Edmonton single detached home prices, number of sales, and inventory are up in May, while condo prices and days-on-market are down!
The average price for a single family detached home in May of 2013 was $418,110, up by 3.8% from last month and up by 7.1% from May of 2012.
The condo prices were down by 2.4% to $237,664. Total of 1,689 residential properties have sold in the 4th month of 2013, 14% less than same period last year, and it took on average 45 days for these homes to sale, a decrease from 49 days.
The inventory increased to 6028 residential properties available compared to 5,294 from last months and 7,935 in March of 2012.
Below you will find five graphs that correspond to the above statistics: