Strong Finish to the 2013 Real Estate Market in Edmonton

The real estate market ended the year strong in Edmonton, with higher sales and prices than we've seen for a few years. 418 single family homes sold in Edmonton in December, up 16% from 361 last year.

SFSales
Edmonton Single Family Home Sales

Condos sales were also strong, 247 condos sold in December up 24% from last year.

CondoSales
Edmonton Condo Sales

The average price of single family homes continued to rise in December, hitting the peak price for the year. The average sale price for single family homes was $428,087 in December, up 2.8% from last December. The median sale price for single family homes was $381,250, up 5.9% from last year. The average sale price for condos was $238,649, up 3.1% from last December. The median sale price for condos was $220,000 up 7% from last year.

AveragePrice
Average Price

The average price per square foot for single family homes was $268 - equal to last month and up from $258 last year. The average price per square foot for condos was $230 - up from $221 last year.

AveragePricePerSquareFoot
Average Price Per Square Foot

As always this is our preliminary report on the Edmonton real estate market, our final monthly report on the greater Edmonton area will be posted soon... We are working on some predictions and will be adding additional information from the housing forecast held by the REALTORS® Association of Edmonton in the near future.

About 

Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara’s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.

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7 Responses to “Strong Finish to the 2013 Real Estate Market in Edmonton”

  1. wsnNo Gravatar 02. Jan, 2014 at 9:10 am #

    Good to see that pice/sf shows a health and steady growth.

    • GMNo Gravatar 02. Jan, 2014 at 4:39 pm #

      The chart doesn’t show 2007 price/sq ft. Wonder what the all-time high is.

      • wsnNo Gravatar 02. Jan, 2014 at 7:32 pm #

        $327 according to Bob Truman’s site. Roughly half of 2007 was over $300.

  2. BOSSNo Gravatar 02. Jan, 2014 at 5:20 pm #

    @ GM

    Ditto, I was thinking the exact same thing?

  3. saskatoonrealty.comNo Gravatar 04. Jan, 2014 at 3:25 am #

    We had a strong 2013 in Saskatoon as well. Let’s hope things keep up in 2014!

  4. Rahul JainNo Gravatar 09. Jan, 2014 at 4:29 am #

    The chart you have shown is very clear and was good to see that real estate market ended the year strong in Edmonton with higher sales. Now many people get maximum out of it!

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  1. Edmonton in 2013 - MasterMaq's Blog - 02. Jan, 2014

    […] From the Edmonton Real Estate Blog, here’s a look back at 2013. […]