May 2019 Edmonton Real Estate Market Statistics
Ready for June? Here are this months market updates for areas and communities under the REALTORS Association of Edmonton.
In their latest monthly market report, total residential sales have seen a year-over-year increase of 4.04% from May 2018. Sales of single-family homes have increased by 2.64% year over year. Condo sales have decreased by 0.42% since May of 2018. Duplex and townhouse sales have increased by 14.36% year over year. All residential listings have increased 7.22% from last month but have decreased by 12.17% from May of 2018.
REALTORS® Association of Edmonton Chair Michael Brodrick says “Month over month increases are typical at this time of year when more people are looking to sell and buy homes. This year is no different, but we have experienced an increase in overall residential sales from May of last year.”