Courtesy of Jay Cooper
MLS ® Sales Up Year- Over-Year While Market Remains Stable Edmonton, October 2, 2019 - Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of September 2019 increased 5.72% compared to September 2018. The number of new residential listings is also up, growing 1.67% from September 2018. Overall inventory in the Edmonton CMA fell 9.72% from September of last year. Single family home unit sales are down 2.91%, unit sales of duplexes are up 7.52%, and condo unit sales jumped 26.78% from the same period of time last year. All residential average prices are down slightly at $351,526, a 6.06% decrease from September 2018. Single family homes sold for an average of $420,406, a 2.16% year-over-year decrease from September 2018. Condominiums sold for an average of $217,665, a 9.82% drop year-over-year. Duplex prices are virtually unchanged from last year at $343,230. “The Edmonton market continues to remain stable, with slight decreases in prices across all property types,” says REALTORS ® Association of Edmonton Chair Michael Brodrick. Overall, all residential listings averaged 63 days on market. - Source: REALTORS ® Association of Edmonton
AVERAGE SALE PRICES
DOWN 9.8% year-over-year
DOWN 2.2% year-over-year
ACTIVE LISTINGS (residential inventory)
SOLD LISTINGS 1,387
DAYS ON MARKET
SALES TO LISTING RATIO
Stats are Reflective of September 2019 Source: REALTORS ® Association of Edmonton Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
single family detached NEW LISTINGS condo
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