How’s the real estate market?
Here are the Greater Edmonton area average prices for July 2024
Averages:
Detached homes $552,000
Semi-detached homes $407,000
Row/townhouses $292,000
Apartment Condominiums $204,000
The Realtors Association of Edmonton reported:
“July’s heatwave didn’t stop home buyers from making the most of the market this month.” says REALTORS® Association of Edmonton 2024 Board Chair Melanie Boles. “The number of sales saw an unexpected bump considering things normally start to taper off after May and June have passed, while the added competition doesn’t seem to have impacted home prices just yet. The lower inventory available is something to keep an eye on, as we’ve seen the effects too little supply has had on prices in other markets.”
The complete RAE’S July 2024 complete market update:
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