March 2019 Edmonton Real Estate Stats

Posted by Rod Thompson on Wednesday, April 3rd, 2019 at 12:30pm

Unit Sales Up From February 2019

Comparing to last month all unit sales up across all categories. Year to date sales were down 13.19% compared to March 2018. 

Average unit prices rose last month, relative to February, but are down slightly from March 2018.

 Single Family Homes

  • Average price was $423,451 decreased 1.5% from last month.
  • Highest priced single family home sold at $2,985,000.
  • Average days on market was 66 days. 

Condos

  • Average price was $213,856.
  • Highest priced condo sold at $629,900.
  • Average days on market for condos was 77 days. 

Duplex/Rowhouses

  • Average price was $334,440.
  • Highest priced duplex/rowhouse sold at $609,250.
  • Average days on market for duplex/rowhouses was 65 days. 

The spring months typically bring increased selling activity in the market. Inventory is currently up 11.71% from February, but down 0.68% from March 2018. 

If you have any more questions in regards to the Real Estate market in Edmonton please do not hesitate to contact us. 

*Source - REALTORS® Association of Edmonton.

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