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Derek Hulewicz & Associates
RE/MAX SELECT
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 780-457-2194
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Wednesday, August 3, 2011 - Edmonton Real Estate Market Update

Edmonton real estate prices are up slightly in July of 2011 while inventory remains unchanged.
 

The average price of single detached home in Edmonton increased by 1.4 percent in July to $384,656, while condo prices have also increased by 5.1% to $244,225 as compared to the previous month.

Total of 1,441 residential properties have sold in July up 3.6% compared to June of 2011. Average days-on-market have decreased to 51 days from 53 and were identical compared to July of 2010. Inventory at the end of July stood at 8,421 almost same as last month.

Looking back at the current numbers, the Edmonton real estate market is in good shape and while it is still a buyer’s market that may change in the next 12 months or less.

edmonton single detahced homes average selling price july 2011 real estate

edmonton condos avrage selling price july 2011 real estate

number of edmonton real estate residential sales july 2011

days on market edmonton real estate july 2011

edmonton housing inventory for july 2011 real estate
 

posted in Edmonton Real Estate Market Update at Wed, 03 Aug 2011 11:16:48 -0600



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Data last Updated: 2019-06-16 at 16:45:48 MDT America/Edmonton
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