Edmonton home prices, inventory and number of sales are up in April, while days-on-market are down!    The average price for a single family detached home in April of 2012 was $382,384 up by 0.9% from last month and also up by 0.8% compared to April of 2011.   The condo prices were also up by 1.3% at $235,036. Total of 1,713 residential properties have sold in the 4th month of 2012, 13% more than same period last year, and it took on average 50 days for these homes to sale, a decrease from 53 ... Full Article...

Edmonton home prices, inventory and number of sales are up in March, while days-on-market are down!   The average price for a single family detached home in March of 2012 was $380,083, up by 1.3% from last month and also up by 0.3% compared to March of 2011. The condo prices were down by 1.4% to $231,629. Total of 1,53 residential properties have sold in the 3rd month of 2012, 5% less than same period last year, and it took on average 53 days for these homes to sale, a decrease from 54 days. ... Full Article...

Edmonton home prices, inventory and number of sales are up in February, while days-on-market are down!   The average price for a single family detached home in February of 2012 was $375,268, up by 3.1% from last month and also up by 4.1% compared to February of 2011. The condo prices were also up by staggering 8.5% to $234,973. Total of 1231 residential properties have sold in the second month of 2012, 15% more than same period last year, and it took on average 54 days for these homes to sale, ... Full Article...

Edmonton home prices and inventory are slightly down in January, while number of sales are up! The average price for a single family detached home in January of 2012 was $362,926, down by 1.1% from last month and up by 2.4% compared to January of 2011. The condo prices were also down by 4.9% to $215,407. Total of 881 residential properties have sold in the first month of 2012, 6.8% more than same period last month, and it took on average 65 days for these properties to sale, no change from last ... Full Article...

2011 Edmonton real estate market provides stable and healthy base for 2012 Edmonton, January 4, 2012: The REALTORS® Association of Edmonton reported that the all-residential average price for real estate sales through the Multiple Listing Service® (MLS®) in December was up 1.7% ($316,415) from a year ago. The average price of a single family detached home was also up 2.0% to $364,803 from December 2010. Relative to last December housing prices were up overall as well. As typical for December wh ... Full Article...

Edmonton home prices are slightly up, while inventory and number of sales are down in November! The average price for a single family detached home in November was $365,734, up by 0.8% from last month and also up by 0.8% compared to November of 2010. The condo prices were also up by 0.8% to $227,901. Total of 1,084 residential properties have sold in November, 7.5% less than same period last month, and it took on average 59 days for these properties to sale, no change from last month. The inve ... Full Article...

Edmonton home prices, inventory, and number of sales were down in October, while days-on-market were up!   The average price for a single family detached home in October was $362,897, down by 3.4% from last month and down 0.8% compared to September of 2010. The condo prices were also down by 4.4% to $236,125. Total of 1,170 residential properties have sold in September, 8% more than same period last year, and it took on average 59 days for these properties to sale, 4 days more than last month. ... Full Article...

The prices of Edmonton homes were slightly up in September, while inventory and days-on-market were down! The average price for a single family detached home in September was $375,738, up 1.4% from last month and up 1.3% compared to September of 2010. The condo prices were also up by 2.1% to $236,125. Total of 1,345 residential properties have sold in September, 11.8% more than same period last year, and it took on average 56 days for these properties to sale, one day less than last month. The ... Full Article...

Edmonton real estate prices are down in August while number of residential sales are up. The average price of a single family home has decreased by 3.7 percent to $370,438 in August of 2011. Condo prices have also decreased by 5.1 percent to $231,735 compared to July of 2011. It took on average 57 days for the properties to sale, an increase of 6 days from 51 in July, while number of residential sales was up 7.9 percent. There is no need to panic as the overall market has been stable in the la ... Full Article...

Edmonton real estate prices are up slightly in July of 2011 while inventory remains unchanged.   The average price of single detached home in Edmonton increased by 1.4 percent in July to $384,656, while condo prices have also increased by 5.1% to $244,225 as compared to the previous month. Total of 1,441 residential properties have sold in July up 3.6% compared to June of 2011. Average days-on-market have decreased to 51 days from 53 and were identical compared to July of 2010. Inventory at ... Full Article...

Edmonton home prices, inventory and number of sales were stable in June of 2011. Single family homes were up 0.31% from $378,239 to $379,409 while condos have dropped from $239,782 to $231,852. Duplex and row house prices were up slightly from $295,334 to $296,689. There were total of 1,768 residential sales in June with 3,260 listings resulting in a sales-to-listing ratio of 54%. This is compared to 53% in May. Average days-on-market increased to 53 from 50 while the inventory also increased ... Full Article...

The local real estate market is looking up according to the current statistics released by the REALTORS® Association of Edmonton. The average residential sales price is up, the price of a single family detached home or a condo is up, number of sales is up and inventory is up over the previous month.   “Local market housing sales this year are tracking as we forecast in January,” explained REALTORS® Association of Edmonton President Chris Mooney. “Historically for the month o ... Full Article...

According to the REALTORS® Association of Edmonton, the average price of housing remained relatively stable through April as compared to the previous month. The all-residential average price decreased $310 to $327,415; down from $327,725 in March. Single family home prices decreased $425 while condo prices rose $1,305 (0.6%) during the month. Despite the activity the market is balanced without a distinct advantage for either buyer or seller. “Prices and sales usually increase in the seco ... Full Article...

REALTORS® expect the local real estate market to follow a well-worn annual sales track. However, like the stock market, large external forces can skew the market. In 2010, the threat of increased mortgage rates and a change to mortgage qualification rules accelerated sales in the first quarter and caused a sales slump in the following months that took all summer to work through. This year there are no external influences on the market and it is operating normally again. According to the REALTO ... Full Article...

Edmonton real estate market stable in February! It was 2009 all over again if the housing figures released by the REALTORS® Association of Edmonton are any indication. Prices for all categories of residential property sold in February mirrored prices in the same month in 2009 after showing pricing gains from January this year. Single family detached properties sold for $359,934 on average* in February; up 1% from January. The February price was down 3.1% from a year ago but close to the $349,8 ... Full Article...

Edmonton real estate market remains stable in January. Despite the cold weather and the large amount of snow, Edmonton and area buyers were out there shopping for their future homes in January. There were times where some of us couldn’t even get out of our own driveways, never mind looking at properties. I have helped pushing more vehicles including my own this year that in the last decade. Surprising enough, we have had dissent amount of sales last month and the market remains stable. Th ... Full Article...

Edmonton real estate market down slightly in December while number of sales lower than some anticipated.   The average price for a single family detached home was $355,270, down by 2 percent as compared to the price in November, and down by 3 percent as to December of 2009. The average condo prices also dropped by 2.7 percent to $223,454. Number of sales was lower than some thought 784 compared to 948 homes sold in December of 2009 while inventory has decreased to 5,721 residential properties ... Full Article...

Edmonton real estate market is down slightly in November while the inventory has declined. The average price of a single family detached home was down to 362,657, which is 2.5 percent lower than in November of 2009. Condos prices are also lower by 3 percent compared to last year and an average price in November was $229,603. Even though we have seen lower number of sales this year and longer “days on market”, the average prices and overall housing market remains stable. There were ... Full Article...

Edmonton real estate market remains stable while inventory and number of sales are slightly down! This is good news for everyone in these uncertain times. Many have speculated and expected a decrease in home prices in Edmonton, however, the data tells us otherwise. It will be very interesting to see how the rest of the year will unfold and beginning of 2011 should definitely give us a better picture of things to come. I, personally, tend to be optimistic not only on Canadian economy but specifi ... Full Article...

Edmonton and area real estate remains stable in September. Despite a high inventory and lower number of sales, housing prices in Edmonton did not go down as some anticipated. We have seen many price reductions in the past few months yet, buyers were paying in September on average $370,653 for a single detached home in Edmonton and surrounding area. It seems as many of the sellers have been listing their homes at higher level than last year. There are currently over 8,500 residential homes for ... Full Article...

Downtown & Oliver number of sales down yet, prices remain stable! 40 condos have sold through the MLS® System in Oliver and Downtown in September of 2010, that is 25% less than last month and 36% less than in September of 2009. The selling price ranged from $90,000, 349 sq.foot bachelor in the Hartgate, to $980,000, 2 bedroom 2,040 sq.foot condo in the Hilltop Place building. The price per square foot was up by 8.2 percent from last month and up by 4% compared to September of last year. The ave ... Full Article...

Downtown & Oliver real estate condo market has slowed down in August while number of sales is near half of last year's and inventory 20 percent higher. The buyers are taking their time when shopping for properties and we have seen plenty of price decreases in the last couple of months. 53 condos have sold through the MLS® System in Oliver and Downtown in August of 2010, that is 10% less than last month and 20% less than in August of 2009. The selling ranged from 109,000, one bedroom 349 sq.foot ... Full Article...

Edmonton real estate market has slowed down slightly in June of 2010. We see plenty of price reduction across the board while inventory is still high. It is definitely a good news for buyers. Surprisingly, the prices are still relatively strong given current market conditions. It will be very interesting to see which direction the market will turn in the next few months. Single detached home prices were down by 3.1% and these homes were selling on average for $378,979, while condos were also do ... Full Article...

The Edmonton real estate market has slowed down dramatically in June while the prices of single detached home are relatively stable. The inventory for Edmonton homes has increased substantially to 9,406 active listings, from 8,780 in May, and 29% higher than in June of 2009. There were in total 1539 sales , that is 8.5 percent less than last month and almost 40 percent less than in June of 2009. The buyers paid on average 391,497 for single detached homes, which is almost identical compared to ... Full Article...

Downtown real estate market has cooled in June! The average selling price for condos is down while inventory is climbing towards last year's numbers and the amount of sales has decreased substantially. The market is obviously just as unpredictable this year as the World Cup - can you believe Brazil is out, Netherlands is in, and Argentina just got a royal "butt kicking" this morning?!? But I digress...   56 condos have sold through the MLS® System in Oliver and Downtown in June of 2010, that i ... Full Article...