EDMONTON REAL ESTATE MARKET UPDATE – MARCH 2017

    Signs of Improvements in the Market as Days on Market Drops and Increased Sales

    Here is a quick look at the Edmonton Real Estate Market by the numbers:

    All Listings in Edmonton 

    • 4506 Active Listings (up 373)
    • 68 Days on Market for Active Listings (down 9 days)
    • 824 Sold (up 47%)
    • $421,774 Average List Price (up 1.8%)
    • $362,819 Average Sold Price (down 1.7%)
    • 96.9% List Price to Sale Price Percentage (holding steady for the last 3 months)
    • 5.47 Months of Inventory (down 2 months)
    • 62 Average Sold Days on Market up (down 15 days)

    All Condo Listing in Downtown Edmonton (Zone 12)

    • 217 Active Listings (up 21 listing)
    • 56 Days on Market for Active Listings (down 9 days)
    • 32 Sold (up 28%)
    • $367,797 Average List Price (down 2%)
    • $265,465 Average Sold Price (down 22%)
    • 96.3% of List Price to Sale Price Percentage (up 0.44%)
    • 6.8 Months of Inventory (down 1.5 months)
    • 61 Average Sold Days on Market (down 8 days)

    Stay tuned for our market update video!

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