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House prices hobart road cambridge. At the beginning of 2019 royal lepage predicted house prices in metro edmonton would drop 24 in 2019 while the royal bank forecast a 11 rise in alberta prices. Transactions are also back to pre covid 19 levels and the region continues to see multiple offer situations with sellers market like activity in various neighbourhoods and property types. In the end these forecasters were wide of the mark.
The average selling price for all edmonton homes in march was 357316 a drop of more than five per cent from 377145 in march 2018. Below youll find statistics on residential listings in edmonton and surrounding communities updated every day from the mls including the average price average days on market average price reduction average price of homes by bedroom and more. The edmonton housing market experienced a drop in sales activity at the peak of covid 19 lockdowns in april and may but june saw activity 14 above the levels experienced in 2019.
Current edmonton mls stats indicate an average house price of 372072 and 1393 new listings in the last 28 days. In edmonton the average house price down by 02 in august 2020 compared to the same month of the previous year. Photo by postmedia file perry mahqmi agency.
Edmonton real estate market statistics. As of today edmonton housing data shows median days on market for a home is 42 days. The average house price in edmonton is 322700.
September 2020 update and 2021 forecast wowa fibermanualrecord trusted and transparent september continues edmontons return to year over year growth with a 1 yoy increase in average sold prices and a 24 yoy increase in home sales in the month. House prices in edmonton and calgary are estimated to decrease or stay the same respectively in 2019 when compared with 2018. 2021 metro edmonton home price forecast at the beginning of 2019 royal lepage predicted house prices in metro edmonton would drop 24 in 2019 while the royal bank forecast a 11 rise in alberta prices.
With an excess of houses up for sale the edmonton housing market forecast hints at slower sales and lower prices.
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