January 2010 Edmonton real estate market update - 02/09/10 11:11 PM
Well 2010 started out soft, it definitely didn't start with a bang.  The sales were just above last years' numbers.  The major points are here:
1) JANUARY sales were low (884).  We did exceed the 730 sold in January 2009.
2) The listing Inventory level is much lower than last year.  Our current inventory is 4864 properties, in Jan 2009 the level was 6573.
3) Months of inventory has moved up to 5.5 (still a sellers market, as it is under 6)
4) SFD Prices Flat, CONDOS prices are falling
5) Days on market average was 57,  up from 50 in December 2009. But, much … (1 comments)