Summer in Edmonton has officially come and gone. The leaves have turned, and the air is crisp. What we do still have from the summer months, though, are the market statistics! Let’s have a look at some August market numbers for the City of Edmonton.
Home Prices
In August, we saw an average all-residential selling price of $384,000. The year-over-year number saw a 3.4% increase.
Sales and Inventory
August produced 1,430 real estate sales, which is approximately 6.9% less than July’s stats. However, the year-over-year percentage sits at 13.3%—the inventory for August clocks in at 6,059.
Conclusion
We saw year-over-year increases in sales and prices for August.
