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Friday, January 4, 2013 - Edmonton Real Estate Market Update

Edmonton single detached home prices and days-on-market are up in December, while number of sales and inventory are down!
 

The average price for a single family detached home in December of 2012 was $391,427, up by 2.5% from last month and up by 6.8% from December of 2011.
 

The condo prices were down by 2.3% to $225,143. Total of 731 residential properties have sold in the 12th month of 2012, 11% less than same period last year, and it took on average 66 days for these homes to sale, an increase from 64 days.
 

The inventory decreased to 4,354 residential properties available compared to 5,681 from last months and 6001 in December of 2011.
 

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

 

 

edmonton condos sold in december of 2012

 

number of residential sales in edmonton in december of 2012 graph

 

average days on market graph for edmonton real estate in december of 2012

 

edmonton real estate inventory graph for december of 2012

 

Provided by: Edmonton Real Estate Web
 

posted in Edmonton Real Estate Market Update at Fri, 04 Jan 2013 09:21:11 -0700

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