Although inventory dipped, home prices and sales increased in December of 2023!
Home Prices
December’s home prices increased by 2% compared to November and 3.5% compared to December 2022. The average sales price for the month reached $389,000.
Sales and Inventory
While inventory dipped by just over 17% compared to 2022, sales rose by 27.8% from the previous year.
Data provided by REALTORS® Association of Edmonton. For more information, visit their website.