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

New Listings: 493 (562, 490, 480)
Sales: 434 (509, 377, 366)
Ratio: 88% (91%, 77%, 76%)
Price Changes: 227 (243, 219, 190)
Expired/Off-Market Listings: 110 (125, 140, 265)
Net loss/gain in listings this week: -51 (-72, -27, -151)
Active single-family home listings: 1297 (1319, 1293, 1401)
Active condo listings: 1832 (1860, 1807, 1769)
Homes 4-week running average: $471 ($467, $459, $447)
Condos 4-week running average: $219 ($222, $225, $220)

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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: 562 (490, 480, 371)
Sales: 509 (377, 366, 280)
Ratio: 91% (77%, 76%, 75%)
Price Changes: 243 (219, 190, 210)
Expired/Off-Market Listings: 125 (140, 265, 162)
Net loss/gain in listings this week: -72 (-27, -151, -71)
Active single-family home listings: 1319 (1293, 1401, 1488)
Active condo listings: 1860 (1807, 1769, 1791)
Homes 4-week running average: $467 ($459, $447, $442)
Condos 4-week running average: $222 ($225, $220, $223)

Wow! The market is busy!! Sales this week are at about the same level as the peak of the market last year. We have definitely seen an increase in out-of-province inquiries, from investors and people…

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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: 490 (480, 371, 399)
Sales: 377 (366, 280, 242)
Ratio: 77% (76%, 75%, 61%)
Price Changes: 219 (190, 210, 170)
Expired/Off-Market Listings: 140 (265, 162, 172)
Net loss/gain in listings this week: -27 (-151, -71, -15)
Active single-family home listings: 1293 (1401, 1488, 1571)
Active condo listings: 1807 (1769, 1791, 1804)
Homes 4-week running average: $459 ($447, $442, $457)
Condos 4-week running average: $225 ($220, $223, $208)

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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: 480 (371, 399, 415)
Sales: 366 (280, 242, 212)
Ratio: 76% (75%, 61%, 51%)
Price Changes: 190 (210, 170, 185)
Expired/Off-Market Listings: 265 (162, 172, 154)
Net loss/gain in listings this week: -151 (-71, -15, 49)
Active single-family home listings: 1401 (1488, 1571, 1655)
Active condo listings: 1769 (1791, 1804, 1808)
Homes 4-week running average: $447 ($442, $457, $457)
Condos 4-week running average: $220 ($223, $208, $205)



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A record number of single-family homes were reported sold in January in Edmonton. 713 sales were reported, up 33% from last January and 10% from the previous record in 2007. Based on our weekly reports, I was expecting sales to be up compared to last year, but I wasn't expecting an increase of over 30%. Condo sales were up to the highest level seen since 2008; 267 condos were reported sold in Edmonton in January, up 45% from last year! If you missed it, be sure to check out our 2022 forecast to learn what is driving demand in Edmonton.

In the Greater Edmonton area,New listings and inventory were both down 10%, and sales were up 14%, leaving the absorption rate at 3.5 months which is significantly lower than we've seen in January for the past five…

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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: 371 (399, 415, 288)
Sales: 280 (242, 212, 170)
Ratio: 75% (61%, 51%, 59%)
Price Changes: 210 (170, 185, 114)
Expired/Off-Market Listings: 162 (172, 154, 565)
Net loss/gain in listings this week: -71 (-15, 49, -447)
Active single-family home listings: 1488 (1571, 1655, 1693)
Active condo listings: 1791 (1804, 1808, 1768)
Homes 4-week running average: $442 ($457, $457, $460)
Condos 4-week running average: $223 ($208, $205, $206)


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Well, it's that time of year when I get to try and predict what's going to happen with the real estate market and check back on last year's prediction. I attended the REALTORS® Association of Edmonton annual forecast last week and the Calgary Real Estate Board (CREB®) forecast earlier today, and I have some interesting insights to share with you. But first, let's have a look at my prediction from last year:


"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 committed to keeping rates low for 2021, but the Alberta economy is not expected to get back to…

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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: 399 (415, 288, 140)
Sales: 242 (212, 170, 154)
Ratio: 61% (51%, 59%, 110%)
Price Changes: 170 (185, 114, 55)
Expired/Off-Market Listings: 172 (154, 565, 184)
Net loss/gain in listings this week: -15 (49, -447, -198)
Active single-family home listings: 1571 (1655, 1693, 1917)
Active condo listings: 1804 (1808, 1768, 1962)
Homes 4-week running average: $457 ($457, $460, $456)
Condos 4-week running average: $208 ($205, $206, $205)

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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: 415 (288, 140, 201)
Sales: 212 (170, 154, 290)
Ratio: 51% (59%, 110%, 144%)
Price Changes: 185 (114, 55, 117)
Expired/Off-Market Listings: 154 (565, 184, 213)
Net loss/gain in listings this week: 49 (-447, -198, -302)
Active single-family home listings: 1655 (1693, 1917, 2009)
Active condo listings: 1808 (1768, 1962, 2037)
Homes 4-week running average: $457 ($460, $456, $434)
Condos 4-week running average: $205 ($206, $205, $204)

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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: 288 (140, 201, 246)
Sales: 170 (154, 290, 235)
Ratio: 59% (110%, 144%, 96%)
Price Changes: 114 (55, 117, 146)
Expired/Off-Market Listings: 565 (184, 213, 244)
Net loss/gain in listings this week: -447 (-198, -302, -233)
Active single-family home listings: 1693 (1917, 2009, 2136)
Active condo listings: 1768 (1962, 2037, 2127)
Homes 4-week running average: $460 ($456, $434, $433)
Condos 4-week running average: $206 ($205, $204, $210)


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