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EDMONTON REAL ESTATE MARKET WEEKLY UPDATE: APR 1 - 15 2016

We have a lot of catching up to do!

Homes For Sale Edmonton

In today's edition of our weekly market update, we have 2 weeks worth of data that would show the current health of the industry.

Edmonton real estate market update April 1 - 15 2016

April 1 - 8: 

New Listings: 387
Average List Price: $312,046
Average Sale Price: $305,272
Average Sale Price / Sq Ft: $279.33
Average Days on Market: 37
Total Sales: 134

Edmonton real estate market update April 1 - 8 2016

The first week of April showed relative strength compared to the same time from the previous month. New Listings in particular picked-up, hitting the 387 mark, it's the highest this 2016.

Average List & Sale prices was maintained to the normal level of +/- $300k. The highest Average List Price was recorded last Feb 4 - 11 2016 with $341,964. Compared to the figures for Apr 1 - 8, the Average List Price lost $29,918.

Edmonton home sellers took a loss as Average Sale Price/ Sq Ft, Days on Market and Total Sales were in the red.

April 8 - 15: 

New Listings: 383
Average List Price: $304,950
Average Sale Price: $294,714
Average Sale Price / Sq Ft: $282.82
Average Days on Market: 58
Total Sales: 178

Edmonton real estate market April 8 - 15 2016

New Listings, Average List & Sale Prices were full of disappointment for home sellers for the week covering April 8 - 15 2016.

New Listings lost -4 points, Average List Price  had a $7,096 discount and Average Sale Price was down by $10,558 compared to the previous week.

It was all gloomy! Average Sale Price /Sq ft managed to add $3.49 while Total Sales peaked to 178, reaching the highest level this year!

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Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.

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1 Response to "EDMONTON REAL ESTATE MARKET WEEKLY UPDATE: APR 1 - 15 2016"

Serge Bourgoin wrote: We finally have something to cheer about.... the market is starting to show some improvements.

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