The Edmonton Real Estate Blog
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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 […]

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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 […]

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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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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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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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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 […]

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Weekly Market Update, Sep. 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: 553 (513, 511, 468) # Sales: 267 (220, 294, 255) Ratio: 48% (43%, 58%, 54%) # Price Changes: 458 (380, 419, 374) # Expired/Off Market Listings: 226 (208, 497, 174) Net loss/gain […]

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Weekly Market Update, Sep. 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: 513 (511, 468, 499) # Sales: 220 (294, 255, 301) Ratio: 43% (58%, 54%, 60%) # Price Changes: 380 (419, 374, 378) # Expired/Off Market Listings: 208 (497, 174, 216) Net loss/gain […]

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Greater Edmonton Real Estate Market Stable in August

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Real Estate Market today showing sales in the normal range for this time of year, but lower than the past few years. “Alberta’s economy has been under enormous pressure for some time, but the residential real estate market in the Edmonton Census […]