Ryan Broos

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This is the place where I rant about whatever I like, though I try to keep it mostly Real Estate related. Whether you are looking to by a home in the Edmonton area or anywhere else, I am sure you can find some helpful advice here. Use the sidebar to navigate through my blog to access either my Real Estate section, Market Updates, Home Buying/Selling Tips, Recent Sales, or my Random section where I talk about anything and everything. Feel free to leave comments, I'd love to hear from you!

 

Ryan Broos, Remax Real Estate.

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Allthough April didn't end up being as strong a month as some predicted the Edmonton Area did say many positive signs esspecially when you compare the year over year numbers. Prices as well as the number of sales (demand) are all up. Average Days on Market has once again decreased and is now sitting at 42 days. 

Here is a look at the numbers:

April 2014 (Edmonton Area)                                                                   Monthly/Yearly Change  


Single Family Average Selling Price                      $427,685                      -1.5%/+5.9%

Condominium Average Selling Price                     $251,300                      +1.1%/+2.8%

Duplex/Rowhouse Average Selling Price               $332,443

Average Days on Market                                                42                                   

Residential Inventory at Month End                         4910                          +11.3%/-7.3%

Total MLS Reported Residential Sales                      1983                           

 

Stats obtained from www.ereb.com

Note: Numbers likely to change slightly as sales stats for homes sold in the last few days of the month are not all yet recorded.

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