October finished stronger than it started. We sold 1077 homes and listed 2269. The inventory came down to 7689, this is mainly due to the homes that failed to sell (in the 1700 range) as the new listings greatly outnumbered the sales this month.
Here is where average prices ended up:
- Single Family $365,691
- Duplex/Rowhouse $292,214
- Condos $235,893
I will update the numbers once we receive the official stats from The REALTORS® Association of Edmonton.