Edmonton Condo Market: Weekly Update - Part 2
November 24, 2008 · Filed Under Edmonton Condo Market, Weekly Condo Stats
Judging from condo sales this past week it appears that the market held fairly steady in Edmonton but not so well in the surrounding areas of St. Albert, Spruce Grove, Stony Plain, Leduc, Beaumont, and Sherwood Park. Sales in Edmonton were up 19% over the week before (50 vs. 42), while the surrounding communities saw less than half the number of sales from the previous week.
After collecting data on Edmonton condo sales in the past 60 days (Sep 22 - Nov 20) we can see that the overall sold price / sq ft in seems to have stabilized somewhat - the noticeable exception being the price of Edmonton high rise condos.
Below is the complete Edmonton condo sales stats from September 22 to November 20.
| Sold Past 60 Days (Sept 22 - Nov 20) | Sold | Avg. Sales Price | Avg. SqFt | Price / SqFt | Avg. Days on Market |
| Edmonton | 578 | $238,353 | 1018 | 234 | 64 |
| High-Rise | 75 | $276,286 | 939 | 294 | 71 |
| Low-Rise | 292 | $219,331 | 925 | 237 | 65 |
| Townhome | 211 | $249,842 | 1176 | 212 | 61 |
| Surrounding Area | 87 | $266,313 | 1201 | 221 | 65 |
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