The Edmonton Real Estate Blog
monthly-real-estate-report

Luxury Sales Boost Average Home Price in Edmonton Area

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market today showing lower demand and higher supply than last year, much like we’ve seen all year. In these conditions, it’s surprising that the overall average residential sale price increased by 1%, but this was partially due to a number […]

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Weekly Market Update, Dec. 2/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 290 (327, 432, 409) # Sales: 208 (189, 172, 195) Ratio: 72% (58%, 40%, 48%) # Price Changes: 266 (262, 280, 312) # Expired/Off Market Listings: 443 (164, 194, 191) Net loss/gain […]

Edmonton-real-estate-report

Bigger Homes Sold in Edmonton Keep Average Prices High

Our preliminary monthly report on the Edmonton real estate market revealed some interesting stats. The average size of single-family homes sold in Edmonton reached it’s highest point since I started tracking the market in 2005 (1,573 square feet). Unlike most parts of the country, the average size of homes sold in Edmonton has been trending […]

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Weekly Real Estate Market Update, Nov. 25/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 327 (432, 409, 388) # Sales: 189 (172, 195, 193) Ratio: 58% (40%, 48%, 50%) # Price Changes: 262 (280, 312, 366) # Expired/Off Market Listings: 164 (194, 191, 432) Net loss/gain […]

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Weekly Real Estate Market Update, Nov. 18/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 432 (409, 388, 354) # Sales: 172 (195, 193, 279) Ratio: 40% (48%, 50%, 79%) # Price Changes: 280 (312, 366, 332) # Expired/Off Market Listings: 194 (191, 432, 181) Net loss/gain […]

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Weekly Real Estate Market Update, Nov. 11/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 409 (388, 354, 381) # Sales: 195 (193, 279, 274) Ratio: 48% (50%, 79%, 72%) # Price Changes: 312 (366, 332, 361) # Expired/Off Market Listings: 191 (432, 181, 223) Net loss/gain […]

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Weekly Real Estate Market Update, Nov. 4/11

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 388 (354, 381, 428) # Sales: 193 (279, 274, 206) Ratio: 50% (79%, 72%, 48%) # Price Changes: 366 (332, 361, 356) # Expired/Off Market Listings: 432 (181, 223, 180) Net loss/gain […]

monthly-real-estate-report

Mortgage Rule Changes Bump up Home Sales in October

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton real estate market yesterday saying: “The housing market in Edmonton continues to experience relative stability, with increased sales and steady prices year-over-year for October,” said Steve Sedgwick, Chair of the REALTORS® Association of Edmonton. “We typically see the market slow during the […]

Edmonton-real-estate-report

Slight Increase in Sales of Single-Family Homes in October Comes With Falling Prices

Sales of single-family homes were up slightly from last year in Edmonton in October. 689 homes were reported sold in October, up 2.7% from last year, a trend that is not likely to continue for the rest of the year. The “bump” was likely caused, at least in part, by the new mortgage rules that came […]

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Weekly Real Estate Market Update, Oct. 28/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 354 (381, 428, 571) # Sales: 279 (274, 206, 276) Ratio: 79% (72%, 48%, 48%) # Price Changes: 332 (361, 356, 419) # Expired/Off Market Listings: 181 (223, 180, 480) Net loss/gain […]

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Coming Soon Listings – How and Why to Do it Right

There is a bit of a debate going on amongst real estate agents about “coming soon” listings. Many are opposed to the practice because they think listing agents are trying to cut buyer’s agents out, and in some cases they probably are. However, coming soon listings, when done right, are very effective. What do I […]

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Weekly Market Update, Oct. 21/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 381 (428, 571, 468) # Sales: 274 (206, 276, 252) Ratio: 72% (48%, 48%, 54%) # Price Changes: 361 (356, 419, 413) # Expired/Off Market Listings: 223 (180, 480, 173) Net loss/gain […]

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Weekly Market Update, Oct. 14/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 428 (571, 468, 453) # Sales: 206 (276, 252, 269) Ratio: 48% (48%, 54%, 59%) # Price Changes: 356 (419, 413, 414) # Expired/Off Market Listings: 180 (480, 173, 235) Net loss/gain […]

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Weekly Market Update With Thoughts on the New Mortgage Rules

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 571 (468, 453, 553) # Sales: 276 (252, 269, 267) Ratio: 48% (54%, 59%, 48%) # Price Changes: 419 (413, 414, 458) # Expired/Off Market Listings: 480 (173, 235, 226) Net loss/gain […]

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Prices Remain Stable in Greater Edmonton Area While Sales Stay Slow

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market today saying: “We expect to see listings and sales slow as winter approaches. We may begin to see the effects of slight downward pressure on prices, but do not expect to see any drastic movement as our market […]

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Tips for Saving Money on Your Home Insurance

When you’re buying a home, you’re probably thinking about how to best protect your new investment without breaking the bank. A good home insurance policy will not only protect your home. It will also cover damage to the building, your belongings, and your financial wellbeing, should someone suffer an injury on your property. We spoke […]

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Buyers Get More Home for Their Buck in Edmonton in September

Sales of single family homes in Edmonton were downright average in September: 733 single family homes were reported sold in September, down 8.9% from last year and right in the middle of the totals we’ve seen for the past 8 years: Condo sales on the other hand were tied with 2011 for the lowest number sales […]

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Weekly Market Update, Sep. 30/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 468 (453, 553, 513) # Sales: 252 (269, 267, 220) Ratio: 54% (59%, 48%, 43%) # Price Changes: 413 (414, 458, 380) # Expired/Off Market Listings: 173 (235, 226, 208) Net loss/gain […]

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Fall Prep for Spring Listings

When people are looking for a house to buy, regardless of their criteria and how long they’ve been searching, the one that knocks their socks off at the curb is the one they know is right. It doesn’t matter if it’s the first or the fiftieth house they’ve seen, it’s just a gut feeling that […]

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Weekly Market Update, Sep. 23/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 453 (553, 513, 511) # Sales: 269 (267, 220, 294) Ratio: 59% (48%, 43%, 58%) # Price Changes: 414 (458, 380, 419) # Expired/Off Market Listings: 235 (226, 208, 497) Net loss/gain […]