STATS: Edmonton Real Estate Market April 1 – 15 2016
Before anything else, here are the stats for the past 2 weeks.
April 1 – 8:
New Listings: 387
Average List Price: $312,046
Average Sale Price: $305,272
Average Sale Price / Sq Ft: $279.33
Average Days on Market: 37
Total Sales: 134
April 8 – 15:
New Listings: 383
Average List Price: $304,950
Average Sale Price: $294,714
Average Sale Price / Sq Ft: $282.82
Average Days on Market: 58
Total Sales: 178
These are the overall changes on a Week-on-Week basis.
New Listings: -4
Average List Price: $7,096.00
Average Sale Price: $10,558.00
Average Sale Price / Sq Ft: $3.49
Average Days on Market: 21
Total Sales: 44
44 sold homes were added to the Total Sales for April 8 – 15 making 178 the highest number of Total Sales since the start of 2016.
This would at least make up for the disappointing figures we have this week. The uptick in the total number of sales makes for a good evidence that the Edmonton home buyers are once again very active in their purchases (mainly due to low home prices).
If you’re thinking of selling your home, it’s never too early or too late to list your property, sales are up so you better decide if you’re going to list your home anytime soon. For home buyers, now’s a great opportunity to find a home that matches your budget.
For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.
Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.
