Edmonton real estate market shows strength
Edmonton Real Estate Market
In contrast to what is occurring in real estate markets worldwide, Edmonton Alberta has seen home sales increase year over year. Charlie Ponde, president of the REALTORS® Association of Edmonton, points to a 5.3% increase in Edmonton home sales compared to 2008.
Edmonton Real Estate information
“On balance, given the recent unbelievable strength in the Canadian housing market, the modest downshift in sales in August should not be seen as anything other than a brief respite in what has been a remarkable recovery in the sector,” said TD Securities economics strategist Millan Mulraine.
Edmonton MLS Data
Highlights of MLS® System activity
| September 2009 activity | Record for
the month* |
% change from September 2008 |
| Total MLS® System sales this month | 1,911 | -0.80% |
| Value of total MLS® System sales – month | $633 million | -0.30% |
| Value of total MLS® System sales – year | $5.61 billion | -0.40% |
| Residential¹ sales this month | 1,704 | -1.45% |
| Residential average price | $327,235 | 0.70% |
| SFD² average selling price – month | $371,947 | 2.70% |
| SFD median³ selling price | $349,900 | 1.20% |
| Condo average selling price | $245,546 | -2.70% |
