We’ve created a new “snapshot” version of the real estate stats for Edmonton, our in depth analysis is below. We hope you’ll share the snapshot with friends and on social media. Here is our market snapshot for April, 2013
There were 1645 residential sales in the Greater Edmonton area in April. This is about equal to last April when 1656 homes [...]
Single family home sales are going strong – the highest we’ve seen for April since at least 2005 (when I started if keeping track). 904 single family homes sold in Edmonton through the MLS® system in April, 2013 which is up from 854 last year and 750 last month. The peak for single family home sales was in May of [...]
Low inventory is causing rapid growth in the average price of real estate in Edmonton. The interesting thing is that the inventory is low because there are fewer new listings than we typically see at this time of year, not because of increased sales.
As you can see below, the inventory of properties for sale is significantly lower than we typically [...]
Sales of single family homes were strong in Edmonton in March – 750 homes sold through the MLS® system (down slightly from 766 last year). If there were more homes on the market, that showed well, I am certain this number would be higher. My stats show the inventory of single family homes on the market are the lowest we’ve [...]
According to a recent report by the REALTORS® Association of Edmonton, the local housing market remains active. There were 1,089 sales in the Greater Edmonton Area in February, compared to 1153 last year and 921 last month. As we know from our report on Friday, affordable single family homes make up the strongest segment of the market.
Our agents are finding it [...]
As our clients and subscribers already know, there are some interesting things happening in the Edmonton real estate market right now. We sent out a special report yesterday specifying the absorption rates for condos and single family homes, broken down by price range. I did this because I was looking for evidence to prove what we already knew: affordable (under [...]
There were 921* residential sales in the Greater Edmonton area (CMA**) in January, according to a report from the REALTORS® Association of Edmonton today. The number of sales is up from 828 last January and 672 last month, and is the highest tally since 2008.
The average price of residential real estate in the Edmonton CMA is up substantially from last year. [...]
470 single family homes sold through the MLS® system in Edmonton in January, up from 450 last year and 361 last month. That is the highest number of single family home sales in January since 2008.
Condo sales were also higher than normal in Edmonton in January. 259 condos sold in January compared to 184 last year and 200 last month.
The [...]
Every month the REALTORS® Association of Edmonton releases stats on MLS® listings and sales in Edmonton, that give us a snapshot of what is happening with the real estate market in Edmonton. These stats have always included anything listed by a member of the association and covered a very large geographical area spanning from Mayerthorpe to Smoky Lake to Wetaskiwin [...]
Happy New Year! The Edmonton real estate market finished out the year in fairly typical fashion, with an average number of sales of single family homes and condos. 361 single family homes sold in December in Edmonton, down from 382 last year and 521 last month, but still in the normal range.
200 condos sold in Edmonton in December, down from [...]
Edmonton Real Estate Market Weekly Update, May 3/13
Light The Bridge
Record Single Family Home Sales in Edmonton in April
The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Liv Real Estate; Sheldon is the Broker for Liv Real Estate and Sara is an associate - both are licensed in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
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