Allthough April didn't end up being as strong a month as some predicted the Edmonton Area did say many positive signs esspecially when you compare the year over year numbers. Prices as well as the number of sales (demand) are all up. Average Days on Market has once again decreased and is now sitting at 42 days.
Here is a look at the numbers:
April 2014 (Edmonton Area) Monthly/Yearly Change
Single Family Average Selling Price $427,685 -1.5%/+5.9%
Condominium Average Selling Price $251,300 +1.1%/+2.8%
Duplex/Rowhouse Average Selling Price $332,443
Average Days on Market 42
Residential Inventory at Month End 4910 +11.3%/-7.3%
Total MLS Reported Residential Sales 1983
Stats obtained from www.ereb.com
Note: Numbers likely to change slightly as sales stats for homes sold in the last few days of the month are not all yet recorded.