Edmonton Real Estate Market Update For January 2014
Posted by Chris Proctor on
Not too much is out of the ordinary for the Edmonton real estate market update for January 2014. With a 10% increase in sales from the previous month, it seems that we are breaking the post-Christmas sales slump tradition.
Price stability and more property available for sale this month has resulted in a more balanced market with buyers and sellers being given more time to consider all of their options for housing needs. The average days on market dropped nearly two weeks to 61 days (down from 73), which is even more impressive when you consider the fact that there have already been four property sales over $1 million this year already.
Check out some of the highlights from the Edmonton real estate stats for January 2014 in the infographic below.
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