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.

New residential listings are up year-over-year, increasing 4.9% from September 2020. However, new residential listings are down month-over-month, decreasing 1.7% from August 2021. Overall inventory in the GEA was down 2.3% from September of last year and decreased 4.1% 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%

The average price for a single family detached home in May of 2021 was $465,551 up by 1.6% from last month and up by 12.9% from May of 2020. Condominium prices were also up by 5.7% at $241,885 from last month and up by 18.4% compared to last year.

Total of 2,741 residential properties have sold in Greater Edmonton Area in May of 2021, 4.3% less than in April and 137.1% more than in the same period last year. The inventory increased to 7,573 residential properties available compared to 7,035 last month and 7,749 in May of 2020. It took on average 33 days for all these residential properties to sell, 4 days less than compared to last month.

All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in April of 2021 was $458,444 up by 0.1% from last month and up by 11.7% from April of 2020. Condominium prices were down by 0.4% at $228,741 from last month and up by 10.2% compared to last year.

Total of 2,868 residential properties have sold in Greater Edmonton Area in April of 2021, 17.6% more than in March and 284.5% more than in the same period last year. The inventory increased to 7,035 residential properties available compared to 6,302 last month and 7,237 in April of 2020. It took on average 37 days for all these residential properties to sell, 5 days less than compared to last month.

All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in February of 2021 was $437,977 up by 2.4% from last month and up by 2.7% from February of 2020. Condominium prices were also up by 6.6% at $230,929 from last month and up by 8.4% compared to last year.

Total of 1,600 residential properties have sold in Greater Edmonton Area in February of 2021, 36.8% more than in January and 52.1% more than in the same period last year. The inventory increased to 5,654 residential properties available compared to 5,255 last month and 6,842 in February of 2020. It took on average 52 days for all these residential properties to sell, 13 days less than compared to last month.

All the information in this article has been provided by Realtors® Association of

The average price for a single family detached home in January of 2021 was $427,677 down by 0.04% from last month and up by 3.2% from January of 2020. Condominium prices were also down by 0.5% at $216,757 from last month and up by 6.1% compared to last year.

Total of 1,171 residential properties have sold in January of 2021, 5.9% more than in December and 47.1% more than in the same period last year. The inventory increased to 5,255 residential properties available compared to 5,005 last month and 6,228 in January of 2020. It took on average 65 days for all these residential properties to sell, 7 days longer than compared to last month.

All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in December of 2020 was $428,900 down by 2.32% from last month and up by 4.24% from December of 2019. Condominium prices were also down by 5.57% at $217,843 from last month and down by 3.68% compared to last year.

Total of 1,107 residential properties have sold in the last month of 2020, 20.65% less than in November and 31.47% more than in the same period last year. The inventory decreased to 5,005 residential properties available compared to 6,205 last month and 5,961 in December of 2019. It took on average 58 days for all these residential properties to sell, 11 days less than compared to last month.

All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in November of 2020 was $439,103 down by 0.86% from last month and up by 4.39% from November of 2019. Condo prices were also down slightly by 0.40% at $230,688 from last month and up by 1.18% compared to last year.

Total of 1,399 residential properties have sold in the 11th month of 2020, 16.23% less than in October and 27.18% more than in the same period last year. The inventory decreased to 6,205 residential properties available compared to 6,967 last month and 7,923 in November of 2019. It took on average 69 days for all these residential properties to sell, 15 days longer than compared to last month.

All the information in this article has been provided by Realtors® Association of

The average price for a single family detached home in October of 2020 was $442,854 up by 0.72% from last month and up by 5.50% from October of 2019. Condo prices were down by 1.34% at $231,608 from last month and up by 1.67% compared to last year.

Total of 1,674 residential properties have sold in the 10th month of 2020, 10.48% less than in September and 26.34% more than in the same period last year. The inventory decreased to 1,674 residential properties available compared to 7,248 last month and 7,926 in October of 2019. It took on average 50 days for all these residential properties to sell, 3 days less than last month.

All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in August of 2020 was $439,605, up by 0.79% from last month and up by 1.86% from August of 2019. Condo prices were also up by 1.79% at $229,172 from last month and down by 2.23% compared to last year. Total of 1,881 residential properties have sold in the 8th month of 2020, 13.08% less than in July and 20.11% more than in the same period last year. The inventory decreased to 7,553 residential properties available compared to 7,714 last month and 8,818 in June of 2019. It took on average 52 days for all these residential properties to sell, 2 days less than last month. All the information in this article has been provided by Realtors® Association of Edmonton!

The average price for a single family detached home in June of 2020 was $423,184, up by 2.63% from last month and up by 0.20% from June of 2019. Condo prices were also up by 7.57% at $219,832 from $204,365 last month.

Total of 2,051 residential properties have sold in the 6th month of 2020, 77.27% more than in May and 13.69% more than in the same period last year. The inventory increased to 7,951 residential properties available compared to 7,749 last month and 9,428 in June of 2019. It took on average 59 days for all these residential properties to sell, 7 days less than last month.

All the information in this article has been provided by Realtors® Association of Edmonton!