Edmonton Real Estate Market Update

Flat line for Edmonton real estate market?

The average price for single detached home in January was 367,747, half a percent lower than in December of 2009, while condos were selling for 239,006, 2 percent lower than last month. Total sales were down by 6.8% to 884 properties sold through the MLS® SYSTEM while new listings have doubled. Inventory stood at 4,864 homes while average days-on-market have increased by 12% to 57 days.

Single Detached – average sold price – double click for a larger view

Condos – average sold price

Inventory
Number of Sales

About Derek Hulewicz

Edmonton REALTOR® working with buyers and sellers alike in residential real estate.
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