The average price for a single family detached home in April of 2021 was $458,444 up by 0.1% from last month and up by 11.7% from April of 2020. Condominium prices were down by 0.4% at $228,741 from last month and up by 10.2% compared to last year.
Total of 2,868 residential properties have sold in Greater Edmonton Area in April of 2021, 17.6% more than in March and 284.5% more than in the same period last year. The inventory increased to 7,035 residential properties available compared to 6,302 last month and 7,237 in April of 2020. It took on average 37 days for all these residential properties to sell, 5 days less than compared to last month.
All the information in this article has been provided by Realtors® Association of Edmonton!
Blog Author: Derek Hulewicz, REALTOR® at RE/MAX Real Estate Edmonton phone: 780-220-4224