April Real Estate Market Report - Updated
Posted by Liv Real Estate on
After six months of below average sales, and year over year declines, Edmonton single-family home sales improved to near normal levels in April. 769 single-family homes were reported sold in April in Edmonton, up 3% from last year. The market feels different from any market we've experienced in Edmonton - I'm working on a separate article with tips for success including stories from our clients buying and selling in today's market.
Condo sales were still well below normal levels - 307 condos were reported sold in April in Edmonton, down 2.8% from last year. I found an interesting article that suggests the multi-family sector is strengthening in Edmonton, it's worth a read. One thing we've noticed is with the increased availability of new rental…
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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: 543 (641, 616, 693)
# Sales: 225 (309, 257, 238)
Ratio: 41% (48%, 42%, 34%)
# Price Changes: 366 (363, 356, 382)
Expired/Off Market Listings: 157 (184, 165, 403)
Net loss/gain in listings this week: 161 (148, 194, 52, 133)
Active single family home listings: 4106 (3996, 3882, 3767)
Active condo listings: 2365 (2310, 2274, 2213)
Homes 4-week running average: $418k ($413k, $419k, $421k)
Condos 4-week running average: $ 222k ($221k, $215k, $212k)
Have a great weekend!
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 641 (616, 693, 513)
# Sales: 309 (257, 238, 230)
Ratio: 48% (42%, 34%, 45%)
# Price Changes: 363 (356, 382, 387)
Expired/Off Market Listings: 184 (165, 403, 150)
Net loss/gain in listings this week: 148 (194, 52, 133, 166)
Active single family home listings: 3996 (3882, 3767, 3731)
Active condo listings: 2310 (2274, 2213, 2194)
Homes 4-week running average: $413k ($419k, $421k, $417k)
Condos 4-week running average: $221k ($215k, $212k, $206k)
Have a great weekend!
A kitchen renovation can be a massive investment, but it does have a good return. A new, modern kitchen will improve the aesthetics and personal enjoyment of the space. It can also add resale value to your home and improve marketability if you decide to sell.
The most expensive part of your kitchen renovation will be the kitchen cabinets. Not only will the cabinets eat up a large portion of the total renovation budget, they also play the biggest role in how your kitchen looks and functions. If you want to renovate the kitchen to sell your home, or to just enjoy it yourself, there is an alternative to an expensive cabinet replacement.
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 693 (513, 580, 497)
# Sales: 238 (230, 226, 181)
Ratio: 34% (45%, 39%, 36%)
# Price Changes: 382 (387, 315, 299)
Expired/Off Market Listings: 403 (150, 188, 127)
Net loss/gain in listings this week: 52 (133, 166, 89)
Active single family home listings: 3767 (3731, 3650, 3560)
Active condo listings: 2213 (2194, 2134, 2073)
Homes 4-week running average: $421k ($417k, $427k, $419k)
Condos 4-week running average: $212k ($206k, $207k, $214k)
Have a great weekend!