Follow me on Twitter Become a fan on FaceBook Connect with me on LinkedIn Read my Blog

Melody Kilbank

Call Direct 780-893-9987



Archive for August, 2021

July Market Still Favored Sellers!

Saturday, August 14th, 2021

July 2021 was setting all kinds of heat records here in the City of Edmonton. The Sellers market also continues to be hot and has been for the last 11 months.

Here’s what our numbers looked like for July 2021

All residential sales is sitting in a sellers market with 4 months of inventory. Average price is up by 6.2% year over year and down 2.2% month over month.

Single family sales is in a sellers market with 3 months of inventory. Average price is up 6.4% year over year and down 3.1% month over month.

Condominium sales is in a buyers market with 6.6 months of inventory. Average price is up 9.2% year over year but down by a mere .5% month over month.

Duplex/Rowhouse sales is in a sellers market with 2.6 months of inventory. Average price is up 6.0% year over year and up by 1.5% month over month.

Houses are in the greatest demand and duplex rowhouses are showing the most positive stable pricing for the month. I observe the annual July decrease in pricing as people are going away on vacation and not thinking about their real estate investment. Especially after the pandemic, people just want to get out of town.

For any kind of professional, residential representation, please call or pass my name and number onto someone you know!

Referrals are always appreciated!

All about you. Really.

Melody Kilbank, RE/MAX Real Estate
102-12650 151 Ave, Edmonton, Alberta, T5X 0A1
Tel: 780-457-3777 Cell: 780-893-9987 Fax: 780-457-2194
© Copyright 2014, Real Estate Websites by Redman Technologies Inc. | Privacy Policy | Sitemap

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
MLS® MLS REALTOR® Realtor