Pent up demand for real estate in Edmonton brought sales back up to normal levels for June. Sales rebounded, surpassing the numbers reported for the past 4 years in Edmonton and pushing us into a seller's market (just barely with 3.8 months supply) for the first time since 2015. Watch our Facebook page for a live market discussion next week.  I'll update this post in a few days when the full monthly stats are released by the REALTORS® Association of Edmonton.  

Edmonton Stats

Condo sales also rebounded in June, matching the number of sales reported in 2018 but remained below normal levels. The average sale price for single-family homes fell 1.4% from last year to $411,882 and the median price dropped 1.6% to $373,638. The average sale price for condos fell 9% from last year to $215,403 and the median price dropped 7% to $204,500. The average price per square foot for single-family homes was equal to last year at $269 and for condos was down $13 to $212. Posted by Liv Real Estate on
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???? Thanks Sara.

Posted by GM on Wednesday, July 1st, 2020 at 8:19pm

Thanks Sara! Looks like the market's starting to heat up! High YoY sales, seller's market, and hopefully massive price appreciation coming!

Posted by Tom on Friday, July 3rd, 2020 at 2:10am

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