The REALTOR® Association of Edmonton is reporting a 27.6% decrease in month-over-month sales from November to December. Total sales in December hit 1319 compared to 1823 the month before. The average price declined slightly month-over-month, down 0.6%, and now sits at $382,000. Both months of inventory and days on market rose month-over-month, now sitting at 3.4 and 52 DOM, respectively.
Other RAE Highlights:
Total sales from January to June (Q1 & Q2) totaled 13,551 while total sales from July to December (Q3 & Q4) totaled 11,155.
Year-over-year average price rose to $385,000 in 2021 from $363,000 in 2020.
About Don Cholak
