The Edmonton Real Estate Blog
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Population Growth Boosts Edmonton Real Estate Market

The REALTORS® Association of Edmonton released their monthly update on the real estate market in the Greater Edmonton Area today, showing rising prices and a tighter inventory of homes on the market. So far this year, the total value of residential real estate sales through the Edmonton Multiple Listing Service (MLS®) System has increased almost 14% […]

Luxury Home Sales up 33% in Edmonton

Real Estate sales in Edmonton continued to follow the expected seasonal trend in August, once again at higher levels than we’ve seen for a number of years. With the census data for Edmonton released last week, it’s no surprise sales are ahead of previous years, as the population of Edmonton grew by 60,000 people in […]

Real Estate Sales Surpass Previous 6 Years in July

According to a report released by the REALTORS® Association of Edmonton yesterday, residential real estate sales last month totalled 2013 sales in July, up 9.7% over last July. In fact, they were ahead of the past 6 July’s in the Greater Edmonton Area. As we reported last week, there was a large increase in condo sales in July, […]

Condo Sales Take Off in Edmonton

” In Canada there’s Alberta, and there’s everywhere else.” Financial Post, July 23 2014 “Alberta Highest Vacancy Rate of Unfilled Jobs. 63,000 Positions Available in the Province.” Calgary Herald, July 28, 2014 “Alberta Leads Country in Job Creation Thanks to ‘Perfect Storm’ of Economic Facts.” Edmonton Journal, July 11, 2014 Those three headlines pretty much […]

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. Market Snapshot There […]

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 […]

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 […]

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 […]

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 […]

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 […]

Sales Surge in Energetic Edmonton Real Estate Market

  Market Snapshot March 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. Residential Sales The average residential sale price was up 2% from last March at […]

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 […]

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.  Market Snapshot February 2014 There were 1189* residential sales in the Greater Edmonton Area […]

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.  Single Family Home Sales Condo sales […]

Listing Inventory Lowest We’ve Seen in 5 Years in Edmonton in January

The REALTORS® Association of Edmonton released their monthly report on the housing market in the Greater Edmonton Area today with the headline “Local housing sales and inventory up in stable market.” I very rarely do this, but I have to disagree with our Association’s take on the housing market today. In their release (and their […]

Single Family Home Prices up 7.2% Over Last January in Edmonton

Sales of single family homes were slightly lower in January than a year previous. There were 441 sales in January in Edmonton compared to 470 last January. This is the first time single family home sales were lower than the previous year in 6 months.  The inventory of single family homes on the market is […]

Real Estate Sales up 8% in Edmonton in 2013

All things considered, 2013 was a very good year for the Edmonton real estate market. Total residential sales were up nearly 8% over last year, and prices increased moderately showing strength in our market without putting extra pressure on buyers. People moved to the Edmonton area in droves, and the vacancy rate on rental properties […]

Strong Finish to the 2013 Real Estate Market in Edmonton

The real estate market ended the year strong in Edmonton, with higher sales and prices than we’ve seen for a few years. 418 single family homes sold in Edmonton in December, up 16% from 361 last year. Edmonton Single Family Home Sales Condos sales were also strong, 247 condos sold in December up 24% from […]

Real Estate Market Ploughs Ahead in Edmonton in November

Residential sales in the Greater Edmonton Area real estate market were the highest we’ve seen in the month of November since 2009.  “The Edmonton market continues to perform well with sales up and prices rising,” said RAE President Darrell Cook, in a news release yesterday. With some of the most affordable housing in the country, […]

Real Estate Market Still Ahead of Previous Years in Edmonton in November

The real estate market in Edmonton stayed ahead of previous years in November. 599 single family homes sold in November, compared to 521 last year and 759 last month – the most homes sold in November in at least 6 years. Sales of Single Family Homes in Edmonton Condo sales were also strong in November […]