August Real Estate Market Statistics

Average
Sale Price

Sale prices across all marker sectors continue to fall. This could be felt in showing request volume as it slowed down near the end of August which can be attributed to both the increase in B.O.C rate hikes as well as families putting a greater emphasis on enjoying the last of their summer holidays.

I would anticipate these decreasing prices to level out now being on the other side of September Long.

Single Family

$469,757

Condominium

$220,051

Duplex

$360,570

Average
Days on Market

Cause and effect. Decreased sale prices is a product of lengthened days on market and all three sectors are seen to have sat a little longer than July. Again, would anticipate this leveling out in September.

Single Family

37 Days

Condominium

54 Days

Duplex

37 Days

Highest Sale

Highest sale goes towards a stunning custom build in Crestwood as the city continues to embrace new construction near the River Valley core. Highest condo is a three bedroom/two bathroom luxury apartment in Strathcona.

Single Family

$2,838,115

Condominium

$840,000

Duplex

$835,000

Total Listings
& Sales

Decreased listings leads to decreased sales as Summer comes to a close. It is normal for these numbers to slow down at end of summer and pick around mid fall.

Total Listings

3,156

Total Sales

1,808

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