The average price for a single family detached home in January of 2021 was $427,677 down by 0.04% from last month and up by 3.2% from January of 2020. Condominium prices were also down by 0.5% at $216,757 from last month and up by 6.1% compared to last year.

Total of 1,171 residential properties have sold in January of 2021, 5.9% more than in December and 47.1% more than in the same period last year. The inventory increased to 5,255 residential properties available compared to 5,005 last month and 6,228 in January of 2020. It took on average 65 days for all these residential properties to sell, 7 days longer than compared to 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