Weekly Update Jul. 30/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 564 (540, 662, 679) # Sales: 365 (373, 352, 433) Ratio: 65% (69%, 53%, 64%) # Price Changes: 471 (451, 468, 484) Expired/Off-Market Listings: 221 (232, 240, 223) Net loss/gain in listings […]

Weekly Update Jul.23/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 540 (662, 679, 627) # Sales: 373 (352, 433, 376) Ratio: 69% (53%, 64%, 60%) # Price Changes: 451 (468, 484, 443) Expired/Off-Market Listings: 232 (240, 223, 380) Net loss/gain in listings […]

Weekly Market Update Jul.16/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 662 (679, 627, 672) # Sales: 352 (433, 376, 408) Ratio: 53% (64%, 60%, 61%) # Price Changes: 468 (484, 443, 445) Expired/Off-Market Listings: 240 (223, 380, 211) Net loss/gain in listings […]

Weekly Market Update Jul.9/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 679 (627, 672, 771) # Sales: 433 (376, 408, 492) Ratio: 64% (60%, 61%, 64%) # Price Changes: 484 (443, 445, 470) Expired/Off-Market Listings: 223 (380, 211, 186) Net loss/gain in listings […]

Weekly Market Update Jul.2/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 627 (672, 771, 824) # Sales: 376 (408, 492, 502) Ratio: 60% (61%, 64%, 61%) # Price Changes: 443 (445, 470, 457) Expired/Off-Market Listings: 380 (211, 186, 198) Net loss/gain in listings […]

New Record High Price for Single Family Homes in Edmonton in June – UPDATED

The average price of single-family homes sold in Edmonton reached a new all-time high in June – $473,876, up 15% from last June! The median sale price also reached a record high – a 12% year-over-year increase at $418,000. Luxury sales were well above normal levels with a home selling for $5million, another for $3.15million […]

Weekly Market Update Jun. 25/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 672 (771, 824, 833) # Sales: 408 (492, 502, 439) Ratio: 61% (64%, 61%, 53%) # Price Changes: 445 (470, 457, 493) Expired/Off-Market Listings: 211 (186, 198, 376) Net loss/gain in listings […]

Weekly Market Update Jun. 18/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 771 (824, 833, 698) # Sales: 492 (502, 439, 459) Ratio: 64% (61%, 53%, 66%) # Price Changes: 470 (457, 493, 404) Expired/Off-Market Listings: 186 (198, 376, 164) Net loss/gain in listings […]

Weekly Market Update Jun. 11/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 824 (833, 698, 741) # Sales: 502 (439, 459, 462) Ratio: 61% (53%, 66%, 62%) # Price Changes: 457 (493, 404, 458) Expired/Off-Market Listings: 198 (376, 164, 179) Net loss/gain in listings […]

Weekly Market Update June 4/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 833 (698, 741, 773) # Sales: 439 (459, 462, 478) Ratio: 53% (66%, 62%, 62%) # Price Changes: 493 (404, 458, 383) Expired/Off-Market Listings: 376 (164, 179, 171) Net loss/gain in listings […]

Real Estate Prices Reach New High in Greater Edmonton Area – UPDATED

The average price for residential real estate hit a new high in the Greater Edmonton Area (GEA) in May – $401,390, up 23% over the last year and the median price was up 8% to $375,000. Admittedly, averages can be very misleading, which is why the benchmark price is a much better indicator of what’s […]

Actual Costs of Buying a Home Across Canada

A friend of mine recently moved to a Vancouver suburb and I was shocked to hear how much it really costs to buy a home there. I think everyone has an idea how expensive homes are in and around Vancouver and Toronto right now, but many people aren’t aware of the additional closing costs buyers […]

Weekly Market Update May 28/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 698 (741, 773, 828) # Sales: 459 (462, 478, 439) Ratio: 66% (62%, 62%, 53%) # Price Changes: 404 (458, 383, 416) Expired/Off-Market Listings: 164 (179, 171, 288) Net loss/gain in listings […]

Weekly Update May 21/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 741 (773, 828, 785) # Sales: 462 (478, 439, 484) Ratio: 62% (62%, 53%, 62%) # Price Changes: 458 (383, 416, 415) Expired/Off-Market Listings: 179 (171, 288, 162) Net loss/gain in listings […]

Weekly update May 14/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 773 (828, 785, 750) # Sales: 478 (439, 484, 476) Ratio: 62% (53%, 62%, 63%) # Price Changes: 383 (416, 415, 368) Expired/Off-Market Listings: 171 (288, 162, 167) Net loss/gain in listings […]

Weekly Update May 7/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 828 (785, 750, 751) # Sales: 439 (484, 476, 468, 383) Ratio: 53% (62%, 63%, 62%) # Price Changes: 416 (415, 368, 341) Expired/Off-Market Listings: 288 (162, 167, 161) Net loss/gain in […]

Record Setting Real Estate Sales in April – UPDATED

April saw the most sales in any month since at least 2008 (that’s as far back as my spreadsheet goes). There were 2,868 residential sales in the Greater Edmonton Area in April, up 104% over the 5-year average (last April was an anomaly due to COVID so it’s more reasonable to compare to the 5-year […]

Weekly Market Update Apr. 30/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 785 (750, 751, 689) # Sales: 484 (476, 468, 383, 450) Ratio: 62% (63%, 62%, 56%) # Price Changes: 415 (368, 341, 300) Expired/Off-Market Listings: 162 (167, 161, 136) Net loss/gain in […]

Weekly Market Update Apr.23/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 750 (751, 689, 739) # Sales: 476 (468, 383, 450, 397) Ratio: 63% (62%, 56%, 61%) # Price Changes: 368 (341, 300, 287) Expired/Off-Market Listings: 167 (161, 136, 276) Net loss/gain in […]

How to Win in Multiple Offer Situations

Last week Sheldon and Sara were joined by two amazing Liv agents for a Facebook Live to discuss multiple offer situations. Deidre Harrison and Tonya Brown have helped many clients successfully navigate through multiple offer situations and they shared their strategies with us. Check out the replay here and read on for more details in […]