The Caernarvon Edmonton real estate average sale price per square foot has moved fairly closely with the Edmonton average selling price per square foot. In the most recent quarter, Caernarvon has dropped, but I don't expect this pattern to continue. Over the last 3 years, the Caernarvon neighbourhood in Castledowns has been within $5 to $10 per square foot of the Edmonton average sold price per square foot. And, Caernarvon likely will bounce back in the coming quarter. The highest sale price for a home in Caernarvon in 2012 has been $407,500. The highest sale price in Castledowns in 2012 has been $750,000. The average time to sell a home in Caernarvon has been 42 days, in the whole Castledowns area the average days on market has been 44 days in 2012. That is very close to the Edmonton average days on market year to date of 45.
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