The last month of 2022 has come and gone; let’s have a look at the real estate market stats in Edmonton for December 2022!
Home Prices
The average sales price for December came in at approximately $350,000, which is 4.2% less compared to November 2022 and a decrease of 7.5% compared to December 2021.
Sales and Inventory
The sales for the month dipped by 26.2% compared to last December, coming in at 712. The inventory sits at 3,913, which is 10.2% more than 2021.
Conclusion
While there are still dips in home prices and sales, the inventory compared to 2021 significantly increased.
Data provided by REALTORS® Association of Edmonton. For more information, visit their website.
