The City of Edmonton has released figures that single family homes have went up in value 9% from July 1, 2009 to July 1, 2010. The truth is that the average sale price for a single family detached home went up 6%. Here is the real increase based on sales data from the REALTORS® Association of Edmonton. Average Sale Price SFD in Edmonton: June 2009 $382,495 June 2010 $406,050 = 6% increase The City of Edmonton has also come out with figures showing condos have went up 6%. Again here is the real DECREASE based on sales data from the REALTORS® Association of Edmonton. Average Sale Price Condo in Edmonton: June 2009 $244,411 June 2010 $238,858 = 2.3% DECREASE Just to be clear, the City numbers are SFD 9% increase and Condo 6% increase. Real sales data numbers show SFD only a 6% increase...
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