $410,200 up by 1.45% from last month and down by 2.80% from April of 2019. Condo prices were also up by 2.47% at $224,022 from $218,613 last month.

Total of 750 residential properties have sold in the 4th month of 2020, 35.68% less than in March and 55% less than in same period last year, which is due to the Covid 19 pandemic.

The inventory decreased to 7,237 residential properties available compared to 7,346 last month and 9,015 in April of 2019.

It took on average 64 days for all these residential properties to sell, 4

It has definitely been a challenging market, especially in the past couple of weeks. With most people staying home due to Covid-19, we have recently seen a noticeable drop in number of buyers and sellers coming into the market. I have also spoken to a few realtors, mortgage brokers and lawyers and they say the same.

Despite the current situation, there are still a significant number of buyers and sellers with whom I am working closely while taking the necessary precaution to stay safe. To minimize any risks at this time, we choose to work only with prescreened clients that are in an immediate need of either buying or selling. Stay safe everyone and here are current stats.

The average price for a single family detached home in March of 2019 was

The average price for a single family detached home in February of 2019 was $426,191 up by 2.96% from last month and down by 0.56% from February of 2019. The condo prices were also up by 4.00% at $212,520 from $204,355 last month.

Total of 1,054 residential properties have sold in the 2nd month of 2020, 32.58% more than in January and 7.99% more than in same period last year. The inventory increased to 6,842 residential properties available compared to 6,228 last months and 7,422 in February of 2019. 74 days was the average days-on-market for all the residential properties that have sold, 5 days less than last month.

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

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!