Real Estate in Edmonton is Busy - What is your home worth now?
Mid-year housing sales up 9.8% over last year
Edmonton, July 3, 2014: Sales of all types of residential property in the Edmonton Census Metropolitan Area (CMA) were up almost ten percent as compared to the same mid-year point in 2013. According to the REALTORS® Association of Edmonton there were 11,595 residential properties sold this year through the local Multiple Listing Service® (MLS®) compared to 10,556 sold by June 30, 2013. Prices also rose year-over-year; the value of sold property increased 15.3% from $3.6 billion to $4.2 billion.
In June, the average price of a single-family detached (SFD) property in the CMA dipped 0.7% to $435,534 month-to-month. The all-residential average price was $371,839; down 0.2% from May. Throughout the CMA, the average price for a condominium rose 0.6% from May to $254,182.
“The average price has been fairly stable this year with ...