Edmonton Real Estate Market – A Recap for May
Hello Edmonton Real Estate – What Is Going On? (A Recap From May)
- 1,771 properties were sold in the Edmonton Census Metropolitan Area (up 18% from April)
- 1,119 single family detached homes were sold in the Edmonton CMA (19% percent increase from April)
- 449 condos and 203 duplex/rowhouses sold (up 5% and 37% from April, respectively)
- $382,695 was the average all-residential price for May (up by over 1% from April)
“While new listings coming onto the market were down this May compared to 2015, inventory continues to remain strong with more than 8,000 residential properties on the market at month’s end,” REALTORS® Association of Edmonton Chair Steve Sedgwick said. “The fact that we haven’t seen a significant decline in prices is giving buyers more assurance. They are making purchases based on market stability and good selection.”
What Is Happening In Your Area – Stats Wise?
We are excited to annouce that we are now launching monthly stats based on region. Central Edmonton Dwellers (Downtown & Oliver) – check out stats specific to this area below. Don’t live in the core? Contact us to get updated on what’s happening in your hood. 
