Carl Phin & Kim McLeod

1,364 properties were sold in the Edmonton Census Metropolitan Area (CMA) in March, up nearly 63 per cent from the 837 homes sold last month, but down 6.13 per cent from the 1,453 relative to March 2015. There were 863 single family detached homes sold in the Edmonton CMA, a 67 per cent percent increase month-over-month, and down only 1.5 per cent from the same time last year. March saw the sale of 335 condos and 144 duplex/row houses, up 44 per cent and 82 per cent from February, respectively. 

 

 

“Sales, relative to last month, were consistent with the seasonal trends that we expect,” REALTORS® Association of Edmonton Chair Steve Sedgwick explains. “Inventory is growing, with more than 3,000 properties coming onto the market last month. Despite the inventory growth, prices are holding steady, with median prices on par with last year, and average prices up slightly due to the sale of high-end luxury homes in March.”   

 

The...

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.