Edmonton's Housing Market Remains Stable in July of 2019

Posted by Derek Hulewicz on Wednesday, August 7th, 2019 at 7:48am.

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!

real estate graph for average selling prices of homes sold in edmonton from january of 2012 to july of 2019

 real estate graph for average selling prices of condos sold in edmonton from january of 2012 to july of 2019

real estate graph for number of residential properties sold in edmonton from january of 2012 to july of 2019

real estate graph for average days on the market for real estate sold in edmonton from january of 2012 to july of 2019

real estate graph for residential inventory of homes for sale in edmonton from january of 2012 to july of 2019

 

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

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