STATS: Edmonton Real Estate Market April 15 – 22 2016
Here are the stats that you need to be aware of:
New Listings: 387
Average List Price: $305,470.00
Average Sale Price: $290,404.00
Average Sale Price / Sq Ft: $262.29
Average Days on Market: 52
Total Sales: 197
New Listings are up by 4 points compared to last week while Average List Price was down by $520. Average Sale Price also dropped to $290,404 effectively placing a $4,310 discount to home buyers. Average Sale Price / Sq Ft was $20.53 lower than the previous week.
Average Days on Market recorded a 6 point drop making home buying turn around faster Week-on-Week. Total Sales grew by 19 points, making 197 the highest number of total sales in the 3 past weeks.
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