We saw an impressive surge in sales in the Greater Edmonton Area in December compared to a year previous, with a staggering 23.5% increase. New listings also experienced a remarkable 24% increase, giving buyers a wider range of choices to explore. Even with the jump in new listings, end-of-month inventory dropped 8% year-over-year, which remained well below the historical norm.

With 3.76 months of inventory, we find ourselves just under the 4-month threshold for a balanced market. In other words, it's still a seller's market, providing those looking to sell their homes with an advantageous position.

Across the board, benchmark prices have seen a positive upward trend. Single-family homes experienced a steady 3.5% increase in benchmark prices, while…

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

New Listings: 244 (132, 223, 260)
Sales: 162 (151, 272, 241)
Ratio: 66% (114%, 122%, 93%)
Price Changes: 131 (55, 107, 219)
Expired/Off-Market Listings: 429 (87, 224, 140)
Net loss/gain in listings this week: -347 (-106, -273, -121)
Active single-family home listings: 1902 (2101, 2150, 2253)
Active condo listings: 1100 (1299, 1252, 1321)
Homes 4-week running average: $461 ($467, $453, $455)
Condos 4-week running average: $209 ($209, $206, $207)

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

New Listings: 132 (223, 260, 424)
Sales: 151 (272, 241, 302)
Ratio: 114% (122%, 93%, 71%)
Price Changes: 55 (107, 219, 185)
Expired/Off-Market Listings: 87 (224, 140, 349)
Net loss/gain in listings this week: -106 (-273, -121, -227)
Active single-family home listings: 2101 (2150, 2253, 2317)
Active condo listings: 1299 (1252, 1321, 1357)
Homes 4-week running average: $467 ($453, $455, $454)
Condos 4-week running average: $209 ($206, $207, $209)

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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: 223 (260, 424, 328)
Sales: 272 (241, 302, 337)
Ratio: 122% (93%, 71%, 103%)
Price Changes: 107 (219, 185, 237)
Expired/Off-Market Listings: 224 (140, 349, 391)
Net loss/gain in listings this week: -273 (-121, -227, -400)
Active single-family home listings: 2150 (2253, 2317, 2321)
Active condo listings: 1252 (1321, 1357, 1324)
Homes 4-week running average: $453 ($455, $454, $457)
Condos 4-week running average: $206 ($207, $209, $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: 260 (424, 328, 330)
Sales: 241 (302, 337, 304)
Ratio: 93% (71%, 103%, 92%)
Price Changes: 219 (185, 237, 210)
Expired/Off-Market Listings: 140 (349, 391, 195)
Net loss/gain in listings this week: -121 (-227, -400, -169)
Active single-family home listings: 2253 (2317, 2321, 2466)
Active condo listings: 1321 (1357, 1324, 1453)
Homes 4-week running average: $455 ($454, $457, $464)
Condos 4-week running average: $207 ($209, $205, $207)

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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: 424 (328, 330, 371)
Sales: 302 (337, 304, 267)
Ratio: 71% (103%, 92%, 72%)
Price Changes: 185 (237, 210, 227)
Expired/Off-Market Listings: 349 (391, 195, 204)
Net loss/gain in listings this week: -227 (-400, -169, -100)
Active single-family home listings: 2317 (2321, 2466, 2554)
Active condo listings: 1357 (1324, 1453, 1468)
Homes 4-week running average: $454 ($457, $464, $460)
Condos 4-week running average: $209 ($205, $207, $206)

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The Edmonton real estate market in November was nothing short of extraordinary. Sales jumped by 31% compared to last year in November - 1,637 listings sold. Meanwhile, inventory took a bit of a dip, dropping 15% to 5,447 listings. New listings were up 6%, with a total of 2,126 new listings hitting the market in November. With a mere 3.33 months of supply, it's safe to say the ball is definitely in the sellers' court.

The benchmark price for townhouses shot up by an impressive 7.4% over last year. Apartment-style condos weren't far behind, with a 4.2% increase. And even single-family homes got in on the action, seeing a respectable 2.6% rise in benchmark prices. This suggests that there is more demand for more attainable types of housing, such as…

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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: 328 (330, 371, 382)
Sales: 337 (304, 267, 284)
Ratio: 103% (92%, 72%, 74%)
Price Changes: 237 (210, 227, 343)
Expired/Off-Market Listings: 391 (195, 204, 200)
Net loss/gain in listings this week: -400 (-169, -100, -102)
Active single-family home listings: 2321 (2466, 2554, 2604)
Active condo listings: 1324 (1453, 1468, 1499)
Homes 4-week running average: $457 ($464, $460, $463)
Condos 4-week running average: $205 ($207, $206, $222)

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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: 330 (371, 382, 394)
Sales: 304 (267, 284, 350)
Ratio: 92% (72%, 74%, 89%)
Price Changes: 210 (227, 343, 270)
Expired/Off-Market Listings: 195 (204, 200, 390)
Net loss/gain in listings this week: -169 (-100, -102, -346)
Active single-family home listings: 2466 (2554, 2604, 2657)
Active condo listings: 1453 (1468, 1499, 1493)
Homes 4-week running average: $464 ($460, $463, $464)
Condos 4-week running average: $207 ($206, $222, $230)

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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 (382, 394, 418)
Sales: 267 (284, 350, 310)
Ratio: 72% (74%, 89%, 74%)
Price Changes: 227 (343, 270, 331)
Expired/Off-Market Listings: 204 (200, 390, 214)
Net loss/gain in listings this week: -100 (-102, -346, -106)
Active single-family home listings: 2554 (2604, 2657, 2794)
Active condo listings: 1468 (1499, 1493, 1556)
Homes 4-week running average: $460 ($463, $464, $460)
Condos 4-week running average: $206 ($222, $230, $232)



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