Active listings were down 16% from July 2022, while sales were up 18% leaving us in a strong seller's market. However, we aren't seeing the same spike in prices that you would expect from a seller's market due to the higher interest rates. In fact, the benchmark price for all categories was down compared to July 2022, with the composite down 6%. 



City of Edmonton Stats

Below are the statistics for Edmonton Proper, showing both single-family and condo sales at a high since 2015, when comparing July 2023 to July years previous.


283 Views, 0 Comments

Read Full Post

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

New Listings: 503 (593, 543, 586)
Sales: 341 (374, 398, 457)
Ratio: 68% (63%, 72%, 78%)
Price Changes: 327 (387, 410, 393)
Expired/Off-Market Listings: 196 (356, 211, 240)
Net loss/gain in listings this week: -34 (-137, -57, -111)
Active single-family home listings: 2942 (2925, 2952, 2942)
Active condo listings: 1811 (1840, 1885, 1873)
Homes 4-week running average: $480 ($477, $474, $476)
Condos 4-week running average: $217 ($215, $222, $219)

290 Views, 0 Comments

Read Full Post

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

New Listings: 615 (603, 649, 661)
Sales: 413 (420, 493, 422)
Ratio: 67% (70%, 76%, 64%)
Price Changes: 459 (390, 395, 351)
Expired/Off-Market Listings: 331 (174, 194, 202)
Net loss/gain in listings this week: -129 (9, -38, 37)
Active single-family home listings: 2903 (2940, 2901, 2839)
Active condo listings: 1814 (1841, 1836, 1795)
Homes 4-week running average: $483 ($482, $478, $477)
Condos 4-week running average: $218 ($221, $219, $222)

374 Views, 2 Comments

Read Full Post

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

New Listings: 603 (649, 661, 633)
Sales: 420 (493, 422, 434)
Ratio: 70% (76%, 64%, 69%)
Price Changes: 390 (395, 351, 373)
Expired/Off-Market Listings: 174 (194, 202, 308)
Net loss/gain in listings this week: 9 (-38, 37, -109)
Active single-family home listings: 2940 (2901, 2839, 2791)
Active condo listings: 1841 (1836, 1795, 1747)
Homes 4-week running average: $482 ($478, $477, $472)
Condos 4-week running average: $221 ($219, $222, $220)


376 Views, 1 Comments

Read Full Post

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

New Listings: 649 (661, 633, 580)
Sales: 493 (422, 434, 396)
Ratio: 76% (64%, 69%, 68%)
Price Changes: 395 (351, 373, 345)
Expired/Off-Market Listings: 194 (202, 308, 155)
Net loss/gain in listings this week: -38 (37, -109, 29)
Active single-family home listings: 2901 (2839, 2791, 2859)
Active condo listings: 1836 (1795, 1747, 1744)
Homes 4-week running average: $478 ($477, $472, $477)
Condos 4-week running average: $219 ($222, $220, $212)

314 Views, 1 Comments

Read Full Post

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

New Listings: 661 (633, 580, 696)
Sales: 422 (434, 396, 427)
Ratio: 64% (69%, 68%, 61%)
Price Changes: 351 (373, 345, 319)
Expired/Off-Market Listings: 202 (308, 155, 181)
Net loss/gain in listings this week: 37 (-109, 29, 88)
Active single-family home listings: 2839 (2791, 2859, 2820)
Active condo listings: 1795 (1747, 1744, 1721)
Homes 4-week running average: $477 ($472, $477, $474)
Condos 4-week running average: $222 ($220, $212, $208)

364 Views, 0 Comments

Read Full Post

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

New Listings: 633 (580, 696, 590)
Sales: 434 (396, 427, 317)
Ratio: 69% (68%, 61%, 54%)
Price Changes: 373 (345, 319, 297)
Expired/Off-Market Listings: 308 (155, 181, 190)
Net loss/gain in listings this week: -109 (29, 88, 83)
Active single-family home listings: 2791 (2859, 2820, 2736)
Active condo listings: 1747 (1744, 1721, 1666)
Homes 4-week running average: $472 ($477, $474, $471)
Condos 4-week running average: $220 ($212, $208, $203)


376 Views, 0 Comments

Read Full Post

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

New Listings: 580 (696, 590, 605)
Sales: 396 (427, 317, 346)
Ratio: (61%, 54%, 57%)
Price Changes: 345 (319, 297, 346)
Expired/Off-Market Listings: 155 (181, 190, 276)
Net loss/gain in listings this week: 29 (88, 83, -17)
Active single-family home listings: 2859 (2820, 2736, 2695)
Active condo listings: 1744 (1721, 1666, 1618)
Homes 4-week running average: $477 ($474, $471, $465)
Condos 4-week running average: $212 ($208, $203, $205)

401 Views, 0 Comments

Read Full Post

The spring market is gaining momentum, but it's not the same flood of buyers we saw last spring.  Nathan Mol with Liv Real Estate® spoke to Joel Schlesinger about the new type of buyers we are seeing in a recent Edmonton Journal article. 

"Local realtor Nathan Mol with Liv real estate agrees, noting that condominium sales “have been quite active lately.” In the past 30 days, the city saw 448 apartment transactions, up 40 per cent over 2019.

Still, single-family homes in the mid-range prices are the first-choice option for many. “ The sweet spot for many buyers this spring so far is for (detached) homes in the $400,000 to $600,00 price bracket,” says Mol.""

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in…

594 Views, 0 Comments

Read Full Post

Buying a home is an exciting time and a significant milestone for many people, but it can also be an intimidating and costly process, particularly for first-time homebuyers. Fortunately, the Canadian government has introduced a new savings account to help prospective homebuyers save for their downpayment. Below, we will share what you need to know about the new First Home Savings Account and other downpayment options for first-time buyers.

What is the First Home Savings Account?

The First Home Savings Account is designed specifically for prospective first-time homebuyers. It's a savings account that offers tax incentives to help prospective home buyers save up for a down payment.

Eligibility Requirements

You need to be a Canadian resident, at…

572 Views, 1 Comments

Read Full Post