May 2016

Found 1 blog entry for May 2016.

Prices are holding steady in the Edmonton real estate market even with an 18% increase in available homes. The chair of the REALTORS® Association of Edmonton Steve Sedgwick, says “Prices in the Edmonton and Area market remain stable. This is good news for sellers who have been concerned about selling in a ‘buyer’s market’, and buyers continue to have a great selection of properties to choose from and sellers need to be competitive with their listings. Continued lack of significant movement in the average house price is a good signal that Edmonton’s economy is strong.”

It took an average of 35 days to sell a single family home in the month of April, while sales were down by 11.8% compared to April of 2015. The average price was $439,982 which was

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