Edmonton home prices, inventory and number of sales are up in April, while days-on-market are down!
The average price for a single family detached home in April of 2012 was $382,384 up by 0.9% from last month and also up by 0.8% compared to April of 2011.
The condo prices were also up by 1.3% at $235,036. Total of 1,713 residential properties have sold in the 4th month of 2012, 13% more than same period last year, and it took on average 50 days for these homes to sale, a decrease from 53 days.
The inventory increased to 7,334 residential properties available, which is up by 6.5% from last months and up by 1.6% from April of 2011.
Below you will find five graphs that correspond to the above statistics: