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Derek Hulewicz
RE/MAX SELECT
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 780-457-2194
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Wednesday, October 5, 2011 - Edmonton Real Estate Market Update

The prices of Edmonton homes were slightly up in September, while inventory and days-on-market were down!

The average price for a single family detached home in September was $375,738, up 1.4% from last month and up 1.3% compared to September of 2010. The condo prices were also up by 2.1% to $236,125. Total of 1,345 residential properties have sold in September, 11.8% more than same period last year, and it took on average 56 days for these properties to sale, one day less than last month.

The inventory decreased to 8,062 residential properties available, which is down by 4.3% from last months and 8.4% less that in September of 2010.
 

All the above indicators point to a stable and solid real estate market. We should see a slow increase in prices in the next 12 to 24 months. Remember this is just an opinion of some!
 

 

edmonton houses average selling price for september of 2011

edmonton Condos average selling price for september of 2011

number of residential sales in edmonton graph for september of 2011

inventory of edmonton housing graph for september of 2011

average days on the market indicator graph for september of 2011

 

Edmonton Real Estate

posted in Edmonton Real Estate Market Update at Wed, 05 Oct 2011 12:03:27 -0600



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Data last Updated: 2019-08-23 at 10:38:30 MDT America/Edmonton
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