How’s the real estate market?

Here are the Greater Edmonton area average prices for September 2024

Averages:

Detached homes $553,000

Semi-detached homes $413,000

Row/townhouses $293,000

Apartment Condominiums $200,000

The Realtors Association of Edmonton reported:

“As the nights get longer, so do the days on market in real estate,” says REALTORS® Association of Edmonton 2024 Board Chair Melanie Boles. “Not even cuts to interest rates can keep our market going at the hectic pace it’s been at this summer. We’re now seeing the usual slowdown, but also the continuation of elevation in home prices due to competition over lower inventory.”

Read the complete September 2024 RAE’S market update article:

https://realtorsofedmonton.com/statistic/no-slump-in-edmontons-property-market-as-numbers-begin-to-cool/

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