Courtesy of Monika Douglas
AVERAGE SALE PRICES
Residential Unit Sales and Prices are Steady for Summer Edmonton, July 5, 2021:
$241,808 condo UP 9.9% year-over-year
$472,637 detached UP 11.6% year-over-year
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for June 2021
increased 33.4% compared to June 2020 and decreased 0.3% from May 2021. New residential listings are up year-over-year, increasing 19.9% from June 2020. New residential listings are also up month-over-month, increasing 1.2% from May 2021. “The Edmonton market in June saw an increase in year-over-year residential unit sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to June of last year, while month-over-month activity has started to cool off in some markets compared to May. Of course, we need to keep in mind the drastic difference between 2020 and 2021, but we are still witnessing a strong market that is beginning to balance out for the summer season.” Source: REALTORS ® Association of Edmonton
8,023 ACTIVE LISTINGS (residential inventory)
SOLD LISTINGS 2,729
DAYS ON MARKET
SALES TO LISTING RATIO
Stats are Reflective of June 2021 Source: REALTORS ® Association of Edmonton 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.
single family detached NEW LISTINGS condo
FREE one hour consultation for buyers and sellers. Book an appointment today. MONIKA: 780.719.0935
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