Edmonton's single detached homes and condo prices are up slightly in May of 2015 despite rising inventory!

Posted by Derek Hulewicz on Tuesday, June 2nd, 2015 at 3:09pm.

The average price for a single family detached home in May of 2015 was $451,312, up by 2.8 percent from last month, and up by 3% from May of 2014. The condo prices were also up by 1.2% at $256,143 from $252,935. Total of 1,784 residential properties have sold in the 5th month of 2015, 9.5% less than same period last year. The inventory increased to 7,303 residential properties available compared to 6,784 last months and 5.634 in May of 2014. Average Days-On-Market were up by 1 days at 45.

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

edmonton single detached home prices graph from jan of 2009 to may of 2015

edmonton single deEdmonton condo prices graph from jan of 2009 to may of 2015

number of real estate salaes in edmonton graph from jan of 2009 to may of 2015

inventory graph for edmonton real estate from jan of 2009 to may of 2015

Bought to you by Edmonton Homes For Sale Blog!

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

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