WEEKLY MARKET STATISTICS EDMONTON: NOV 11 – 18 2016

It was a tough week for the market with majority of our Edmonton market indicators seeing red!

Check out the stats…

Edmonton Real Estate Market Nov 11 - 18 2016

Only the Semi-Detached & Townhomes segment increased its New Listings, gaining 18.87%. For the All Edmonton Homes segment, New Listings dropped to 331, Average List Price recorded a 2.17% low of $384,554 while Average Sale Price (the profit realized by the sellers) was down to $369,730. Average Sale Price / Sq Ft was only $226, a 7.64% downturn vs the previous week. In this economy, every dollar counts, so single-digit drops are a big loss for regular sellers.

If you want to sell your home for a higher price, call Serge today at 780-995-6520.

Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.

For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.

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This entry was posted on Monday, November 21st, 2016 at 9:25 am and is filed under Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.