Edmonton Market Summary for July 2016:
July was a pleasant surprise for home sellers in Edmonton. After witnessing a slight decline in June home sale values, prices jumped back up significantly in July 2016. Sales volume remains lower and it’s still taking longer to sell a home however.
Home sellers across Edmonton enjoyed a 4% uplift in values compared to the same period last year. Homes sold for an average price of $387,916 compared to $373,809 in July 2015, or $14,107 more.
Days on Market
In July it took on average 52 days to sell a home compared to only 49 days last year. We have seen this gap shrink as the year has progressed.
Only 228 fewer homes Edmonton homes sold in June 2016…
1381 Views, 0 Comments