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Residential Real Estate Sales up 9.8% in the Greater Edmonton Area

Residential Real Estate Sales up 9.8% in the Greater Edmonton Area

We’ve reached the mid-way point for 2014, everything tends to slow down from here on out in terms of the real estate market in Edmonton. The REALTORS® Association of Edmonton has released their monthly reported on the real estate market in the Greater Edmonton Area, here are our findings based on their release.

There were more residential sales in June in the [...]

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Record Number of Single Family Home Sales in Edmonton in June

Record Number of Single Family Home Sales in Edmonton in June

As we expected, the market peaked in June this year; a new record was set in June for single family home sales in Edmonton. Thankfully the market in June was nothing like the market when the previous record was set (back in May of 2006) when you expected multiple offers on every home, and were lucky if you got to [...]

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Average Prices Reach All Time High in Greater Edmonton in May

Average Prices Reach All Time High in Greater Edmonton in May

It’s not just the Edmonton real estate market that’s hot, the whole region is in the midst of a growth spurt. According to a report released by the REALTORS® Association of Edmonton today, the areas surrounding Edmonton account for a large portion of the increase in sales overall. 

“The most active regions are St. Albert and Sherwood Park with 103 and 102 [...]

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Real Estate Market Red Hot in Edmonton in May

Real Estate Market Red Hot in Edmonton in May

The real estate market was hot in Edmonton in May. Buyers (and their agents) had to move quickly if they were interested in a property, and many had to write offers on 3, 4 or more homes before getting one accepted. We noticed a lot of properties that had been sitting on the market for awhile started getting attention from [...]

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Average Sale Price Reaches Record High in Greater Edmonton Area in April

Average Sale Price Reaches Record High in Greater Edmonton Area in April

It’s taken a long time for prices to rebound from the peak we saw in 2007, and unlike Calgary and Vancouver where prices have dramatically risen and fallen, we’ve seen a slow and steady rise over the past few years. A record number of people relocated to Alberta in 2013, and real estate sales in Edmonton are really starting to [...]

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Record Setting Single Family Home Sales in Edmonton in April

Record Setting Single Family Home Sales in Edmonton in April

In April, the real estate market in Edmonton was hot… very hot. In fact, we haven’t seen so many single family homes change hands through the MLS® system since May, 2007.
Single Family Home Sales
1048 single family homes sold in Edmonton in April, up 15.9% from last April, and the most we’ve seen in the month of April since I’ve been [...]

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Sales Surge in Energetic Edmonton Real Estate Market

Sales Surge in Energetic Edmonton Real Estate Market

Real Estate sales in the Greater Edmonton area were up 9.8% from last March. 1647* residential listings sold in the Greater Edmonton Area in March - the most sales we’ve seen in March in at least 7 years.

The average residential sale price was up 2% from last March at $361,870, for the second month in a row we’ve set a new [...]

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Edmonton Real Estate Market is No Joke

Edmonton Real Estate Market is No Joke

Ok so it’s not just our office that’s busy. Just kidding ;) The last time we saw over 800 sales of single family homes in the month of March was in 2007 when there were 874 sales. We didn’t quite hit the level of sales we saw in 2007, but we came close in March. There were 840 sales of [...]

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Shortage of Listings in Greater Edmonton Area Creates Tight Real Estate Market in February

Shortage of Listings in Greater Edmonton Area Creates Tight Real Estate Market in February

The real estate market in the Greater Edmonton Area is heating up, market stats are up across the board compared to last year, except for listings and inventory. Increased demand an lower supply has lead to increasing prices and frustrated buyers. 

There were 1189* residential sales in the Greater Edmonton Area in February, up 11.85% from last February. The sales to [...]

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Edmonton Home Prices Up 7.46% Over Last February

Edmonton Home Prices Up 7.46% Over Last February

February was certainly an interesting month for the real estate market in Edmonton. Single family home sales were particularly strong in February; 648 single family homes sold through the MLS system in Edmonton in February, up 13% over last year, and the highest level we’ve seen in 7 years. 

Condo sales were also up from last year – 319 condos sold [...]

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