Edmonton Housing Market Experiences Record Breaking Sales in June!
Last month was the busiest June ever with 2,552 homes changing hands!
Only two months on record (May 2006 and May 2007) had more sales than June 2009!
Only two months on record (May 2006 and May 2007) had more sales than June 2009!- The Realtor Association of Edmonton reported that homes sold in an average of just 49 days in June, while SCHMIDT lisitngs sold in just 18 days on average!
- Inventory took a leap down! There were only 6,785 homes for sale on June 30th. This is the first month-end since January 2009 with less than 7,000 homes for sale.
- There is now less than a 3 month supply of properties for sale in the Edmonton area.
Read our Market Report and the Realtor Association of Edmonton News Release for more details.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
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