JULY 2008 Edmonton and Area Market

Being in the trenches everyday, fielding calls, being involved in Buyer and Seller Presentations we can tell that the Market in Single Family Homes (houses) are taking longer to sell (now 55 Days from 53 Days) and the sellers are adjusting accordingly.

In May the average house was $383,167 now in June Single family dwellings sold for $381,384

In Contrast: 

Condos in May we were at $260,837 on average now in June they sold for $262,365 on average.

Duplexes and Rowhouses sold during May were priced at $330,451 on average now in June they sold for $313,023 on average

Right now Affordability and the Maintenance Free Lifestyle is making some ground

 

Guy Pelletier

Guy Pelletier

Broker/Owner
CENTURY 21 Reward Realty
Contact Me

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