The Stories Behind the Stats: March 2019
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by Schmidt Realty Group
- March 13, 2019
- Real Estate
- 0
The cooling condo market and what it means for buyers and sellers…
It’s true that overall the condo market has slowed, with just 485 units selling January and February in the Edmonton CMA (Census Metropolitan Area) this year, versus 568 for the same period last year. That’s a 14.6% decrease! Year-to-date median price for condos is down from $218,875 in 2018 to $215,500 in 2019. But, as we’ve said before, that doesn’t tell the whole story…
Watch this month’s Schmidt Report Video here: https://youtu.be/dLHU-EM_NnQ
Download this month’s Schmidt Report for a quick look ahead at anticipated results for Edmonton area real estate in 2019.
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