Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 235 (89,218, 237) # Sales: 113 (68, 158, 160) Ratio: 48% (76%, 72%, 68%) # Price Changes: 167 (71, 178, 236) # Expired/Off Market Listings: 720 (174, 306, 210) Net loss/gain in listings this week: -598 (-153, -246, -133) Active single family home listings: 2958 (3293, 3401, 3577) Active condo listings: 1762 (1983, 2031, 2068) Homes 4-week running average: $431k ($423k, $424k, $420k) Condos 4-week running average: $214k ($205k, $205k, $205k)   (*Note, the graph legend will be updated shortly to show 2019, but the new numbers are still charted on graph(s) above). Have a great weekend:) Posted by Liv Real Estate on
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The replacement cost of the resale townhouses is about 2 to 3 times what they sell for today. Edmonton should be promoted as a retirement destination because of the low cost of living as well as low taxes and no surtaxes or supersurtaxes.

Posted by Tony on Monday, January 7th, 2019 at 8:29pm

Retirement destination ? Hell , there are so many places with lower cost of living and better climate .

Posted by Andrii on Monday, January 7th, 2019 at 11:45pm

2 to 3 times replacement cost ??? How..... Like if one is for sale for is built for 750?

Posted by Leslie on Tuesday, January 8th, 2019 at 2:00am

Wow - condos seem to be in a free fall. Is this a buying opportunity, or is there more bad news to come?

Does anyone have any stats on the rental market in Edmonton? What do vacancy rates look like? This seems like it could be a time to buy and have some positive cashflow because of the low purchase price.

Thanks for all of this useful information!

Posted by Smitty on Tuesday, January 8th, 2019 at 4:46am


In a down real estate market, it would be nice to have access to the average/mean number of days on market to sell a house or condo. Just a thought...

Posted by Caroline on Friday, January 11th, 2019 at 1:12am

Thanks for the suggestion - we include that information in our monthly reports.

Posted by Sara MacLennan on Sunday, January 27th, 2019 at 6:09am

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