INFOGRAPHICS: July 2019 RAE Edmonton Market Reports

It’s time for our monthly updates again, and it looks like RAE is going into the third quarter of the year on a positive note. Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

As noted in their latest market update, July’s residential unit sales are up 11.49% year over year. While sales rose, the number of new residential listings dropped 10.01% from July 2018, and overall inventory in the Edmonton CMA dropped 13.58% from July of last year.

All residential average prices decreased to $366,344, a drop of 1.70% from July 2018, and are virtually unchanged from June 2019. Single family homes sold for an average of $429,717, a 1.91% year-over-year drop from July 2018, but a 1.37% increase from June 2019. Condominiums sold for an average of $222,911, a 10.3% drop year-over-year, and a decrease of 6.59% from the previous month. Duplexes dropped 2.80% from last year to $333,317, which was a 1.63% decrease from the previous month.

The following data is a comparison between July 2018 and July 2019 numbers, and is current as of August 2019.

For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton inforgraphics.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )