The Edmonton Real Estate Blog
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Weekly Update, Feb. 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: 479 (578, 436, 442) # Sales: 174 (166, 165, 142) Ratio: 36% (29%, 38%, 32%) # Price Changes: 280 (276, 246, 266) # Expired/Off Market Listings: 175 (360, 154, 175) Net loss/gain […]

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Weekly Update, Feb. 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: 578 (436, 442, 434) # Sales: 166 (165, 142, 135) Ratio: 29% (38%, 32%, 31%) # Price Changes: 276 (246, 266, 232) # Expired/Off Market Listings: 360 (154, 175, 146) Net loss/gain […]

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Home Buyers Can’t Find What They’re Looking For, in Edmonton

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market today, saying buyers in the Edmonton area are being a little more cautious these days: “Sales volumes are down, relative to the same time last year,” REALTORS® Association of Edmonton Chair Steve Sedgwick explains. “It is likely that home […]

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Real Estate Market Correcting in Edmonton in January

Single family home sales were a little sluggish in Edmonton in January, ok maybe a lot sluggish… 308 single family homes sold in Edmonton in January, down 12% from last January and the lowest total since I’ve been keeping track (2005) and maybe longer. I don’t think many people will find this surprising, considering the […]

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Weekly Market Update, Jan. 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: 436 (442, 434, 402) # Sales: 165 (142, 135, 85) Ratio: 38% (32%, 31%, 21%) # Price Changes: 246 (266, 232, 204) # Expired/Off Market Listings: 154 (175, 146, 526) Net loss/gain […]

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Weekly Update, Jan. 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: 442 (434, 402, 94) # Sales: 142 (135, 85, 64) Ratio: 32% (31%, 21%, 68%) # Price Changes: 266 (232, 204, 69) # Expired/Off Market Listings: 175 (146, 526, 531) Net loss/gain […]

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Weekly Update, Jan. 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: 434 (402, 94, 171) # Sales: 135 (85, 64, 154) Ratio: 31% (21%, 68%, 90%) # Price Changes: 232 (204, 69, 97) # Expired/Off Market Listings: 146 (526, 531, 192) Net loss/gain […]

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It’s Not Just About the Price

It’s not always price. CBC Edmonton recently published an article about the real estate market in Edmonton, that could use some commentary and clarification. The article talks about the supply of homes on the market outstripping demand, and gives an example of one couple that had to sell their home for $100,000 less than they were asking. […]

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Weekly Update, Jan. 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: 402 (94, 171, 248) # Sales: 85 (64, 154, 165) Ratio: 21% (68%, 90%, 67%) # Price Changes: 204 (69, 97, 179) # Expired/Off Market Listings: 526 (531, 192, 263) Net loss/gain […]

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2016 Edmonton Real Estate Forecast: Live Blog

Every year, the REALTORS® Association of Edmonton hosts a very informative housing forecast seminar. Today I’m live blogging at the seminar, summarizing the thoughts from each presenter. Steve Sedgwick, Chair, REALTORS® Association of Edmonton We expect to see a continued decline in sales in 2016, but not a dramatic one (single family homes -2.5% year over year and […]

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Chart Topping Inventory of Homes on the Market in December

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market today and gave some comments on the year as a whole: “2015 was a steady year for real estate in Edmonton. Edmonton and the surrounding areas experienced a decline in sales due to economic uncertainty, but we saw […]

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Home Buyers Get More Home for Their Buck in Edmonton in December

As we’ve seen all year, the real estate market in Edmonton in December was pretty average, albeit well below 2014 levels. 379 single family homes were reported sold in Edmonton, down 14% from a year previous and right around the same level we saw in 2010, ’11 & ’12. Condo sales were significantly down in […]

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Weekly Market Update, Jan. 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: 94 (171, 248, 330) # Sales: 64 (154, 165, 164) Ratio: 68% (90%, 67%, 50%) # Price Changes: 69 (97, 179, 211) # Expired/Off Market Listings: 531 (192, 263, 181) Net loss/gain […]

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Weekly Market Update, Dec. 25/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 171 (248, 330, 321) # Sales: 154 (165, 164, 179) Ratio: 90% (67%, 50%, 56%) # Price Changes: 97 (179, 211, 234) # Expired/Off Market Listings: 192 (263, 181, 449) Net loss/gain […]

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Weekly Update, Dec. 18/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 248 (330, 321, 359) # Sales: 165 (164, 179, 221) Ratio: 67% (50%, 56%, 62%) # Price Changes: 179 (211, 234, 283) # Expired/Off Market Listings: 263 (181, 449, 181) Net loss/gain […]

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Weekly Update, Dec. 11/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 330 (321, 359, 301) # Sales: 164 (179, 221, 226) Ratio: 50% (56%, 62%, 75%) # Price Changes: 211 (234, 283, 281) # Expired/Off Market Listings: 181 (449, 181, 188) Net loss/gain […]

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Weekly Update, Dec. 4/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 321 (359, 301, 406) # Sales: 179 (221, 226, 217) Ratio: 56% (62%, 75%, 53%) # Price Changes: 234 (283, 281, 301) # Expired/Off Market Listings: 449 (181, 188, 214) Net loss/gain […]

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Lots of Listings to Choose from in the Edmonton Area in November

The inventory of homes for sale at the end of November was up almost 55% in the Greater Edmonton area. Interestingly, word on the street is that there’s not a lot to choose from, so either there’s a lot of over priced, undesirable properties on the market, or those people considering buying are hesitant or […]

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Single Family Homes Sales Still Strong in Edmonton in November

Those looking to buy a home in Edmonton still have lots to choose from compared to last year, even as the inventory continues its seasonal decline. With mortgage rates on the rise, those that still haven’t found what they’re looking for might be inclined to lower their expectations, but most will likely continue to wait. […]

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Weekly Update, Nov. 27/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 359 (301, 406, 437) # Sales: 221 (226, 217, 227) Ratio: 62% (75%, 53%, 52%) # Price Changes: 283 (281, 301, 364) # Expired/Off Market Listings: 181 (188, 214, 484) Net loss/gain […]