The Edmonton Real Estate Blog
weekly-real-estate-update

Weekly Market Report, Jan. 13/17

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 390 (256, 74, 190) # Sales: 124 (97, 95, 180) Ratio: 32% (38%, 128%, 95%) # Price Changes: 205 (142, 63, 122) # Expired/Off Market Listings: 179 (581, 131, 262) Net loss/gain […]

weekly-real-estate-update

Weekly Market Report, Jan. 6/17

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 256 (74, 190, 213) # Sales: 97 (95, 180, 161) Ratio: 38% (128%, 95%, 76%) # Price Changes: 142 (63, 122, 127) # Expired/Off Market Listings: 581 (131, 262, 238) Net loss/gain […]

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Housing Forecast Seminar: Live Blog

Today we’re attended the always informative Housing Forecast Seminar put on by the REALTORS® Association of Edmonton. We always get tons of insight on the market and what to expect at the seminar that I’ll be sharing here. James Mabey; Chair, REALTORS® Association of Edmonton Single-family home sales were down 5.4% in 2016 compared to […]

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Edmonton Real Estate Market Finishes 2016 Normally

Our preliminary monthly report on the Edmonton real estate market for December shows that we ended 2016 in much the same way we normally do. Sales of single-family homes were right in the normal range for December; 392 homes were reported sold in December, up 3.4% from last year. Condos sales were down slightly from […]

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Weekly Market Report, Dec. 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: 74 (190, 213, 278) # Sales: 95 (180, 161, 137) Ratio: 128% (95%, 76%, 49%) # Price Changes: -152 (122, 127, 206) # Expired/Off Market Listings: 131 (262, 238, 218) Net loss/gain […]

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Weekly Market Report, Dec. 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: 190 (213, 278, 290) # Sales: 180 (161, 137, 208) Ratio: 95% (76%, 49%, 72%) # Price Changes: 122 (127, 206, 266) # Expired/Off Market Listings: 262 (238, 218, 443) Net loss/gain […]

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How do you know if your agent is licensed?

So we have an interesting situation happening at our office at the moment… someone has created a fraudulent company that shares a name with one of our agents. We’ve been contacted by a number of people over the past week about “Mobey Real Estate” or “Moby Real Estate” because one of our associates is named Angel […]

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Weekly Real Estate Market Update Dec. 16/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 213 (278, 290, 327) # Sales: 161 (137, 208, 189) Ratio: 76% (49%, 72%, 58%) # Price Changes: 127 (206, 266, 262) # Expired/Off Market Listings: 238 (218, 443, 164) Net loss/gain […]

EdmontonRealEstateWeeklyUpdateChristmas

Weekly Market Update, Dec. 9/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 278 (290, 327, 432) # Sales: 137 (208, 189, 172) Ratio: 49% (72%, 58%, 40%) # Price Changes: 206 (266, 262, 280) # Expired/Off Market Listings: 218 (443, 164, 194) Net loss/gain […]

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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 […]

EdmontonRealEstateWeeklyUpdateChristmas

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 […]

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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 […]

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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 […]