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

New Listings: 342 (345, 423, 487)
Sales: 202 (216, 230, 274)
Ratio: 59% (63%, 54%, 56%)
Price Changes: 246 (297, 327, 378)
Expired/Off-Market Listings: 245 (278, 292, 605)
Net loss/gain in listings this week: -105 (-149, -99, -392)
Active single-family home listings: 3118 (3161, 3226, 3236)
Active condo listings: 1852 (1884, 1912, 1939)
Homes 4-week running average: $450 ($446, $442, $447)
Condos 4-week running average: $205 ($201, $205, $208)

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

New Listings: 345 (423, 487, 412)
Sales: 216 (230, 274, 271)
Ratio: 63% (54%, 56%, 66%)
Price Changes: 297 (327, 378, 467)
Expired/Off-Market Listings: 278 (292, 605, 266)
Net loss/gain in listings this week: -149 (-99, -392, -125)
Active single-family home listings: 3161 (3226, 3236, 3413)
Active condo listings: 1884 (1912, 1939, 2080)
Homes 4-week running average: $446 ($442, $447, $456)
Condos 4-week running average: $201 ($205, $208, $209)

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

New Listings: 423 (487, 412, 519)
Sales: 230 (274, 271, 273)
Ratio: 54% (56%, 66%, 53%)
Price Changes: 327 (378, 467, 449)
Expired/Off-Market Listings: 292 (605, 266, 325)
Net loss/gain in listings this week: -99 (-392, -125, -79)
Active single-family home listings: 3226 (3236, 3413, 3469)
Active condo listings: 1912 (1939, 2080, 2119)
Homes 4-week running average: $442 ($447, $456, $458)
Condos 4-week running average: $205 ($208, $209, $209)


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

New Listings: 487 (412, 519, 433)
Sales: 274 (271, 273, 242)
Ratio: 56% (66%, 53%, 56%)
Price Changes: 378 (467, 449, 416)
Expired/Off-Market Listings: 605 (266, 325, 295)
Net loss/gain in listings this week: -392 (-125, -79, -104)
Active single-family home listings: 3236 (3413, 3469, 3477)
Active condo listings: 1939 (2080, 2119, 2121)
Homes 4-week running average: $447 ($456, $458, $460)
Condos 4-week running average: $208 ($209, $209, $213)

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In October, the benchmark price for single-family homes in the Greater Edmonton Area dropped back to where it was about a year ago ($429,100 is down 0.3% from last October). Sales have cooled off to pre-pandemic levels in the Edmonton area, but the market hasn't cooled off nearly as much as in other parts of the country. The Calgary market is seeing a similar pullback in sales, while their prices are still higher than last year - detached homes in Calgary are nearly 12% higher than last October.  CREB® Chief Economist Ann-Marie Lurie summed it up perfectly: 

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product. While our city is not immune to…

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

New Listings: 412 (519, 433, 576)
Sales: 271 (273, 242, 245)
Ratio: 66% (53%, 56%, 43%)
Price Changes: 467 (449, 416, 482)
Expired/Off-Market Listings: 266 (325, 295, 630)
Net loss/gain in listings this week: -125 (-79, -104, -299)
Active single-family home listings: 3413 (3469, 3477, 3520)
Active condo listings: 2080 (2119, 2121, 2147)
Homes 4-week running average: $456 ($458, $460, $459)
Condos 4-week running average: $209 ($209, $213, $209)

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

New Listings: 519 (433, 576, 514)
Sales: 273 (242, 245, 278)
Ratio: 53% (56%, 43%, 54%)
Price Changes: 449 (416, 482, 479)
Expired/Off-Market Listings: 325 (295, 630, 287)
Net loss/gain in listings this week: -79 (-104, -299, -51)
Active single-family home listings: 3469 (3477, 3520, 3693)
Active condo listings: 2119 (2121, 2147, 2287)
Homes 4-week running average: $458 ($460, $459, $457)
Condos 4-week running average: $ 209 ($213, $209, $215)

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

New Listings: 433 (576, 514, 563)
Sales: 242 (245, 278, 287)
Ratio: 56% (43%, 54%, 51%)
Price Changes: 416 (482, 479, 513)
Expired/Off-Market Listings: 295 (630, 287, 334)
Net loss/gain in listings this week: -104 (-299, -51, -58)
Active single-family home listings: 3477 (3520, 3693, 3708)
Active condo listings: 2121 (2147, 2287, 2285)
Homes 4-week running average: $460 ($459, $457, $461)
Condos 4-week running average: $213 ($209, $215, $214)

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

New Listings: 576 (514, 563, 633)
Sales: 245 (278, 287, 317)
Ratio: 43% (54%, 51%, 50%)
Price Changes: 482 (479, 513, 559)
Expired/Off-Market Listings: 630 (287, 334, 344)
Net loss/gain in listings this week: -299 (-51, -58, -28)
Active single-family home listings: 3520 (3693, 3708, 3668)
Active condo listings: 2147 (2287, 2285, 2284)
Homes 4-week running average: $459 ($457, $461, $468)
Condos 4-week running average: $209 ($215, $214, $215)

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According to a report released earlier this week, Alberta saw the largest net gain in population in the second quarter of 2022 since 2014, and it was the fourth quarter in a row with positive net migration. The majority of newcomers came from Ontario - over 6,200 more people moved to Alberta from Ontario than the other way around in the second quarter. Many of our clients moving from Ontario said housing costs were a big part of their decision to move to Alberta this year, some could work remotely, but most were excited about new opportunities in Alberta. 

Demand for more affordably priced homes was up in Edmonton and Calgary. Liv Real Estate agent Nathan Mol pointed out in the Edmonton Journal: 

"The local market is short on supply for affordably…

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