Canadian real estate association stats. Edmonton Real Estate
Posted by MaxWell Realty Admin on
MLS® system sales up over 11 per cent in 2014
Sales of residential property through the Edmonton Multiple Listing Service® (MLS®) System in 2014 in the Edmonton CMA were over 11 percent higher than in 2013, exceeding growth expectations by a large margin. This increase was reflected across all property types including a 9.8 per cent increase in sales of single family detached properties, an over 11 per cent increase in condo sales and a 25.4 per cent increase in duplex and row house sales. There were 18,991 residential sales reported in 2014 as compared to 17,077 in 2013.
Prices were also up compared to 2013, with single family homes finishing the year 5.6 per cent higher over last year at an average of $432,713. For 2014, the average…
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