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Jason Thomas BCom
Royal Lepage Summit Realty
2611 Ellwood Dr S.W., Edmonton, Alberta
P: 780.499.5696
F: 780.431.1600

Thursday, December 23, 2010 - Edmonton Real Estate market update November 2010

Overall the market has some positive signs in November. We sold 1120 properties this month. To give some perspective here are previous November's sales:

Nov 2009 1261 solds
Nov 2008 891 solds (Financial crisis period)
Nov 2007 1223 solds
Comparing 1120 sales to previous years we are right on the average of the previous 3 years of 1125 sales. The sales were actually higher in November than in October. That is another positive sign.

November new listings were 1860. Again looking at previous Novembers:

Nov 2009 1894 new listings
Nov 2008 2036 new listings
Nov 2007 2729 new listings
The new listings for the month are lower than the previous 3 year average of 2220 new listings.

Prices did slip for Single Family and Condos. Duplex and rowhouses went up in November

Single Family $362,656 down
Duplex/Rowhouse $318,604 up
Condos $229,603 down
Prices normally do slip in the fall, so no surprise here. The number of homes for sale has dipped under 7000 to 6982.

posted in Metro Edmonton Real Estate market stats at Thu, 23 Dec 2010 18:35:25 +0000



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Data last Updated: 2024-07-12 at 11:16:08 GMT America/Edmonton
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