Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 659 (660, 602, 596)
Sales: 536 (506, 534, 539)
Ratio: 81% (77%, 89%, 90%)
Price Changes: 227 (306, 246, 248)
Expired/Off-Market Listings: 129 (122, 204, 119)
Net loss/gain in listings this week: -6 (32, -136, -62)
Active single-family home listings: 2139 (2036, 1980, 1968)
Active condo listings: 1444 (1424, 1348, 1333)
Homes 4-week running average: $522 ($518, $516, $512)
Condos 4-week running average: $230 ($234, $233, $232)

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Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 660 (602, 596, 610)
Sales: 506 (534, 539, 557)
Ratio: 77% (89%, 90%, 91%)
Price Changes: 306 (246, 248, 254)
Expired/Off-Market Listings: 122 (204, 119, 117)
Net loss/gain in listings this week: 32 (-136, -62, -64)
Active single-family home listings: 2036 (1980, 1968, 1990)
Active condo listings: 1424 (1348, 1333, 1282)
Homes 4-week running average: $518 ($516, $512, $500)
Condos 4-week running average: $234 ($233, $232, $228)

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The Greater Edmonton Area is fortunate to have a diverse and thriving local farmers' market scene, which offers an abundance of fresh, locally grown produce, delicious baked goods, handmade crafts, and so much more. Whether you're a food lover, a supporter of local businesses, or simply looking for a fun outing, Edmonton and surrounding community farmers' markets have something for everyone. Let's explore some of the top farmers' markets in the area:

1.  124 Grand Market

Flagship Westmount Location: 108 Avenue between 123 Street and 124 Street
May 11 to October 5
Thursdays, 4 pm - 8 pm

124 Grand in Oliver: 102 Avenue & 124 Street
June 4 to October 1
Sundays, 11 am - 3 pm

This market is a must-visit destination for those who love all things…

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In April 2024, the Greater Edmonton real estate market was characterized by high demand and record-setting prices. April witnessed a remarkable 54% increase in sales from the previous year, with a total of 3,128 transactions. This surge not only reflects robust demand but also highlights the increased interest in the Greater Edmonton area as a place to live and invest. A critical factor in this seller's market is the stark 1.75 months of supply, substantially below average and the lowest we've seen in April since I've been keeping track in 2008 (the only other times we've fallen below 2 months of supply was in February and March of 2022).

Inventory Dynamics and Market Pressures

With new listings up by 12% over the last year, relief in the tight…

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Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 602 (596, 610, 556)
Sales: 534 (539, 557, 488)
Ratio: 89% (90%, 91%, 88%)
Price Changes: 246 (248, 254, 211)
Expired/Off-Market Listings: 204 (119, 117, 100)
Net loss/gain in listings this week: -136 (-62, -64, -32)
Active single-family home listings: 1980 (1968, 1990, 1997)
Active condo listings: 1348 (1333, 1282, 1241)
Homes 4-week running average: $516 ($512, $500, $499)
Condos 4-week running average: $233 ($232, $228, $227)

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Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 596 (610, 556, 568)
Sales: 539 (557, 488, 419)
Ratio: 90% (91%, 88%, 74%)
Price Changes: 248 (254, 211, 184)
Expired/Off-Market Listings: 119 (117, 100, 141)
Net loss/gain in listings this week: -62 (-64, -32, 8)
Active single-family home listings: 1968 (1990, 1997, 1959)
Active condo listings: 1333 (1282, 1241, 1208)
Homes 4-week running average: $512 ($500, $499, $489)
Condos 4-week running average: $232 ($228, $227, $227)

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Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 610 (556, 568, 541)
Sales: 557 (488, 419, 488)
Ratio: 91% (88%, 74%, 90%)
Price Changes: 254 (211, 184, 171)
Expired/Off-Market Listings: 117 (100, 141, 90)
Net loss/gain in listings this week: -64 (-32, 8, -37)
Active single-family home listings: 1990 (1997, 1959, 1925)
Active condo listings: 1282 (1241, 1208, 1175)
Homes 4-week running average: $500 ($499, $489, $484)
Condos 4-week running average: $228 ($227, $227, $228)

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It's no secret that buying a home in a seller’s market can be extra challenging, but fear not! We’re sharing our top tips so you'll be well-equipped to conquer this exciting but challenging journey. Let's dive in!

1. Work with an Experienced Real Estate Agent

In a competitive market, having an experienced real estate agent by your side is a game-changer. They have the inside track to new listings, can quickly schedule showings, and, most importantly, help you craft a winning offer. Their expertise and negotiation skills will give you the edge in this challenging environment. So, choose an agent who's well-versed in the local market and understands your unique needs.

2. Be Prepared with Financing

In a seller’s market, time is of the essence,…

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Here is our weekly update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New Listings: 556 (568, 541, 536)
Sales: 488 (419, 488, 435)
Ratio: 88% (74%, 90%, 81%)
Price Changes: 211 (184, 171, 185)
Expired/Off-Market Listings: 100 (141, 90, 111)
Net loss/gain in listings this week: -32 (8, -37, -10)
Active single-family home listings: 1997 (1959, 1925, 1845)
Active condo listings: 1241 (1208, 1175, 1159)
Homes 4-week running average: $499 ($489, $484, $483)
Condos 4-week running average: $227 ($227, $228, $228)

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We can't go any further into 2024 without acknowledging what an incredible year 2023 was! At the end of February, we gathered for our second annual Liv Better Day and Awards Celebration. Let me tell you, the energy and spirit were absolutely electric!

At Liv Real Estate®, we cherish and nurture our unique culture, built on genuine connections, unwavering support, and a commitment to uplifting one another. Our team's dedication has truly cultivated an environment of collaboration, inclusivity, diversity, and, of course, outstanding success.  Please join us in celebrating this year's award winners. 

Customer Service Excellence Award: Setting the Bar High

We're overjoyed to recognize the exceptional efforts of our agents who have received the…

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