Compare Listings

The Story Behind the Stats: September 2018

The Story Behind the Stats: September 2018

There are many markets in the Edmonton area… The latest statistics released by the Realtor Association of Edmonton reports that the number of residential properties sold is up 1.89% this August compared to August of last year.  But when you look closer, that average is made up of a 6.15% increase in single family sales, a 14.67% decrease in duplex/rowhouse sales and almost no change in condo sales.  Similarly, average price decreased 2.3% for all residential sales comparing Aug/18 to Aug/17.  But this statistic combines a decrease of 3.23% for single family, a 6.9% decrease for duplex/rowhouse and almost no change in condo sales prices.  And within each of these markets are many sub-markets depending on price range, neighbourhood, and location within the neighbourhood. Having a REALTOR® in your corner to dig deep into your market has never been more important.

Download the latest issue of THE SCHMIDT REPORT HERE!

Spread the love
img

Schmidt Realty Group

Related posts

Congratulations, your house is PENDING! Now what?

By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. If you’ve ever sold a home, you’ll...

Continue reading
by Schmidt Realty Group

Neighborhood Profile: Ormsby Place

"Ormsby Place was named in recognition of A. W. Ormsby (1869-1961) who introduced the present grid...

Continue reading
by Schmidt Realty Group

The Stories behind the Stats: Sep 2023

https://youtube.com/shorts/S05_bKU_-ng What's the pace of the Edmonton market?... One of the best...

Continue reading
by Schmidt Realty Group