Monday, July 6, 2009

Downtown and Oliver Condos Market Update

Great month for Edmonton real estate, and especially for condos in Downtown area. The average price per sq.foot for Oliver and Downtown has increased by 4.23% in June, with 97 condos sold under 500K and 7 above that price. The average list price was 270,925 / 295 per sq.foot and sold price 260/396 / 284 per sq,foot with DOM of 53 and sold-to-list ration of 96%. The inventory has decreased by 4.2% and the absorption rate stood at 3.19 with 332 condos available and 104 total sales in June.

Downtown and Oliver Condos under 500K - sold price per sq.footTotal number of condos under 500K sold in Oliver and Downtown

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