How was the market activity in October 2021?

Posted on November 4, 2021 by Kyla Suder

How was the Edmonton and area Real Estate Market in October 2021...

Edmonton, November 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October 2021 increased 11.7% compared to October 2020 and decreased 0.6% from September 2021.

For October, single-family home unit sales are up 0.9% from October 2020 and down 2.3% from September 2021 at 1,125.

All residential average prices are at $377,848, a 1.1% decrease from October 2020, with no change occurring from September 2021.

Single-family homes averaged $450,306, a 1.6% year-over-year increase and a 0.6% decrease from September 2021.

Single-family homes averaged 40 days on the market, a seven-day decrease from October of last year.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.