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JULY 2016 CITY OF EDMONTON REAL ESTATE MARKET UPDATE

The July 2016 real estate market report is out. We wanted to keep our clients and friends up to date with the latest information.

Here are some of the highlights:

  • The all residential average sale price continues to remain strong at $384,504 up almost 2% over the previous month and over 3% from July 2015.
  • Single family homes experienced an increase in average price of over 3% from both the previous month and year.
  • Days on the market increased slightly year over year,  but only by a few days on average.

The graphic below should give you some idea of the market overall, but as always, what your home is worth and how long it will take to sell is a SPECIFIC question that requires a SPECIFIC answer. Call us today and we will answer any question that you have about the value of your or other real estate market conditions. 

LOOKING TO SELL? We are here to assist you.

For more from Team Leading Edge, follow the team on Twitter at @teamleadingedge. Make sure to subscribe to Team Leading Edge to get newsletters on the Edmonton Real Estate market.

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

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