How’s the real estate market?
Average prices in Greater Edmonton area for December 2023:
Detached homes averaged $489,392
Semi-detached homes averaged $364,115
Row/townhouses averaged $260,959
Apartment Condominiums averaged $170,408
The Realtors Association of Edmonton reported:
“Total residential average prices came in at $388,637, a 2.0% increase from November 2023, and a 3.5% increase from December 2022. Detached homes averaged $489,392, amounting to a 3.7% year-over-year increase, a 2.1% increase from November 2023. Semi-detached sold for an average of $364,115, resulting in a 1.6% increase year-over-year, and a 0.5% increase from the previous month. Row/townhouse prices were down 4.0% from November 2023 and increased 9.9% when compared to December 2022, selling at an average of $260,959. Apartment Condominium average prices hit $170,408 showing decreases of 0.4% from last month and 5.2% from last year.”
RAE’s December 2023 complete market update can be found at:
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