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So Far So Good for June 2011

Well a quick analysis of the June 2011 Edmonton Real Estate Board's Month to Date figures shows that as of June 15, 2011 804 residential ( single family homes, single family condo's, duplex / row house / and other residential ) units had sold and the average sales price was $331,492. If this pace were to continue, we would to break the 1,600 unit mark for the entire month and thereby exceed June 2010's 1,539 units sold although we would still be below the June 2010 residential average sale price of $335,397. Not too bad when you also consider our January residential average selling price was $310,766 therefore the Edmonton residential average selling price has increased 7.9% since the beginning of the year and the unit sales have nicely increased month over month. Good news for Edmonton Real Estate!!

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