Edmonton home prices are slightly up, while inventory and number of sales are down in November!

The average price for a single family detached home in November was $365,734, up by 0.8% from last month and also up by 0.8% compared to November of 2010. The condo prices were also up by 0.8% to $227,901. Total of 1,084 residential properties have sold in November, 7.5% less than same period last month, and it took on average 59 days for these properties to sale, no change from last month.

The inventory decreased to 6,588 residential properties available, which is down by 10% from last months and 5.5% less that in November of 2010.

Edmonton homes for sale