At the end of the first half of the year, housing prices in all residential categories are up from the same time last year. On average1, residential prices in Edmonton & surrounding areas are 3.2% higher than June of last year. The all-residential average price was $342,014 in June while single-family detached homes sold for $393,471, up 3.7% year-over-year.
“Our market continues to be robust and housing prices are higher than they were last year,” said REALTORS® Association of Edmonton President Doug Singleton. “We expect that, although prices will, as usual, slide gradually over the next six months, they will continue to be higher than they have been in the past two years or the five year average.”
The median3 price for a single family detached home