Ben Officer-REALTOR®

Edmonton Real Estate - St Albert Real Estate

Buy or Sell the Right House at the Right Time!!!

  • Ben Officer: (780) 266-4418
  • Office: (780) 457-3777
  • Fax: 1-877-744-5518
  • Toll-free: 1-888-465-7118
  • Email: Info@RightHouseRightTime.com
  • A Commissioner for Oaths in Alberta
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Tuesday, October 6, 2009

Edmonton and area Home prices increase again in September

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The Edmonton, St Albert, and area real estate market has been steadily moving along in September.

The average price of a single family home increased by about $5000 and condominiums increased by about $3000.

This defies the expectation that condo prices should be going down with the increased number of available units.

The average days on the market went down to 44 days from 48 days in August, and the Sales to Listing ratio went up to 66 from 64 in August.
 

I think the market has been doing better than a lot of people thought it would.

 

Here is the chart comparing the months average prices, so far for 2009.

 

 Average Single Family Home and Condominium Prices for

 

 

I also found this article in the Edmonton Journal that would be a good read to.

Its at: http://www.edmontonjournal.com/business/Resale+housing+still+rebound/1999300/story.html

 

Ben Officer, CD  REALTOR®

RE/MAX Real Estate

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                                                            ***  The author of this blog, Ben Officer, is a licensed REALTOR® in the province of Alberta. The opinions expressed within this blog are those of the author and are simply that, opinions. The views expressed in this blog are not intended to advise you, as your needs may differ depending on your particular situation. The information provided in this blog is not guaranteed to be accurate and is subject to change at any time. For legal advice/information, please consult a lawyer. For mortgage advice/information, please contact a licensed Mortgage Associate. For tax advice/information, please consult an accountant. For investment advice/information, please contact a financial advisor.  ***                                             Blog Disclaimer -   The information contained within this blog and posted by the author is believed to be true but cannot be guaranteed to be so. The author of this blog takes absolutely no responsibility for the comments posted by third parties on this blog.
Ben Officer-REALTOR®
RE/MAX REAL ESTATE
#102, 12650 - 151 Avenue
Edmonton, AB
T5X 0A1 Canada
Ben Officer:(780) 266-4418
Office:(780) 457-3777
Fax:1-877-744-5518
Toll-free:1-888-465-7118
Email: Info@RightHouseRightTime.com
A Commissioner for Oaths in Alberta