Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 631 (716, 738, 787) # Sales: 314 (325, 328, 271) Ratio: 50% (45%, 44%, 34%) # Price Changes: 312 (632, 570, 567) # Expired/Off Market Listings: 258 (299, 227, 437) Net loss/gain in listings this week: 59 (92, 227, 79) Active single family home listings: 4696 (4640, 4568, 4483) Active condo listings: 3142 (3148, 3135, 3033) Homes 4-week running average: $442k ($440k, $443k, $444k) Condos 4-week running average: $243k ($231k, $237k, $245k) Have a great weekend!

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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: 716 (738, 787, 683) # Sales: 325 (328, 271, 335) Ratio: 45% (44%, 34%, 49%) # Price Changes: 632 (570, 567, 584) # Expired/Off Market Listings: 299 (227, 437, 195) Net loss/gain in listings this week: 92 (227, 79, -42) Active single family home listings: 4640 (4568, 4483, 4340) Active condo listings: 3148 (3135, 3033, 2944) Homes 4-week running average: $440k ($443k, $444k, $448k) Condos 4-week running average: $231k ($237k, $245k, $243k) If you can't find what you're looking for with this many listings on the market, it might not exist. Have a good weekend!

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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: 738 (787, 683, 599) # Sales: 328 (271, 335, 271) Ratio: 44% (34%, 49%, 45%) # Price Changes: 570 (567, 584, 507) # Expired/Off Market Listings: 227 (437, 195, 237) Net loss/gain in listings this week: 227 (79, -42, 133) Active single family home listings: 4568 (4483, 4340, 4342) Active condo listings: 3135 (3033, 2944, 2990) Homes 4-week running average: $443k ($444k, $448k, $449k) Condos 4-week running average: $237k ($245k, $243k, $253k) Inventory continues to climb! The national HPI Index has been updated to include May's benchmarks; you can easily see how Calgary and Edmonton have basically done the opposite of…

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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: 787 (683, 599, 765) # Sales: 271 (335, 271, 346) Ratio: 34% (49%, 45%, 33%) # Price Changes: 567 (584, 507, 569) # Expired/Off Market Listings: 437 (195, 237, 194) Net loss/gain in listings this week: 79 (-42, 133, 182) Active single family home listings: 4483 (4340, 4342, 4256) Active condo listings: 3033 (2944, 2990, 2932) Homes 4-week running average: $444k ($448k, $449k, $436k) Condos 4-week running average: $245k ($243k, $253k, $247k) Single-family home inventory has now hit a 9-year high in Edmonton and condo inventory is getting close. Based on the number of new listings and price reductions, sellers are doing…

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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: 683 (599, 765, 832) # Sales: 335 (271, 346, 275) Ratio: 49% (45%, 33%, 38%) # Price Changes: 584 (507, 569, 536) # Expired/Off Market Listings: 195 (237, 194, 399) Net loss/gain in listings this week: -42 (133, 182, 363) Active single family home listings: 4340 (4342, 4256, 4109) Active condo listings: 2944 (2990, 2932, 2888) Homes 4-week running average: $448k ($449k, $436k, $425k) Condos 4-week running average: $243k ($253k, $247k, $243K) Have a great weekend!

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The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton real estate market showing a slight decline in both prices and sales, and big increases in new listings and inventory. Here's our snapshot of the market in May:  

Edmonton Stats

Our preliminary look at the Edmonton real estate market in May shows homes sales were up, ever so slightly, over last May. 879 single family homes were reported sold in May, up 0.9% from last May. While the increase in sales over last year is slight, at best, we have moved from sales being well below average for the past few months, to roughly average for this time of year. 368 condos were reported sold in May, up by 2 (o.5%) from last May: The benchmark price for…

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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: 599 (765, 832, 781) # Sales: 271 (346, 275, 296) Ratio: 45% (45%, 33%, 38%) # Price Changes: 507 (569, 536, 399) # Expired/Off Market Listings: 195 (237, 194, 399) Net loss/gain in listings this week: 133 (182, 363, 86) Active single family home listings: 4342 (4256, 4109, 3898) Active condo listings: 2990 (2932, 2888, 2754) Homes 4-week running average: $449k ($436k, $425k, $417k) Condos 4-week running average: $253k ($247k, $243K, $228k) I thought this article was a good read this week, about the pricing trends in Edmonton. The benchmark price for single family homes in Edmonton is up 4.2% over 5 years, compared 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: 765 (832, 781, 644) # Sales: 346 (275, 296, 278) Ratio: 45% (33%, 38%, 43%) # Price Changes: 569 (536, 399, 455) # Expired/Off Market Listings: 237 (194, 399, 159) Net loss/gain in listings this week: 182 (363, 86, 207) Active single family home listings: 4256 (4109, 3898, 3815) Active condo listings: 2932 (2888, 2754, 2761) Homes 4-week running average: $436k ($425k, $417k, $426k) Condos 4-week running average: $247k ($243K, $228k, $242k) Single family inventory continues to climb... there's certainly lots to choose from! Have a great weekend!

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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: 832 (781, 644, 627) # Sales: 275 (296, 278, 294) Ratio: 33% (38%, 43%, 47%) # Price Changes: 536 (399, 455, 349) # Expired/Off Market Listings: 194(399, 159, 195) Net loss/gain in listings this week: 363 (86, 207, 138) Active single family home listings: 4109 (3898, 3815, 3702) Active condo listings: 2888 (2754, 2761, 2682) Homes 4-week running average: $425k ($417k, $426k, $440k) Condos 4-week running average: $243K ($228k, $242k, $231k) According to my records, this week had the second highest number of new listings since at least 2007 (when I started doing the weekly updates). So more of the same is coming, higher…

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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: 781 (644, 627, 672) # Sales: 296 (278, 294, 248) Ratio: 38% (43%, 47%, 37%) # Price Changes: 399 (455, 349, 386) # Expired/Off Market Listings: 399 (159, 195, 198) Net loss/gain in listings this week: 86 (207, 138, 226) Active single family home listings: 3898 (3815, 3702, 3578) Active condo listings: 2754 (2761, 2682, 2638) Homes 4-week running average: $417k ($426k, $440k, $445k) Condos 4-week running average: $228k ($242k, $231k, $235k) The force is not strong in the Edmonton real estate market, unless you count the force of government regulations and mortgage rates. Sorry... Star Wars day was one of my dad's favourite…

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