Edmonton Real Estate sales in April are almost always higher than in March, but this year it appears as though the market has peaked quite early. Many buyers moved their purchase decisions earlier in the year as interest rates are on the rise. Meanwhile, listings are pouring on the market, no doubt fueled by rising prices, but this rising inventory is what will keep prices in check in the coming months. I will update this post later this week, when the REALTORS® Association of Edmonton releases their monthly report on the real estate market. 

Edmonton Stats

 1343 single-family homes were reported sold in Edmonton in April, up 14% from last year but down 17% from last month. The average price of a single-family home 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: 727 (719, 766, 786)
Sales: 536 (496, 555, 507)
Ratio: 74% (69%, 72%, 65%)
Price Changes: 378 (333, 336, 279)
Expired/Off-Market Listings: 148 (126, 128, 207)
Net loss/gain in listings this week: 43 (97, 83, 72)
Active single-family home listings: 2202 (2034, 1854, 1725)
Active condo listings: 2050 (2035, 2012, 1949)
Homes 4-week running average: $500 ($500, $494, $492)
Condos 4-week running average: $233 ($235, $240, $243)

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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: 719 (766, 786, 659)
Sales: 496 (555, 507, 565)
Ratio: 69% (72%, 65%, 86%)
Price Changes: 333 (336, 279, 251)
Expired/Off-Market Listings: 126 (128, 207, 194)
Net loss/gain in listings this week: 97 (83, 72, -100)
Active single-family home listings: 2034 (1854, 1725, 1622)
Active condo listings: 2035 (2012, 1949, 1878)
Homes 4-week running average: $500 ($494, $492, $487)
Condos 4-week running average: $235 ($240, $243, $243)

673 Views, 3 Comments

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

New Listings: 766 (786, 659, 614)
Sales: 555 (507, 565, 548)
Ratio: 72% (65%, 86%, 89%)
Price Changes: 336 (279, 251, 238)
Expired/Off-Market Listings: 128 (207, 194, 111)
Net loss/gain in listings this week: 83 (72, -100, -45)
Active single-family home listings: 1854 (1725, 1622, 1519)
Active condo listings: 2012 (1949, 1878, 1894)
Homes 4-week running average: $494 ($492, $487, $486)
Condos 4-week running average: $240($243, $243, $238)

754 Views, 4 Comments

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

New Listings: 786 (659, 614, 682)
Sales: 507 (565, 548, 561)
Ratio: 65% (86%, 89%, 82%)
Price Changes: 279 (251, 238, 246)
Expired/Off-Market Listings: 207 (194, 111, 107)
Net loss/gain in listings this week: 72 (-100, -45, 14)
Active single-family home listings: 1725 (1622, 1519, 1441)
Active condo listings: 1949 (1878, 1894, 1896)
Homes 4-week running average: $492 ($487, $486, $484)
Condos 4-week running average: $243 ($243, $238, $235)


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Record-setting single-family home sales might sound like old news in Edmonton right now, but this month single-family home sales set a new record in Edmonton, and condo sales took a huge jump nearly reaching the previous record set in 2007. This is not an April Fool's joke... Much of the activity in our market appears to be coming from out of Province Investors - I will update this post when the REALTORS® Association of Edmonton releases their monthly report on the real estate market next week.  Our brokerage has seen a big jump in inquiries from outside of Alberta as well as buyers interested in purchasing multiple properties. 

The benchmark price for single-family homes was up 11% over last March and jumped nearly 5% in a single month. Luckily, we…

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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: 659 (614, 682, 643)
Sales: 565 (548, 561, 563)
Ratio: 86% (89%, 82%, 88%)
Price Changes: 251 (238, 246, 220)
Expired/Off-Market Listings: 194 (111, 107, 95)
Net loss/gain in listings this week: -100 (-45, 14, -15)
Active single-family home listings: 1622 (1519, 1441, 1370)
Active condo listings: 1878 (1894, 1896, 1865)
Homes 4-week running average: $487 ($486, $484, $486)
Condos 4-week running average: $243 ($238, $235, $226)


625 Views, 1 Comments

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

New Listings: 614 (682, 643, 589)
Sales: 548 (561, 563, 513)
Ratio: 89% (82%, 88%, 87%)
Price Changes: 238 (246, 220, 239)
Expired/Off-Market Listings: 111 (107, 95, 209)
Net loss/gain in listings this week: -45 (14, -15, -133)
Active single-family home listings: 1519 (1441, 1370, 1318)
Active condo listings: 1894 (1896, 1865, 1810)
Homes 4-week running average: $486 ($484, $486, $482)
Condos 4-week running average: $238 ($235, $226, $221)



888 Views, 2 Comments

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

New Listings: 682 (643, 589, 493)
Sales: 561 (563, 513, 434)
Ratio: 82% (88%, 87%, 88%)
Price Changes: 246 (220, 239, 227)
Expired/Off-Market Listings: 107 (95, 209, 110)
Net loss/gain in listings this week: 14 (-15, -133, -51)
Active single-family home listings: 1441 (1370, 1318, 1297)
Active condo listings: 1896 (1865, 1810, 1832)
Homes 4-week running average: $484 ($486, $482, $471)
Condos 4-week running average: $235 ($226, $221, $219)

754 Views, 5 Comments

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

New Listings: 643 (589, 493, 562)
Sales: 563 (513, 434, 509)
Ratio: 88% (87%, 88%, 91%)
Price Changes: 220 (239, 227, 243)
Expired/Off-Market Listings: 95 (209, 110, 125)
Net loss/gain in listings this week: -15 (-133, -51, -72)
Active single-family home listings: 1370 (1318, 1297, 1319)
Active condo listings: 1865 (1810, 1832, 1860)
Homes 4-week running average: $486 ($482, $471, $467)
Condos 4-week running average: $226 ($221, $219, $222)


831 Views, 3 Comments