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Derek Hulewicz
RE/MAX SELECT
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 780-457-2194
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Friday, November 4, 2011 - Edmonton Real Estate Market Update

Edmonton home prices, inventory, and number of sales were down in October, while days-on-market were up!
 

The average price for a single family detached home in October was $362,897, down by 3.4% from last month and down 0.8% compared to September of 2010. The condo prices were also down by 4.4% to $236,125. Total of 1,170 residential properties have sold in September, 8% more than same period last year, and it took on average 59 days for these properties to sale, 4 days more than last month.

The inventory decreased to 7,296 residential properties available, which is down by 9.5% from last months and 5.1% more that in October of 2010.

The market seems to be following the last 2 year trend as you can see on the graph below:
 

average selling price for edmonton houses in october of 2011 graph

average sellign prcies for condos in october of 2011 graph

number of residential sales in october of 2011 graph

days on market graph for homes in edmonton in october of 2011

current inventory of edmonton homes in october of 2011 graph

Provided by:

Edmonton Real Estate

posted in Edmonton Real Estate Market Update at Fri, 04 Nov 2011 09:05:06 -0600



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Data last Updated: 2019-08-25 at 18:52:11 MDT America/Edmonton
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