Housing prices rose in first quarter in Edmonton

Posted by Gurpreet Ghatehora on Thursday, April 3rd, 2014 at 10:34am.

According to Realtors® Association of Edmonton housing prices rose in first quarter. Residential properties were up 5.8% compared to last year. Sale of Single family homes were up 5.1% and condo sale was up 11.0%. Indicators are there is more demand in the housing market.
In 2013 from Jan – March all residential sales were 3478 and this year was 3679. Listing inventory was also up as compared to last year. It was increase of 3.9%. Single family listings were 5.5% and condo listing was dipped half of 1%. Average days on market per listings in March was 44 days.

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