Our preliminary monthly report on the Edmonton real estate market for December shows that we ended 2016 in much the same way we normally do. Sales of single-family homes were right in the normal range for December; 392 homes were reported sold in December, up 3.4% from last year. sfsales Condos sales were down slightly from last December; 181 condos were reported sold compared to 184 last year. condosales The average price of single-family homes was down 2.5% from last December to $416,234 while the median price was basically unchanged at $379,900 (it was $380k last year). The average sale price of condos was up 0.9% to $250,358 and the median sale price was down 2.5% to $230,000. averageprice The average price per square foot for single-family homes was down $1 to $273 and condos were up $1 to $231. pricepersquarefoot As always, this is our preliminary report on the Edmonton real estate market, our final report will be posted in a few days when the REALTORS® Association of Edmonton releases their monthly stats. Posted by Liv Real Estate on
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