Edmonton Real Estate Update

Monthly real estate market update for Edmonton with graphs and statistics.  Comments on value and performance on Edmonton's real estate market.

Found 82 blog entries about Edmonton Real Estate Update.

edmonton real estate market report by derek hulewicz

Edmonton's real estate prices remain relatively flat in May of 2020, however the number of residential sales in Edmonton and surrounding areas continue to be lower compared to last year due to the Covid 19 pandemic!

The average price for a single family detached home in May of of 2020 was $412,329, up by 0.52% from last month and down by 4.49% from May of 2019.

Condo prices were actually down by 8.77% at $204,365 from $224,022 last month.

Total of 1,157 residential properties have sold in the 5th month of 2020, 54.89% more than in April and 41.51% less than in the same period last year, which is again due to the Covid 19 pandemic.

The inventory increased to 7,749 residential properties available compared to 7,237 last month and 9,451 in

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edmonton real estate market report for april 2020 by derek hulewiczEdmonton real estate market was up slightly in April of 2020, while number of residential sales were down substantially due to the Covid 19 pandemic!

The average price for a single family detached home in April of 2020 was $410,200 up by 1.45% from last month and down by 2.80% from April of 2019. Condo prices were also up by 2.47% at $224,022 from $218,613 last month.

Total of 750 residential properties have sold in the 4th month of 2020, 35.68% less than in March and 55% less than in same period last year, which is due to the Covid 19 pandemic.

The inventory decreased to 7,237 residential properties available compared to 7,346 last month and 9,015 in April of 2019.

It took on average 64 days for all these residential properties to sell, 4

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edmonton real estate market report for march 2020 by derek hulewiczIt has definitely been a challenging market, especially in the past couple of weeks. With most people staying home due to Covid-19, we have recently seen a noticeable drop in number of buyers and sellers coming into the market. I have also spoken to a few realtors, mortgage brokers and lawyers and they say the same.

Despite the current situation, there are still a significant number of buyers and sellers with whom I am working closely while taking the necessary precaution to stay safe. To minimize any risks at this time, we choose to work only with prescreened clients that are in an immediate need of either buying or selling. Stay safe everyone and here are current stats.

The average price for a single family detached home in March of 2019 was

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The average price for a single family detached home in February of 2019 was $426,191 up by 2.96% from last month and down by 0.56% from February of 2019. The condo prices were also up by 4.00% at $212,520 from $204,355 last month.

Total of 1,054 residential properties have sold in the 2nd month of 2020, 32.58% more than in January and 7.99% more than in same period last year. The inventory increased to 6,842 residential properties available compared to 6,228 last months and 7,422 in February of 2019. 74 days was the average days-on-market for all the residential properties that have sold, 5 days less than last month.

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

Edmonton real estate statistics for single detached homes sold from January of 2012 to February of 2020

Edmonton real estate statistics for condos sold in Edmonton from January of 2014 to February of 2020

Edmonton real estate statistics for number of sale of properties sold in Edmonton from January of 2014 to February of 2020

Edmonton real estate statistics for average days on market of properties sold in Edmonton from January of 2014 to February of 2020

Edmonton real estate statistics of residential inventory of properties for sale in Edmonton from January of 2014 to February of 2020

 

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Wow, what a year has it been! Despite Alberta's weak economy, Edmonton's housing market seems to remain intact. Overall, all residential properties in Edmonton and surrounding area were down by 2.36% compared to same period last year. On the positive note, we finished the year with low inventory which maybe a sign of improving market conditions for 2020.

The average price for a single family detached home in December of 2019 was $411,317 down by 2.22% from last month and up by 4.08% from December of 2018.The condo prices were also down slightly by 0.46% at $226,943 from $228,113 last month.

Total of 843 residential properties have sold in the last month of 2019, 23.22% less than in November and 9.77% more than in same period last year. The inventory

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The average price for a single family detached home in November of 2019 was $420,650, down slightly by 0.07% from last month and up by 0.24% from November of 2018.The condo prices were up by 0.14% at $228,113 from $227,802 last month.

Total of 1,101 residential properties have sold in the 11th month of 2019, 17.47% less than in October and 0.36% less than in same period last year. The inventory decreased to 7,923 residential properties available compared to 7,926 last months and 7,741 in November of 2018. Average Days-On-Market were up by 4 days at 69.

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

real estate statistics for average selling price for houses sold in edmonton from january of 2021 to november of 2019

real estate statistics for average selling price for condos sold in edmonton from january of 2021 to november of 2019

real estate statistics for number of residential properties sold in edmonton from january of 2021 to november of 2019

real estate statistics for average days on market for properties for sale in edmonton from january of 2021 to november of 2019

real estate statistics for inventory of properties for sale in edmonton from january of 2021 to november of 2019

 

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The average price for a single family detached home in October of 2019 was $420,939, up slightly by 0.13% from last month and down by 1.75% from October of 2018.The condo prices were up by 4.66% at $227,802 from $217.665 last month.

Total of 1,334 residential properties have sold in the 10th month of 2019, 3.89% less than in September and 8.10% more than in same period last year. The inventory decreased to 7,026 residential properties available compared to 8,514 last months and 8,363 in October of 2018. Average Days-On-Market were up by 2 days at 65.

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

edmonton real estate graph for average price of homes sold in edmonton from january of 2012 to october of 2019

edmonton real estate graph for average price of condos sold in edmonton from january of 2012 to october of 2019

edmonton real estate graph for number of properties sold in edmonton from january of 2012 to october of 2019

edmonton real estate graph for average days on market for homes sold in edmonton from january of 2012 to october of 2019

edmonton real estate graph for residential inventory of homes for sale in edmonton from january of 2012 to october of 2019

 

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The average price for a single family detached home in September of 2019 was $420,406 down by 3.27% from last month and down by 2.16% from September of 2018.The condo prices were also down by 7.17% at $217,665 from $234,480 last month.

Total of 1,387 residential properties have sold in the 9th month of 2019, 11.71% less than in August and 5.72% more than in same period last year. The inventory decreased to 8,514 residential properties available compared to 8,818 last months and 8,969 in September of 2018. Average Days-On-Market were up by 1 day at 63.

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

Real Estate statistics for average selling price of houses sold in Edmonton from January of 2012 to September of 2019

Real Estate statistics for average selling price of condos sold in Edmonton from January of 2012 to September of 2019

Real Estate statistics for number of residential properties sold in Edmonton from January of 2012 to September of 2019

Real Estate statistics for average days on the market for properties sold in Edmonton from January of 2012 to September of 2019

Real Estate statistics for residential inventory of properties for sale in Edmonton from January of 2012 to September of 2019

 

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The average price for a single family detached home in August of 2019 was $434,634 up by 1.14% from last month and up by 2.24% from August of 2018.The condo prices were also up by 5.19% at $234,480 from $222,911 last month.

Total of 1,571 residential properties have sold in the 8th month of 2019, 3.02% less than in August and 6.38% less than in same period last year. The inventory decreased to 8,818 residential properties available compared to 9,093 last months and 9,618 in August of 2018. Average Days-On-Market were up by 5 day at 62.

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

real estate graph for average selling price of houses sold in Edmonton from January of 2012 to August 2019

real estate graph for average selling price of condos sold in Edmonton from January of 2012 to August 2019

real estate graph for number of residential properties sold in Edmonton from January of 2012 to August 2019

real estate graph for average days on market for properties sold in Edmonton from January of 2012 to August 2019

real estate graph for residential inventory of homes and condos for sale in Edmonton from January of 2012 to August 2019

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The average price for a single family detached home in July of 2019 was $429,717 up by 1.37% from last month and down by 1.91% from July of 2018.The condo prices were down by 6.59% at $222,911 from $238,648 last month.

Total of 1,921 residential properties have sold in the 7th month of 2019, 6.07% more than in June and 11.49% more than in same period last year. The inventory decreased to 9,093 residential properties available compared to 9,428 last months and 10,094 in July of 2018. Average Days-On-Market were down by 2 day at 57.

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

real estate graph for average selling prices of homes sold in edmonton from january of 2012 to july of 2019

 real estate graph for average selling prices of condos sold in edmonton from january of 2012 to july of 2019

real estate graph for number of residential properties sold in edmonton from january of 2012 to july of 2019

real estate graph for average days on the market for real estate sold in edmonton from january of 2012 to july of 2019

real estate graph for residential inventory of homes for sale in edmonton from january of 2012 to july of 2019

 

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