The housing market in Edmonton remains strong despite the fact that sales are down sharply compared to October of 2014. In fact, prices for Single family homes actually rose by 1.5% compared to September, and went up by 3% when compared to October of 2014. However, the average price for houses was pushed a little higher because of two homes that sold for over 3 million dollars.
On average, it took 56 days to sell a single family home and there were 728 sales in the month of October.
For Condos, prices were down by 3.4% from September and down by 5.9% compared to October of 2014. There were 337 condos sold and it took an average of 61 days for them to sell
Have a look at our monthly infographic for more details.
All statistics are from…