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 […]

Weekly Market Update April 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: 751 (689, 739, 687) # Sales: 468 (383, 450, 397, 387) Ratio: 62% (56%, 61%, 58%) # Price Changes: 341 (300, 287, 304) Expired/Off-Market Listings: 161 (136, 276, 139) Net loss/gain in […]

Weekly Market Update Apr. 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: 739 (687, 679, 649) # Sales: 450 (397, 387, 341, 262) Ratio: 61% (58%, 57%, 53%) # Price Changes: 287 (304, 265, 260) Expired/Off-Market Listings: 276 (139, 123, 144) Net loss/gain in […]

Sales of Edmonton Homes Reach Record Levels – UPDATED

Well, I knew the market was hot, but I didn’t think we’d see sales more than double what they were last year at this time – residential sales in the Greater Edmonton area were up 109% in March. The benchmark price for single-family homes is up 5.6% year over year and 1.7% over last month.  […]

Weekly Market Update Mar. 19/21

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 (649, 621, 481) # Sales: 387 (341, 262, 309, 280) Ratio: 57% (53%, 42%, 64%) # Price Changes: 265 (260, 241, 261) Expired/Off-Market Listings: 123 (144, 290, 107) Net loss/gain in […]

Weekly Market Update Mar. 5/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 621 (481, 440, 467) # Sales: 262 (309, 280, 283) Ratio: 42% (64%, 64%, 61%) # Price Changes: 241 (261, 164, 170) Expired/Off-Market Listings: 290 (107, 114, 124) Net loss/gain in listings […]

Real Estate Sales up 51% in Edmonton in February

After bottoming out in December 2019, single-family home prices have rebounded. The benchmark price for single-family homes in the greater Edmonton area is up 5.4% from the same time last year. Homes in lower price ranges continue to move quickly, often selling with multiple offers. Fixed-rate mortgage rates are on the rise, which could spur […]

Weekly Market Update Feb. 26/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 481 (440, 467, 529) # Sales: 309 (280, 283, 288) Ratio: 64% (64%, 61%, 54%) # Price Changes: 261 (164, 170, 205) Expired/Off-Market Listings: 107 (114, 124, 297) Net loss/gain in listings […]

Weekly Market Update Feb.19/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 440 (467, 529, 450) # Sales: 280 (283, 288, 249) Ratio: 64% (61%, 54%, 55%) # Price Changes: 164 (170, 205, 175) Expired/Off-Market Listings: 114 (124, 297, 145) Net loss/gain in listings […]

Weekly Market Update Feb. 12/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 467 (529, 450, 433) # Sales: 283 (288, 249, 188) Ratio: 61% (54%, 55%, 43%) # Price Changes: 170 (205, 175, 190) Expired/Off-Market Listings: 124 (297, 145, 176) Net loss/gain in listings […]

Highest January Single-Family Home Sales in Over 10 Years – UPDATED

Sales in the Greater Edmonton area were up 46% over last January! We don’t expect the pace of sales to stay ahead of previous years for much longer, we’re still dealing with pent-up demand due to extremely low-interest rates and people wanting more space for working and learning from home. The Bank of Canada has […]

Weekly Market Update Jan. 29/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 450 (433, 437, 360) # Sales: 249 (188, 213, 161) Ratio: 55% (43%, 49%, 45%) # Price Changes: 175 (190, 170, 54) Expired/Off-Market Listings: 145 (176, 143, 530) Net loss/gain in listings […]

2021 REALTORS® Housing Forecast Seminar Live with Sara MacLennan

Good morning! The REALTORS® Forecast is back and I’m liveblogging the event. Things moved really quickly so I’ve edited the disaster I created during the event. The forecast takes place every year and features guest speakers who give forecasts on the local, national and global economy. There always seems to be a blizzard during the […]

Weekly Update, Jan. 8/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 360 (101, 178, 220) # Sales: 161 (102, 204, 186) Ratio: 45% (101%, 115%, 85%) # Price Changes: 154 (95, 84, 135) Expired/Off-Market Listings: 530 (511, 189, 208) Net loss/gain in listings […]

Greater Edmonton Area Real Estate Market Finishes the Year Strong!

The real estate market finished out the year strong with the most sales we’ve seen in the Greater Edmonton Area (GEA) in December since 2007. After a rocky start, total sales in 2020 finished 3% ahead of 2019, with single-family homes in the communities outside of Edmonton – particularly St. Albert and Sherwood Park – […]

Weekly Market Update, Jan. 1/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 101 (178, 220, 301) # Sales: 102 (204, 186, 188) Ratio: 101% (115%, 85%, 62%) # Price Changes: 95 (84, 135, 185) Expired/Off-Market Listings: 511 (189, 208, 193) Net loss/gain in listings […]