Monday, May 3, 2010

Downtown & Oliver Real Estate Market Update

70 condos have sold through the MLS® System in Oliver and Downtown in April of 2010, that is 23% more than last month and 10% less than in April of 2009, ranging in price from 116,000 to 1,280,000. The price per square foot was down by 0.4 percent and 8.1 % higher compared to April of last year. The average sold price was 297,970 / 295 per sq.foot and list price 308,310 / 305. The inventory was up from 325 condos to 342, with 298 condos available under 500K. Current days on market have increased to 50 from 39 days and sold to list price ratio stands at 96%, one percent lower than compared to last month.

Average sale price per square foot
Number of condo sales in Oliver and Downtown Edmonton
Data provided by REALTORS® Association of Edmonton

Created by Derek Hulewicz, REALTOR®

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