In February 2025, the real estate market in the Greater Edmonton Area has shown some important trends. By considering economic factors and local conditions, let's look at the key statistics and changes shaping the market.

The average price for single-family homes reached a new high of $505,700, which is a 14% increase from last year. Similarly, apartment-style condos and townhouses also saw price increases of 14% ($207,300) and 19% ($292,800), respectively. These numbers reflect strong demand in the market, even with ongoing uncertainties.

Inventory levels continue to be notably low, with 4,148 listings by the end of February, reflecting a 13% decrease from the previous year.

We started the year with very strong sales in January, but the threat…

1191 Views, 0 Comments

Read Full Post

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: 478 (431, 449, 460)
Sales: 340 (322, 350, 362)
Ratio: 71% (75%, 78%, 79%)
Price Changes: 190 (160, 141, 172)
Expired/Off-Market Listings: 91 (83, 98, 203)
Net loss/gain in listings this week: 47 (26, 1, -105)
Active single-family home listings: 1534 (1471, 1436, 1376)
Active condo listings: 1046 (1028, 998, 981)
Homes 4-week running average: $527 ($530, $539, $534)
Condos 4-week running average: $250 ($248, $248, $246)

493 Views, 0 Comments

Read Full Post

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: 431 (449, 460, 368)
Sales: 322 (350, 362, 318)
Ratio: 75% (78%, 79%, 86%)
Price Changes: 160 (141, 172, 132)
Expired/Off-Market Listings: 83 (98, 203, 91)
Net loss/gain in listings this week: 26 (1, -105, -41)
Active single-family home listings: 1471 (1436, 1376, 1354)
Active condo listings: 1028 (998, 981, 973)
Homes 4-week running average: $530 ($539, $534, $534)
Condos 4-week running average: $248 ($248, $246, $248)


482 Views, 0 Comments

Read Full Post

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: 449 (460, 368, 384)
Sales: 350 (362, 318, 359)
Ratio: 78% (79%, 86%, 93%)
Price Changes: 141 (172, 132, 118)
Expired/Off-Market Listings: 98 (203, 91, 83)
Net loss/gain in listings this week: 1 (-105, -41, -58)
Active single-family home listings: 1436 (1376, 1354, 1365)
Active condo listings: 998 (981, 973, 958)
Homes 4-week running average: $539 ($534, $534, $532)
Condos 4-week running average: $248 ($246, $248, $247)

409 Views, 0 Comments

Read Full Post

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: 460 (368, 384, 394)
Sales: 362 (318, 359, 282)
Ratio: 79% (86%, 93%, 72%)
Price Changes: 172 (132, 118, 103)
Expired/Off-Market Listings: 203 (91, 83, 121)
Net loss/gain in listings this week: -105 (-41, -58, -9)
Active single-family home listings: 1376 (1354, 1365, 1338)
Active condo listings: 981 (973, 958, 961)
Homes 4-week running average: $534 ($534, $532, $516)
Condos 4-week running average: $246 ($248, $247, $237)

430 Views, 0 Comments

Read Full Post


As we analyze January's data for the Greater Edmonton real estate market, remarkable trends emerge. January observed a notable surge in property values, with single-family homes escalating by 14% to reach a benchmark price of $495,700 compared to last year. Apartment-style condos and townhouses were not far behind, marking increases of 9% and 13%, respectively. This surge culminated in the sale of a record-breaking $6 million single-family home, setting a new peak for luxury real estate in the region.

Inventory levels remained low, totalling 3,723 listings—an 18% decrease from the previous year—reflecting a robust seller's market. This is particularly pronounced as Edmonton witnessed 1,597 homes sold in January alone, an 11% increase year over year…

1389 Views, 0 Comments

Read Full Post

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: 368 (384, 394, 336)
Sales: 318 (359, 282, 219)
Ratio: 86% (93%, 72%, 65%)
Price Changes: 132 (118, 103, 122)
Expired/Off-Market Listings: 91 (83, 121, 122)
Net loss/gain in listings this week: -41 (-58, -9, -5)
Active single-family home listings: 1354 (1365, 1338, 1322)
Active condo listings: 973 (958, 961, 980)
Homes 4-week running average: $534 ($532, $516, $517)
Condos 4-week running average: $248 ($247, $237, $242)

405 Views, 0 Comments

Read Full Post

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: 384 (394, 336, 164)
Sales: 359 (282, 219, 185)
Ratio: 93% (72%, 65%, 113%)
Price Changes: 118 (103, 122, 53)
Expired/Off-Market Listings: 83 (121, 122, 321)
Net loss/gain in listings this week: -58 (-9, -5, -342)
Active single-family home listings: 1365 (1338, 1322, 1317)
Active condo listings: 958 (961, 980, 969)
Homes 4-week running average: $532 ($516, $517, $518)
Condos 4-week running average: $247 ($237, $242, $242)

467 Views, 0 Comments

Read Full Post

2025 Real Estate Forecast: Economic and Population Growth Fuels Optimism

We attended the REALTORS® Association of Edmonton's annual Housing Forecast yesterday and returned home with lots of interesting information about what to expect in the coming year. The speakers included Economists, data analysts, CEOs and a Minister from the Government of Alberta. Every presenter was cautiously optimistic about Alberta's economy and the Greater Edmonton Housing market for the coming year.

What is causing all this optimism? Dale Nally, Minister of Service Alberta and Red Tape Reduction, pointed out that with 12% of Canada's population, Alberta has 25% of the jobs in this country. Provincial housing starts surged to a 10-year high in 2024, with 33,000 starts.…

4418 Views, 0 Comments

Read Full Post

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: 394 (336, 164, 124)
Sales: 282 (219, 185, 185)
Ratio: 72% (65%, 113%, 149%)
Price Changes: 103 (122, 53, 31)
Expired/Off-Market Listings: 121 (122, 321, 125)
Net loss/gain in listings this week: -9 (-5, -342, -186)
Active single-family home listings: 1338 (1322, 1317, 1495)
Active condo listings: 961 (980, 969, 1098)
Homes 4-week running average: $516 ($517, $518, $515)
Condos 4-week running average: $237 ($242, $242, $240)

390 Views, 0 Comments

Read Full Post