The Greater Edmonton real estate market continued its hot streak in October, with sales up significantly and inventory dropping compared to last year. According to data from the REALTORS® Association of Edmonton, home sales in the Greater Edmonton area increased 23% year-over-year, with 1812 properties sold last month. This high sales volume comes even as the number of active listings fell 12% to 6254 properties on the market in October.

The combination of strong demand and shrinking supply has kept conditions in favour of sellers in Edmonton. Homes are still often selling with multiple offers, albeit not necessarily the frenzied bidding wars seen in the past. Our agents reported many properties received two offers and sold near the asking price in…

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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: 394 (418, 465, 489)
Sales: 350 (310, 358, 338)
Ratio: 89% (74%, 77%, 69%)
Price Changes: 270 (331, 330, 312)
Expired/Off-Market Listings: 390 (214, 248, 151)
Net loss/gain in listings this week: -346 (-106, -141, 0)
Active single-family home listings: 2657 (2794, 2803, 2840)
Active condo listings: 1493 (1556, 1583, 1614)
Homes 4-week running average: $464 ($460, $457, $467)
Condos 4-week running average: $230 ($232, $226, $216)

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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: 418 (465, 489, 550)
Sales: 310 (358, 338, 288)
Ratio: 74% (77%, 69%, 52%)
Price Changes: 331 (330, 312, 324)
Expired/Off-Market Listings: 214 (248, 151, 437)
Net loss/gain in listings this week: -106 (-141, 0, -175)
Active single-family home listings: 2794 (2803, 2840, 2793)
Active condo listings: 1556 (1583, 1614, 1593)
Homes 4-week running average: $460 ($457, $467, $470)
Condos 4-week running average: $232 ($226, $216, $213)

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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: 465 (489, 550, 538)
Sales: 358 (338, 288, 384)
Ratio: 77% (69%, 52%, 71%)
Price Changes: 330 (312, 324, 330)
Expired/Off-Market Listings: 248 (151, 437, 234)
Net loss/gain in listings this week: -141 (0, -175, -80)
Active single-family home listings: 2803 (2840, 2793, 2892)
Active condo listings: 1583 (1614, 1593, 1645)
Homes 4-week running average: $457 ($467, $470, $469)
Condos 4-week running average: $226 ($216, $213, $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: 489 (550, 538, 487)
Sales: 338 (288, 384, 395)
Ratio: 69% (52%, 71%, 81%)
Price Changes: 312 (324, 330, 340)
Expired/Off-Market Listings: 151 (437, 234, 218)
Net loss/gain in listings this week: 0 (-175, -80, -126)
Active single-family home listings: 2840 (2793, 2892, 2832)
Active condo listings: 1614 (1593, 1645, 1670)
Homes 4-week running average: $467 ($470, $469, $471)
Condos 4-week running average: $216 ($213, $215, $219)

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The Edmonton real estate market has been nothing short of dynamic in recent months. September 2023 shows impressive statistics that underline the city's enduring appeal. Sales in the Edmonton area surged significantly, showcasing a remarkable 31% increase over the previous September. A standout trend was the strong demand for apartment and townhouse-style condos as buyers sought affordable housing options in response to the region's increasingly competitive rental market.

One key factor fueling this surge in demand is Alberta's record-setting population growth. As more individuals and families choose to call Alberta home, the need for housing has spiked, particularly in cities like Edmonton. Consequently, this influx of newcomers has led to a robust…

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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: 550 (538, 487, 536)
Sales: 288 (384, 395, 426)
Ratio:52% (71%, 81%, 79%)
Price Changes: 324 (330, 340, 346)
Expired/Off-Market Listings: 437 (234, 218, 218)
Net loss/gain in listings this week: -175 (-80, -126, -108)
Active single-family home listings: 2793 (2892, 2832, 2893)
Active condo listings: 1593 (1645, 1670, 1665)
Homes 4-week running average: $470 ($469, $471, $478)
Condos 4-week running average: $213 ($215, $219, $219)

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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: 538 (487, 536, 576)
Sales: 384 (395, 426, 311)
Ratio: 71% (81%, 79%, 57%)
Price Changes: 330 (340, 346, 352)
Expired/Off-Market Listings: 234 (218, 218, 382)
Net loss/gain in listings this week: -80 (-126, -108, -137)
Active single-family home listings: 2892 (2832, 2893, 2896)
Active condo listings: 1645 (1670, 1665, 1686)
Homes 4-week running average: $469 ($471, $478, $473)
Condos 4-week running average: $215 ($219, $219, $221)

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As the vibrant colours of summer start to transition into the rich, warm hues of fall in Edmonton, it's time to ensure that your home is ready for the changing season. Fall is a beautiful time in our city, but it also comes with specific home maintenance tasks to keep your property in top shape. At Liv Real Estate®, we understand the importance of taking care of your investment, so here's a guide to help you prepare your Edmonton home for the changing seasons.

Outside

1. Check the Roof and Gutters for Damage
Inspect your roof for any loose or damaged shingles. Ensure that gutters are securely attached and clear of debris to prevent ice dams.

2. Clean Gutters and Downspouts
Fallen leaves can clog your gutters, leading to potential water damage.…

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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 (536, 576, 500)
Sales: 395 (426, 311, 411)
Ratio: 81% (79%, 57%, 82%)
Price Changes: 340 (346, 352, 358)
Expired/Off-Market Listings: 218 (218, 382, 417)
Net loss/gain in listings this week: -126 (-108, -137, -328)
Active single-family home listings: 2832 (2893, 2896, 2827)
Active condo listings: 1670 (1665, 1686, 1698)
Homes 4-week running average: $471 ($478, $473, $473)
Condos 4-week running average: $219 ($219, $221, $222)

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