Courtesy of Jamie Kinney

Year-Over-Year Prices Remain Stable


$446,982 detached



Edmonton, August 2, 2017: In the Edmonton Census Metropolitan Area (CMA), average sale prices for single family homes decreased to $446,892, down 1.51% compared to June 2017. Average prices for condominiums rose to $261,861, a 0.68% increase compared to June 2017. Duplex and rowhouse average prices decreased to $343,883, a 1.87% decrease from June 2017. The number of all residential units reported sold was 1,622. Although this represents a month-over-month decrease of 13.12%, it also reflects a year-over-year increase of 0.37%. “It’s typical for unit sales to slow in July, which is shown in the year-over-year comparison,” says James Mabey, REALTORS ® Association of Edmonton Chair. “Inventory is still strong for buyers, and marginal adjustments in year-over- year prices indicate a stable market for sellers.” In July, inventory was 8,756, which was an increase of 2.04% from June 2017. Total new residential listings in June were 3,114. “Sellers must remain patient but mindful of their positioning in the market with many options for buyers to consider, so consulting with their REALTOR ® to remain competitive is essential,” says Mabey. The all-residential average days-on-market was 53 days. - Source: REALTORS ® Association of Edmonton

DOWN 0.44% year-over-year

UP 2.18% year-over-year


3,114 8,756


ACTIVE LISTINGS (residential inventory)









Stats are Reflective of July 2017

Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Source: REALTORS ® Association of Edmonton

single family detached NEW LISTINGS condo

I’m never too busy for your referrals.

Direct: 780-240-2145 Email:

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: Copyright© 2017 All Rights Reserved / Printed on recyclable material

Made with FlippingBook HTML5