The Edmonton Real Estate Blog

Real Estate Market Typical in August, Albeit Slower than the Past Few Years

The single family home market in Edmonton is performing a bit better than the condo market, all things considered. With a high inventory of resale apartment condos competing with glitzy new downtown highrises, where many sales are not reported through the MLS® system (builders often sell directly), selling a condo in Edmonton can be a bit […]

Weekly Market Update, Aug. 26/16

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 (499, 555, 528) # Sales: 255 (301, 282, 245) Ratio: 54% (60%, 51%, 46%) # Price Changes: 374 (378, 413, 365) # Expired/Off Market Listings: 174 (216, 208, 437) Net loss/gain […]

Weekly Market Update, Aug. 19/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 499 (555, 528, 473) # Sales: 301 (282, 245, 318) Ratio: 60% (51%, 46%, 67%) # Price Changes: 378 (413, 365, 388) # Expired/Off Market Listings: 216 (208, 437, 179) Net loss/gain […]

Weekly Market Update, Aug 12/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 555 (528, 473, 541) # Sales: 282 (245, 318, 298) Ratio: 51% (46%, 67%, 55%) # Price Changes: 413 (365, 388, 365) # Expired/Off Market Listings: 208 (437, 179, 211) Net loss/gain […]

Greater Edmonton Real Estate Prices Remain High Despite Sluggish Sales

The REALTORS® Association of Edmonton released their monthly report on the greater Edmonton real estate market this week with some unexpected results. The overall average residential price continued to rise to a new record high in July, while sales decreased, and inventory increased on a year over year basis. Here’s our snapshot on the market […]

Weekly Update, August 5/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 528 (473, 541, 561) # Sales: 245 (318, 298, 307) Ratio: 46% (67%, 55%, 55%) # Price Changes: 365 (388, 365, 399) # Expired/Off Market Listings: 437 (179, 211, 242) Net loss/gain […]

Real Estate Prices Hang Tight in Edmonton in July Amidst Lower Sales

We continue to see buyers getting more house for their buck in Edmonton in July, along with slower sales and higher inventory than last year. It’s starting to look a bit like 2009, when the first half of the year was pretty normal in terms of sales, and the second half slowed down quite bit. […]

Weekly Update, July 29/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 473 (541, 561, 526) # Sales: 318 (298, 307, 258) Ratio: 67% (55%, 55%, 49%) # Price Changes: 388 (365, 399, 338) # Expired/Off Market Listings: 179 (211, 242, 479) Net loss/gain […]

Weekly Market Update, July 22/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 541 (561, 526, 521) # Sales: 298 (307, 258, 307) Ratio: 55% (55%, 49%, 59%) # Price Changes: 365 (399, 338, 384) # Expired/Off Market Listings: 211 (242, 479, 435) Net loss/gain […]

Edmonton Real Estate Market Weekly Update, July 15/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 561 (526, 521, 512) # Sales: 307 (258, 307, 347) Ratio: 55% (49%, 59%, 68%) # Price Changes: 399 (338, 384, 392) # Expired/Off Market Listings: 242 (479, 435, 166) Net loss/gain […]

Edmonton Real Estate Market Weekly Update, July 8/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 526 (521, 512, 576) # Sales: 258 (307, 347, 353) Ratio: 49% (59%, 68%, 61%) # Price Changes: 338 (384, 392, 412) # Expired/Off Market Listings: 479 (435, 166, 196) Net loss/gain […]

Buyers Getting More Bang for Their Buck in the Greater Edmonton Area

The greater Edmonton area real estate market looked a lot like May, in June with similar numbers of sales, inventory and days on market. Prices remain stable on a year over year basis, as they’ve been since February. “Although June’s residential unit sales are up slightly over May, we did not see the numbers set […]

Condo Prices up in Edmonton in June

After a rather promising May, the real estate market in Edmonton was a bit of a let down in June, the only bright spot being condo prices. Sales of single family homes were down 16% from last June (934 single family home sales were reported). Condo sales have been sluggish all year and although we […]

Weekly Market Update, July 1/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 521 (512, 576, 581) # Sales: 307 (347, 353, 334) Ratio: 59% (68%, 61%, 57%) # Price Changes: 384 (392, 412, 380) # Expired/Off Market Listings: 435 (166, 196, 211) Net loss/gain […]

Weekly Market Update, June 24/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 512 (576, 581, 516) # Sales: 347 (353, 334, 299) Ratio: 68% (61%, 57%, 58%) # Price Changes: 392 (412, 380, 425) # Expired/Off Market Listings: 166 (196, 211, 366) Net loss/gain […]

Weekly Market Update, June 17/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 576 (581, 516, 504) # Sales: 353 (334, 299, 322) Ratio: 61% (57%, 58%, 64%) # Price Changes: 412 (380, 425, 368) # Expired/Off Market Listings: 196 (211, 366, 143) Net loss/gain […]

Weekly Market Update, June 10/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 581 (516, 504, 599) # Sales: 334 (299, 322, 353) Ratio: 57% (58%, 64%, 59%) # Price Changes: 380 (425, 368, 404) # Expired/Off Market Listings: 211 (366, 143, 211) Net loss/gain […]

Weekly Market Update, June 3/16

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 516 (504, 599, 604) # Sales: 299 (322, 353, 302) Ratio: 58% (64%, 59%, 50%) # Price Changes: 425 (368, 404, 395) # Expired/Off Market Listings: 366 (143, 211, 162) Net loss/gain in listings […]

Inventory of Homes on the Market Continues to Rise in the Greater Edmonton Area

The inventory of homes on the market continued to climb in the Greater Edmonton area in May, up 12% from last May and 45% from two years ago, but still significantly lower than the record levels we saw in 2008. Residential sales were 5.3% lower than last May, but I don’t think we’ve hit our […]

Edmonton Single Family Home Sales Up From Last Year in May

For the first time this year, single family homes sales are ahead of last year in Edmonton! Say what? Condos are another story but we’ll get to that in a minute. There were 931 single family home sales reported on the MLS® in May in Edmonton, up 2.8% from last May and in the normal […]