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Friday, February 7, 2014 - Edmonton Real Estate Market Update

Edmonton's single detached home and condo prices are down in January of 2014, while number of sales,  average days-on-market, and inventory are up.

The average price for a single family detached home in January was $416,344, down by 1.7% from last month and up by 4% from January of 2013.

The condo prices were also down slightly by 2.0% to $230,463. Total of 820 residential properties have sold in the first month of 2014, 3.9% less than same period last year, and it took on average 61 days for these homes to sale.

The inventory incresead to 3,537 residential properties available compared to 3,049 from last months and 3,743 in January of 2013.

Below you will find five graphs that correspond to the above statistics:

single detaxched homes graph sold in edmonton between jan of 2014 and jan 2009

edmonton condos selling prices graph between jan 2009 and jan 2014

number of residential sales in edmonton garph

average days on market graph for edmonton real estate between jan 2014 and jan 2009

edmonton residential inventory graph between jan 2014 and jan 2009

Edmonton homes for sale

posted in Edmonton Real Estate Market Update at Fri, 07 Feb 2014 09:22:34 -0700

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