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Edmonton, October 4, 2021:
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for September 2021 increased 0.9% compared to September 2020 and decreased
8.4% from August 2021.
For September, single-family home unit sales are down 2.8% from September 2020 and down 7.6%
from August 2021 at 1,151. Condo unit sales increased 16.8% from September 2020 and decreased
7.0% from August 2021. Duplex/rowhouse unit sales were down 11.4% year-over-year and down
20.8% month-over-month.
All residential average prices are at $377,554, a 0.3% increase from September 2020 and down
1.9% from August 2021. Single-family homes averaged $453,011, a 2.8% year-over-year increase
and a 1.9% decrease from August 2021. Condominiums sold for an average of $224,212, a 3.5%
decrease year-over-year, and prices are down 1.5% compared to August 2021. Duplex prices
decreased 0.9% from September 2020, selling at $337,236, which was a 5.1% decrease from
August 2021.
Single-family homes averaged 38 days on the market, a nine-day decrease from September of last
year. Condos averaged 56 days on the market, a nine-day decrease year-over-year, while duplexes
averaged 42 days on the market.
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