Real Estate Market Still Ahead of Previous Years in Edmonton in November

The real estate market in Edmonton stayed ahead of previous years in November. 599 single family homes sold in November, compared to 521 last year and 759 last month - the most homes sold in November in at least 6 years.

SFSales
Sales of Single Family Homes in Edmonton

Condo sales were also strong in November and were higher than the past three Novembers. 325 condos sold in Edmonton in November compared to 284 last year and 419 last month.

CondoSales
Sales of Condos in Edmonton

The average sale price of single family homes rebounded in November. Homes sold on average for $415,532 in Edmonton in November, up from $407k last year and $404k last month. The median sale price for single family homes was equal to last month at $369,900 and up from $363k last year.

The average sale price for condos $242,013, up from $231k last year and $233k last month. The median sale price for condos was $220,500 compared to $222k last year and $223k last month. 

AveragePrice
Average Price of Homes and Condos in Edmonton

The average price per square foot for single family homes was $268 in November, equal to last month and up from $256 last year. For condos, the average price per square foot was $238, up from $223 last year and $228 last month.

AveragePricePerSquareFoot
Average Price/Square Foot in Edmonton

As always this is our preliminary report on the Edmonton real estate market, our final monthly report on the greater Edmonton area will be posted when the numbers are released by the REALTORS® Association of Edmonton.

About 

Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara’s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.

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2 Responses to “Real Estate Market Still Ahead of Previous Years in Edmonton in November”

  1. CarterNo Gravatar 03. Dec, 2013 at 1:11 am #

    Awesome to see your market moving upwards! We’re continuing to grow around the same pace you are now in Saskatoon. Let’s hope that the rates continue to be friendly to us and keep the investors and first time home buyers active in the markets.