September Condo Market Report
The Edmonton condo market stays stable. Prices are moderate and sales volume continues to grow at impressive levels.
Condo sales prices climbed slightly for September 2023 at an average price of around $214,000. This is 1% up over the same month last year. It’s worth noting that sales values are trending LOWER than the previous 2 years due to the very sluggish start to the year.
There were over 530 condos sold in September compared to less than 385 units sold in September 2022. This represents an increase in volume of 39%. This is the fifth consecutive month of volume sales growth.
Days on Market
Condos sold for an average days on market of only 49 days. This is…
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