STATS: Edmonton Real Estate Market August 26 – Sep 2 2016
The Edmonton real estate market seems to be recovering quite nicely from the
New Listings: 314
Average List Price: $439,007
Average Sale Price: $425,275
Average Sale Price / Sq Ft: $297
Average Days on Market: 62
Total Sales: 171
Here are the stat difference compared to the week covering August 12 – 19 2016.
New Listings: -14
Average List Price: $497
Average Sale Price: $8,060
Average Sale Price / Sq Ft: $6
Average Days on Market: 15
Total Sales: -3
New listings slid down further losing 14 points. Average List Price just added $497 while Average Sale Price gained $8,060. The Average Sale Price / Sq Ft took in just $6 while total sales lost 3 points.
Here’s a picture of the overall market month-to-date.
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Despite strong demand, home sales are actually down 12% compared to last year — and listing inventory is finally on the rise. Watch Video Even though it feels like we are in a very strong market sales volume is actually down 12% over the same time period […]