One market.
Different price signals.
A quick read on September activity across Edmonton residential real estate.
AVERAGE SELLING PRICE
$435K
MONTH OVER MONTH
↓ 0.4%
YEAR OVER YEAR
↑ 3.5%
BENCHMARK PRICE
$402K
↓ 1.5% M/M · ↓ 1.8% Y/Y
MEDIAN SALE PRICE
$415K
0.0% M/M · ↑ 1.2% Y/Y
INVENTORY
5,999
4.6 months of inventory
NEW LISTINGS
2,731
↑ 6.3% M/M · YTD 24K, ↑ 9.5% Y/Y
SALES
1,299
↓ 8.8% M/M · YTD 13K, ↓ 10.5% Y/Y
MORE CHOICE. FEWER SALES.Inventory rose as sales eased, while prices varied by property type.
BENCHMARK BY PROPERTY TYPE
SINGLE FAMILY
$513K
↓ 1.8% M/M
↓ 1.4% Y/Y
TOWNHOUSE
$267K
↓ 0.5% M/M
↓ 4.8% Y/Y
APARTMENT
$190K
↓ 0.8% M/M
↓ 1.9% Y/Y