Edmonton, May 2, 2023:

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2023 hit 2,028, decreasing 30.8% compared to April 2022 but increasing 11.1% from March 2023. New residential listings were down 26% year-over-year from April 2022, while also noting an increase of 6% from March 2023. Overall inventory in the GEA was up 7.4% from April of last year, and up 9.3% from the previous month.

For April, detached unit sales were down 32.9% from April 2022, but saw an increase of 14.2% from March 2023 at 1,229. Semi-detached unit sales were down 37% year-over-year but increased by 19.3% from March 2023. Total residential average prices hit $408,631, a 6% decrease from April 2022, and an increase of 4.8% from March 2023. Detached homes averaged $500,635, a 4.6% year-over-year decrease and a 3.1% increase from March 2023. Semi-detached sold for an average of $378,797, resulting in a small 3.4% decrease year-over-year, but saw an increase of 3.7% from the...

Edmonton, April 4, 2023:
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for March 2023 decreased 44.6% compared to March 2022 but saw an increase of 42.1% from February 2023. New residential listings were down 22% year-over-year from March 2022, while also noting an increase of 32.3% from February 2023. Overall inventory in the GEA was up 22.1% from March of last year, and up 11.8% from the previous month.
For March, detached unit sales were down 47.5% from March 2022, but saw an increase of 48.4% from February 2023 at 1076. Semi-detached unit sales were down 58.2% year-over-year but increased by 20.7% from February 2023.
Total residential average prices hit $390,063, a 9.5% decrease from March 2022, and an increase of 5.6% from February 2023. Detached homes averaged $485,739, a 6.4% year-over-year decrease and a 5.7% increase from February 2023. Semi-detached sold for an average of $365,455, resulting in a small 4.1% decrease year-over-year, but saw an increase...

Edmonton, March 2, 2023:

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for February 2023 decreased 43.4% compared to February 2022 but saw an increase of 31.2% from January 2023. New residential listings were down 12.9% year-over-year from February 2022, while also noting an increase of 15.1% from January 2023. Overall inventory in the GEA was up 20.8% from February of last year, and up 8.5% from the previous month.

For February, detached unit sales were down 50.9% from February 2022, but saw an increase of 24.4% from January 2023 at 725. Semi-detached unit sales were down 47.7% year-over-year but increased by 50% from January 2023.

Total residential average prices hit $369,286, a 13% decrease from February 2022, and a 0.2% decrease from January 2023. Detached homes averaged $459,600, a 9% year-over-year decrease and a 1.8% increase from January 2023. Semi-detached sold for an average of $357,611, resulting in a small 0.6% decrease year-over-year, with...

Edmonton, February 2, 2023:

New residential listings were up 8.5% year-over-year from January 2022, while also noting an increase of 94.8% from December 2022.

For January, detached unit sales were down 32.1% from January 2022, but saw a small increase of 1.4% from December 2022 at 583. Semi-detached unit sales were down 35.9% year-over-year but increased by 2.0% from December 2022.

All residential average prices hit $370,068, a 6.2% decrease from January 2022, and 1.4% decrease from December 2022. Detached homes averaged $451,659, a 2.1% year-over-year decrease and a 4.2% decrease from December 2022. Semi-detached sold for an average of $355,086, resulting in a 5.2% decrease year-over-year, with prices down 0.9% compared to December 2022.

Detached homes averaged 65 days on the market, an 11-day increase from January of last year. Semi-detached homes averaged 50 days on the market, decreasing seven days year-over-year. Overall, all residential listings averaged 66 days on the market, increasing...

Edmonton, November 2, 2022: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October decreased 6.7% compared to September 2022 and saw a year-over-year decrease of 21% from October 2021.

New residential listings decreased 13% month-over-month from September 2022 and saw a small increase of 0.8% from October of last year.

Single-family home unit sales were down both 22.59% from October 2021 and 2.8% from September 2022 at 869.

Single-family homes averaged $462,858, a 2.7% year-over-year increase and a month-over-month loss of 0.3%.

“While we saw marginal month-over-month changes across the single family, condo and duplex/row homes categories, our all-residential listings were down substantially from September 2022” says REALTORS® Association of Edmonton Chair Paul Gravelle. “The all-residential sales were also down from the previous month and from October of 2021.”

Single-family homes averaged 44 days on the market, seeing...

Edmonton, October 4, 2022:

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for September decreased 12.2% compared to August 2022 and saw a year-over-year decrease of 15.7% from September 2021.
New residential listings increased 1.7% month-over-month from August 2022 and saw a small increase of 3.7% from September of last year.
Single-family home unit sales were down both 21.9% from September 2021 and 13.5% from August 2022 at 894.
Single-family homes averaged $463,051, a 2% year-over-year increase and a month-over-month decrease of 1.1%.
Single-family homes averaged 44 days on the market, seeing an increase of seven days from August 2022. . Overall, all residential listings averaged 48 days on the market, increasing by four days month-over-month and four days when compared to September 2021.

Edmonton, July 5, 2022:

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 9.2% compared to May 2022 and saw a year-over-year decrease of 4.6% from June 2021.

New residential listings decreased 8.3% month-over-month from May 2022, but there was an increase of 4.1% from June of last year.
For June, single-family home unit sales were down 8.2% from June 2021, and decreased 11.6% from May 2022 at 1,534.

Single-family homes averaged $494,302, a 4.5% year-over-year increase and a month-over-month increase of 0.3%.

Single-family homes averaged 27 days on the market, seeing an increase of four days from May 2022. Overall, all residential listings averaged 33 days on the market, increasing by four days month-over-month and down two days as compared to June 2021.