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Posts Tagged ‘Edmonton Odds of Selling your home’

May 2018 – Edmonton Real Estate Market Stats

Saturday, May 12th, 2018
May 2018 Edmonton Real Estate Market Stats

May 2018 Edmonton Real Estate Market Stats

*Stats as of April 30, 2018

The snow is gone and the sales are coming.  The Edmonton residential real Estate average is sitting at a lovely $369,258. Down year over year by 2.48% and up 1.43% from last month.

Residential single family dwellings with an average selling price of $429,116 have decreased 2.39% from last year and increased 1.29% over last month.

Condo dwellings, continuing on a downward trend, dropping 2.39% to $247,405, yet increased 5.63% from last month as well.

Rowhouses and Duplexes are sitting at an average of $323,906 down 9.48% from last year and down 7.33% from last month.

Highest sales for April of 2018?

Single Family – $1,440,000

Condos – $850,000

Duplex/Rowhouse – $597,500

Average days on market?

Single Family: 52 Days, up four from last year

Condos: 66 Days, up six from last year

Duplex/Rowhouse: 59 Days, down five from last year.

Quantity of New Listings?

3,470 new listings for a total of 8,788 listings on market, an increase year over year of 10.97%. Anyone who tells you there aren’t enough listings in Edmonton, does not know the market at all.  Watch out for all those claims on postcards and in the news folks.

How many Sales in April 2018?

1,555 sales – which shows 5.65Months of inventory on market, definitely a buyers market.

Price your homes right.  It will matter.

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April 2018 – #YEG Real Estate Market Reports

Friday, April 6th, 2018
YEG Real Estate Market Report - April 2018

YEG Real Estate Market Report – April 2018

The Residential selling price in Edmonton has creeped up over the years, this month sitting at $374,264 a 0.77% increase year over year and down 0.03% from last month.  The market is warming up, just like the outdoors.

Residential single family dwellings with an average selling price of $444,091 have increased 1.06% over last year and 0.43% over last month.

Condo dwellings, not such good news for us, but it could be worse, year to year we have dropped 3.47% to $243,212, down from last month as well.

Rowhouses and Duplexes are sitting at an average of $349,537 down 0.53% from last year and down 1.44% from last month.

Highest sales for March?

Single Family – $2,610,000

Condos – $1,279,500

Duplex/Rowhouse – $944,000

Average days on market?

Single Family: 49 Days, down two from last year

Condos: 67 Days, down five from last year

Duplex/Rowhouse: 61 Days, creeping up 4 days from last year

Quantity of New Listings?

3,459 new listings for a total of 7,963 listings on market, an increase year over year of 13.26%. Anyone who tells you there aren’t enough listings in Edmonton, does not know the market at all.  Watch out for all those claims on postcards and in the news folks.

Sales in March?

1,294 sales – which shows 6.15 Months of inventory on market, definitely a buyers market.

Price your homes right.  It will matter.

YEG Real Estate Market Reports – March 2018

Tuesday, March 20th, 2018

Hi folks,

Thanks for popping by again.  There has been a few glitches int he system lately and I haven’t been able to post, so getting back to your regularly scheduled program here, let’s start with the Market Stats for Edmonton, ending February 28, 2018.

Edmonton Real Estate Market Rerports

Edmonton Real Estate Market Reports – March 2018

The Residential average is creeping up. $374,469 a 3.5% increase year over year and a 3.99% increase from last month.  The market is warming up, just like spring.

Residential single family dwellings have increased 3.85% since last year and 4.07% over last month.

Condo dwellings, not such good news for us, but it could be worse, year to year we have dropped 0.04% to $235,694.

Rowhouses and Duplexes are sitting at an average of $365,537 down 0.26% from last year and down 0.30% from last month.

Highest sales for February?

Single Family – $1,620,192 Condos – $900,000 Duplex/Rowhouse – $675,000

Average days on market?

Single Family: 64 Days, same as last year

Condos: 76 Days, creeping up from last year

Duplex/Rowhouse: 65 Days, creeping up from last year

Quantity of New Listings?

1,904 new listings for a total of 5,038 listings on market

Sales in February?

778 sales – which shows 6.48 Months of inventory on market.

Price your homes right.  It will matter.

Edmonton Real Estate Market Reports for November 2017

Friday, November 24th, 2017
YEG Edmonton Real Estate Market Reports for November 2017

YEG Edmonton Real Estate Market Reports for November 2017

Hi Folks,

Welcome Back. I know I have a little bit of catching up to do with regards to my blog and website, so here are those market stats you were looking for. The next reports soon to be released.

Inventory: October finished with another full inventory month here in Edmonton with 5.74 months of inventory for active buyers to choose from.

Total number of homes available to buy in Edmonton: 7,691.

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