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: 557 (570, 447, 434)
Sales: 475 (483, 390, 417)
Ratio: 85% (85%, 87%, 96%)
Price Changes: 196 (173, 198, 125)
Expired/Off-Market Listings: 110 (160, 180, 121)
Net loss/gain in listings this week: -28 (-73, -123, -104)
Active single-family home listings: 1829 (1750, 1733, 1747)
Active condo listings: 1125 (1127, 1068, 1065)
Homes 4-week running average: $481 ($482, $481, $476)
Condos 4-week running average: $227 ($222, $213, $205)


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In February 2024, the Greater Edmonton real estate market experienced significant growth, hinting at an optimistic future for homeowners and investors. Sales soared by an impressive 52% compared to the previous year, totalling 1,966 transactions. Demand remained strong, leading to a decrease in inventory levels by 15% compared to the same period last year, with 4,802 listings at month-end. Despite a 7% increase in new listings, the market's competitive nature kept inventory well below normal levels.

This surge in sales activity can be attributed, in part, to the ongoing population growth in Alberta. As the population continues to rise, rental rates have increased, further motivating individuals to transition from renting to homeownership. This trend…

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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: 570 (447, 434, 404)
Sales: 483 (390, 417, 368)
Ratio: 85% (87%, 96%, 91%)
Price Changes: 173 (198, 125, 132,)
Expired/Off-Market Listings: 160 (180, 121, 99)
Net loss/gain in listings this week: -73 (-123, -104, -63)
Active single-family home listings: 1750 (1733, 1747, 1757)
Active condo listings: 1127 (1068, 1065, 1065)
Homes 4-week running average: $482 ($481, $476, $477)
Condos 4-week running average: $222 ($213, $205, $197)

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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: 447 (434, 404, 424)
Sales: 390 (417, 368, 325)
Ratio: 87% (96%, 91%, 77%)
Price Changes: 198 (125, 132, 178)
Expired/Off-Market Listings: 180 (121, 99, 107)
Net loss/gain in listings this week: -123 (-104, -63, -8)
Active single-family home listings: 1733 (1747, 1757, 1771)
Active condo listings: 1068 (1065, 1065, 1059)
Homes 4-week running average: $481 ($476, $477, $465)
Condos 4-week running average: $213 ($205, $197, $206)

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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: 434 (404, 424, 439)
Sales: 417 (368, 325, 311)
Ratio: 96% (91%, 77%, 71%)
Price Changes: 125 (132, 178, 190)
Expired/Off-Market Listings: 121 (99, 107, 258)
Net loss/gain in listings this week: -104 (-63, -8, -130)
Active single-family home listings: 1747 (1757, 1771, 1738)
Active condo listings: 1065 (1065, 1059, 1051)
Homes 4-week running average: $476 ($477, $465, $463)
Condos 4-week running average: $205 ($197, $206, $206)


727 Views, 3 Comments

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: 404 (424, 439, 338)
Sales: 368 (325, 311, 285)
Ratio: 91% (77%, 71%, 84%)
Price Changes: 132 (178, 190, 148)
Expired/Off-Market Listings: 99 (107, 258, 112)
Net loss/gain in listings this week: -63 (-8, -130, -59)
Active single-family home listings: 1757 (1771, 1738, 1817)
Active condo listings: 1065 (1059, 1051, 1059)
Homes 4-week running average: $477 ($465, $463, $462)
Condos 4-week running average: $197 ($206, $206, $220)

776 Views, 2 Comments

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: 424 (439, 338, 330)
Sales: 325 (311, 285, 271)
Ratio: 77% (71%, 84%, 82%)
Price Changes: 178 (190, 148, 108)
Expired/Off-Market Listings: 107 (258, 112, 148)
Net loss/gain in listings this week: -8 (-130, -59, -89)
Active single-family home listings: 1771 (1738, 1817, 1834)
Active condo listings: 1059 (1051, 1059, 1073)
Homes 4-week running average: $465 ($463, $462, $464)
Condos 4-week running average: $206 ($206, $220, $216)

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Welcome to our first real estate market update of the year for the Greater Edmonton area! As we dive into the data, it becomes clear that the market is already buzzing with activity. With a surge in sales, rising benchmark prices, and a low inventory level, homeowners and prospective buyers are in for an intriguing year ahead. Let's examine the latest trends and indicators that are shaping the real estate landscape in the Greater Edmonton Area.

Sales Surge and Reduced Inventory

Compared to January 2023, the market saw a remarkable 46% increase in sales, showcasing a highly energized market. At the same time, new listings experienced a more modest 4% increase. As a result, inventory dropped by 13% year-over-year, resulting in the lowest inventory…

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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: 439 (338, 330, 330, 244)
Sales: 311 (285, 271, 238)
Ratio: 71% (84%, 82%, 72%)
Price Changes: 190 (148, 108, 116)
Expired/Off-Market Listings: 258 (112, 148, 138)
Net loss/gain in listings this week: -130 (-59, -89, -46)
Active single-family home listings: 1738 (1817, 1834, 1883)
Active condo listings: 1051 (1059, 1073, 1084)
Homes 4-week running average: $463 ($462, $464, $458)
Condos 4-week running average: $206 ($220, $216, $206)

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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: 338 (330, 330, 244, 132)
Sales: 285 (271, 238, 162)
Ratio: 84% (82%, 72%, 66%)
Price Changes: 148 (108, 116, 131)
Expired/Off-Market Listings: 112 (148, 138, 429)
Net loss/gain in listings this week: -59 (-89, -46, -347)
Active single-family home listings: 1817 (1834, 1883, 1902)
Active condo listings: 1059 (1073, 1084, 1100)
Homes 4-week running average: $462 ($464, $458, $461)
Condos 4-week running average: $220 ($216, $206, $209)


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