Heidi Hromada

 

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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% year-over-year and down 20.8% month-over-month.


All residential average prices are at $377,554, a 0.3% increase from September 2020 and down 1.9% from August 2021. Single-family homes averaged $453,011, a 2.8% year-over-year increase and a 1.9% decrease from August 2021. Condominiums sold for an average of $224,212, a 3.5% decrease year-over-year, and prices are down 1.5% compared to August 2021. Duplex prices decreased 0.9% from September 2020, selling at $337,236, which was a 5.1% decrease from August 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area levelled out at $345,200, a 5% increase from September 2020, and down 0.6% from August 2021.


“The Edmonton market in September saw a healthy increase in new residential listings as compared to September 2020,” says REALTORS® Association of Edmonton Chair Tom Shearer. “However, as to be expected at this time of year, the year-over-year residential unit sales in the GEA were only slightly higher than September of last year, while we have started to see a decrease in the month-to- month activity. Naturally, the market is starting to cool after a very busy 18 months with pricing increasing a nominal amount year-over-year.”


Single-family homes averaged 38 days on the market, a nine-day decrease from September of last year. Condos averaged 56 days on the market, a nine-day decrease year-over-year, while duplexes averaged 42 days on the market, a 10-day decrease compared to September 2020. Overall, all residential listings averaged 44 days on the market, decreasing by nine days year-over-year and increasing by two days compared to August 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time. 

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Edmonton, September 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for August 2021 increased 9.7% compared to August 2020 and decreased 6.8% from July 2021.


New residential listings are up year-over-year, increasing 12.9% from August 2020. However, new residential listings are down month-over-month, decreasing 6.0% from July 2021. Overall inventory in the GEA was down 1.9% from August of last year and decreased 4.1% from July 2021.


For August, single-family home unit sales are up 5.2% from August 2020 and down 6.0% from July 2021 at 1,246. Condo unit sales increased 23.4% from August 2020 and decreased 8.4% from July 2021. Duplex/rowhouse unit sales were up 10.5% year-over-year and down 4.7% month-over- month.


All residential average prices are at $384,874, a 2.7% increase from August 2020 and down 1.3% from July 2021. Single-family homes averaged $460,963, a 4.9% year-over-year increase and a 1.1% decrease from July 2021. Condominiums sold for an average of $227,559, a 0.8% decrease year-over-year, and prices are down 5.2% compared to July 2021. Duplex prices increased 3.8% from August 2020, selling at $355,326, which was a 0.6% decrease from July 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area leveled out at $347,300, a 5.7% increase from August 2020, and down 0.7% from July 2021.


“The Edmonton market in August saw a healthy increase in new residential listings as compared to August 2020,” says REALTORS® Association of Edmonton Chair Tom Shearer. “The year-over-year residential unit sales in the GEA were higher than August of last year, while we have started to see slight decreases in the month-to-month activity. The market is starting to balance out after a very busy 18 months with pricing increasing a nominal amount year-over-year.”


Single-family homes averaged 35 days on the market, an 11-day decrease from August of last year. Condos averaged 59 days on the market, a six-day decrease year-over-year, while duplexes averaged 41 days on the market, a 10-day decrease compared to August 2020. Overall, all residential listings averaged 42 days on the market, decreasing by 10 days year-over-year and increasing by three days compared to July 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time. 


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I have listed a new property at 1860 ROBERTSON CRES SW in Edmonton.
"Impeccable" describes this beautiful 2 storey home located in the sought after community of Rutherford! Located on a quiet street, this property backs directly onto green space. With over 2200 sq ft, this open concept home is spacious. The first thing you will notice is the 10/10 curb appeal. Upon entering, you will be greeted with a bright impressive foyer, a private den, a large mud room off the garage (with laundry hook-ups), a 1/2 bathroom & a walk through pantry. The kitchen has a central island with additional seating for socializing. The living room & dining area provide enough room for large family gatherings. The low maintenance deck off the back opens to the field. Upstairs you will find a huge bonus room, an office nook, 2 more bedrooms and a 4 pc bath. The primary bedroom has an ensuite w/ soaker tub plus shower & a large walk-in closet. In the basement there is 1 more bedroom, a 3 pc bath, the laundry room & a large family room. Both the basement & garage have in-floor heating. A "must see"!
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I have listed a new property at 11831 21 AVE SW in Edmonton.
No condo fees!! This Pacesetter duplex is located in the highly desirable community of Rutherford on a quiet street. Perfect for those starting out, those with young families or for those downsizing, this home has it all!! Upon entering, you will be greeted with vinyl plank flooring running throughout the home. There is a 2 piece bathroom off the entrance, a large kitchen with ample cabinets & black appliances, an eating area & a living room for socializing with guests. The shutter window coverings are eye catching & practical. Everyone comments on their beauty! Off the back is a deck which overlooks the yard- perfect for enjoying the sun! Upstairs you will discover a large primary bedroom with walk-in closet, a 4 piece bath adjoining the primary, the laundry room & 2 more good size bedrooms! The basement is unspoiled & ready for your personal touch. This exceptional property is located close to Anthony Henday, Ellerslie, the airport, shopping, public transportation & walking paths to the local schools.
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I have listed a new property at 533 11325 83 ST in Edmonton.
This TOP FLOOR condo in Park Place Boulevard is located on a tree lined street in Parkdale. It is perfect for students, investors, and couples that are either starting out or downsizing! The stadium LRT is within walking distance, providing easy access to post-secondary studies at NAIT, U of A and MacEwan University, plus the downtown! Are you a nature lover? The river valley is located nearby with numerous parks and trails to explore. "Just grab your bike or electric scooter and roll on out the door... to the neighbourhood grocery store!" Upon entering this home, you will notice the vaulted ceilings, the warm colors, the ample cabinet storage, the sleek black appliances and the vast amount of sunlight- all providing a spacious and cozy feel. Out back, is a large covered balcony for entertaining, drinking coffee and meditating. To top it off, there is in-suite laundry and a power plug for the parking stall. This condo, located in a well managed building, has it all!! It won't last long!! Priced to sell!!
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Edmonton, August 3, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for July 2021 increased 2.1% compared to July 2020 and decreased 18.9% from June 2021.


New residential listings are up year-over-year, increasing 9.3% from July 2020. However, new residential listings are down month-over-month, decreasing 16.9% from June 2021. Overall inventory in the GEA was down 0.5% from July of last year and decreased 0.1% from June 2021.


For July, single-family home unit sales are down 2.1% from July 2020 and down 20.9% from June 2021 at 1,325. Condo unit sales increased 11% from July 2020 and decreased 19.6% from June 2021. Duplex/rowhouse unit sales were down 1.1% year-over-year and down 14.2% month-over- month.


All residential average prices are at $389,756, a 5.4% increase from July 2020 and down 2.1% from June 2021. Single-family homes averaged $466,091, a 6.8% year-over-year increase and a 1.3% decrease from June 2021. Condominiums sold for an average of $240,096, a 6.7% increase year- over-year, and prices are down 0.8% compared to June 2021. Duplex prices increased 7.6% from July 2020, selling at $357,064, which was a 0.5% increase from June 2021.


The MLS® Home Price Index (HPI) composite benchmark price in the Greater Edmonton Area leveled out at $349,600, a 7.2% increase from July 2020, and down 0.2% from June 2021.


“The Edmonton market in July saw a balance in residential unit sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “The year-over-year residential unit sales were only slightly higher than July of last year, while we have started to see the monthly activity cool as we get later into the summer season. Pricing has also begun to balance – with nominal year-over-year increases and little change in month-over-month figures. We are still witnessing a strong market, with some balanced activity for July.”


Single-family homes averaged 33 days on the market, a 16-day decrease from July of last year. Condos averaged 54 days on the market, a 9-day decrease year-over-year, while duplexes averaged 37 days on the market, an 18-day decrease compared to July 2020. Overall, all residential listings averaged 39 days on the market, decreasing by 15 days year-over-year and increasing by three days compared to June 2021.



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I have listed a new property at 302 17404 64 AVE in Edmonton.
Are you handy? Do you have trade connections? If so, this is the property for you! Located in Callingwood, this is the LARGEST UNIT CURRENTLY FOR SALE IN THE BUILDING!! It is PRICED WELL BELOW THE TAX ASSESSED VALUE! This THREE BEDROOM, 2 BATHROOM CORNER UNIT with IN-SUITE LAUNDRY is priced to sell!! It simply needs a little TLC. Perfect for investors or first time buyers! This condo is located directly across from a green space/park which is visible from the oversized balcony. As an added bonus, our cold Alberta winters won't inconvenience you with the SECURE UNDERGROUND PARKING! There is also plenty of visitor and street parking. Located close to Whitemud Drive for ease of access. It won't last long!!
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Edmonton, July 5, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for June 2021 increased 33.4% compared to June 2020 and decreased 0.3% from May 2021.


New residential listings are up year-over-year, increasing 19.9% from June 2020. New residential listings are also up month-over-month, increasing 1.2% from May 2021. Overall inventory in the GEA was down 0.9% from June of last year and increased 5.9% from May 2021.


For June, single-family home unit sales are up 28.8% from June 2020 and down 6.9% from May 2021 at 1,676. Condo unit sales increased 47.2% from June 2020 and decreased 21.4% from May 2021. Duplex/rowhouse unit sales were up 34% year-over-year and down 1.5% month-over-month.


All residential average prices are at $398,229, a 10.6% increase from June 2020 and down 0.8% from May 2021. Single-family homes averaged $472,637, a 11.6% year-over-year increase and a 1.5% increase from May 2021. Condominiums sold for an average of $241,808, a 9.9% increase year-over-year, and prices are averaging the same as May 2021. Duplex prices increased 8.1% from June 2020, selling at $356,085, which was a 0.6% decrease from May 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area trended up to $350,200, an 8% increase from June 2020, and up 0.7% from May 2021.


“The Edmonton market in June saw an increase in year-over-year residential unit sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to June of last year, while month-over-month activity has started to cool off in some markets compared to May. Of course, we need to keep in mind the drastic difference between 2020 and 2021, but we are still witnessing a strong market that is beginning to balance out for the summer season.”


Single-family homes averaged 28 days on the market, a 25-day decrease from June of last year. Condos averaged 53 days on the market, a 13-day decrease year-over-year, while duplexes averaged 32 days on the market, a 32-day decrease compared to June 2020. Overall, all residential listings averaged 36 days on the market, decreasing by 23 days year-over-year and increasing by three days compared to May 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time. 

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Edmonton, June 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for May 2021 increased 137.1% compared to May 2020 and decreased 4.3% from April 2021.


New residential listings are up year-over-year, increasing 45.6% from May 2020. New residential listings are down month-over-month, decreasing 2.1% from April 2021. Overall inventory in the GEA was down 2.6% from May of last year and increased 7.6% from April 2021.


For May, single-family home unit sales are up 136.7% from May 2020 and down 1.3% from April 2021 at 1,801. Condo unit sales increased 161.7% from May 2020 and decreased 10.4% from April 2021. Duplex/rowhouse unit sales were up 118.7% year-over-year and down 4.7% month-over- month.


All residential average prices are at $401,390, a 13.4% increase from May 2020 and up 3.0% from April 2021. Single-family homes averaged $465,551, a 12.9% year-over-year increase and a 1.6% increase from April 2021. Condominiums sold for an average of $241,885, an 18.4% increase year- over-year, and prices are up 5.7% compared to April 2021. Duplex prices increased 10.1% from May 2020, selling at $358,195, which was a 3.1% increase from April 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area trended up to $347,800, an 8.4% increase from May 2020, and up 1.1% from April 2021.


“The Edmonton market in May saw a significant increase in year-over-year residential unit sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to May of last year, while month-over-month activity has started to cool off compared to April. While we need to keep in mind the drastic difference between 2020 and 2021, we are witnessing a strong market heading into summer.”


Single-family homes averaged 28 days on the market, a 32-day decrease from May of last year. Condos averaged 48 days on the market, a 29-day decrease year-over-year, while duplexes averaged 32 days on the market, a 31-day decrease compared to May 2020. Overall, all residential listings averaged 33 days on the market, decreasing by 33 days year-over-year and four days compared to April 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time. 

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Edmonton, May 3, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2021 increased 284.5% compared to April 2020 and increased 17.6% from March 2021. New residential listings are up year-over-year, increasing 140% from April 2020.


“It is important to keep in mind what we experienced last April with the first wave of the global pandemic and provincial lockdowns,” says REALTORS® Association of Edmonton Chair Tom Shearer. “This has a direct impact on year-over-year numbers.”


New residential listings are also up month-over-month, increasing 10.3% from March 2021. Overall inventory in the GEA fell 3.1% from April of last year and increased 11.6% from March 2021.


For April, single-family home unit sales are up 285% from April 2020 and up 15.1% from March 2021 at 1,825. Condo unit sales increased 276.5% from April 2020 and increased 22.1% from March 2021. Duplex/rowhouse unit sales were up 269.9% year-over-year and up 19.9% month-over-month.


All residential average prices are at $389,773, a 10.2% increase from April 2020, and down 0.4% from March 2021. Single-family homes averaged $458,444, an 11.7% year-over-year increase and a 0.1% increase from March 2021. Condominiums sold for an average of $228,741, an 2.5% increase year-over-year, and prices are down 0.4% compared to March 2021. Duplex prices increased 5.2% from April 2020, selling at $347,561 which was a 0.2% decrease from March 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area trended up to $343,000, a 2.1% increase from April 2020, and up 7.3% from March 2021.


“The Edmonton market in April saw a significant increase in year-over-year residential unit sales,” says Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to April of last year as well as last month. While we need to keep in mind the drastic difference between this April and last, we are still witnessing a strong spring market so far.”


Single-family homes averaged 30 days on the market, a 28-day decrease from April of last year. Condos averaged 54 days on the market, a 17-day decrease year-over-year, while duplexes averaged 35 days on market, a 38-day decrease compared to April 2020. Overall, all residential listings averaged 37 days on market, decreasing by 27 days year-over-year and decreasing by five days compared to March 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.


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Edmonton, April 5, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for March 2021 increased 109.9% compared to March 2020 and increased 52.8% from February 2021. The number of new residential listings is up year over year, increasing 51.6% from March 2020. New residential listings are also up month over month, increasing 55.7% from February 2021. Overall inventory in the GEA fell 13.4% from March of last year and increased 11.5% from February 2021.


For March, single-family home unit sales are up 118.2% from March 2020 and up 53.5% from February 2021 at 1,586. Condo unit sales increased 79.6% from March 2020 and increased 51.9% from February 2021.


All residential average prices are up to $391,219, a 13.7% increase from March 2020, and up 3.5% from February 2021. Single-family homes sold for an average of $457,936, a 13.3% year-over-year increase from March 2020, and a 4.6% increase from February 2021. Condominiums sold for an average of $229,690, an 5.2% increase year-over-year, and prices are down 0.5% compared to February 2021. Duplex prices increased 11.1% from March 2020, selling at $348,280 which was a 1.5% increase from February 2021.


“The Edmonton market in March saw a significant increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to March of last year as well as last month. It is important to keep in mind what we experienced last March with the global pandemic and provincial lockdowns as it relates to the impact on year-over-year numbers. With that said, we are still witnessing a very strong start to the spring market.”


Single-family homes averaged 37 days on the market, a 17-day decrease from March of last year. Condos averaged 53 days on the market, a 13-day decrease year-over-year, while duplexes averaged 39 days on market, a 29-day decrease compared to March 2020. Overall, all residential listings averaged 42 days on market, decreasing by 18 days year-over-year and decreasing by 10 days compared to February 2021.


* Effective February 1, 2021, the REALTORS® Association of Edmonton will be using the term Greater Edmonton Area (GEA) to replace Edmonton CMA (Census Metropolitan Area). This change is intended to reduce confusion with the term Comparative Market Analysis. The geographic area remains the same – only the terminology has changed.

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Edmonton, March 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for February 2021 increased 52.1% compared to February 2020 and increased 36.8% from January 2020. The number of new residential listings is up year over year, increasing 7.6% from February 2020. New residential listings are up month over month, increasing 11.4% from January 2020. Overall inventory in the GEA fell 17.6% from February of last year and increased 7.6% from January 2020.


For the month of February, single-family home unit sales are up 62.2% from February 2020 and up 40.2% from January 2020 at 1033. Condo unit sales increased 19.5% from February 2020 and increased 26.7% from January 2020.


All residential average prices are up to $377,931, a 7.6% increase from February 2020, and up 3.8% from January 2020. Single-family homes sold for an average of $437,977, a 2.7% year-over-year increase from February 2020, and a 2.4% increase from January 2020. Condominiums sold for an average of $230,929, an 8.4% increase year-over-year, and prices are up 6.6% compared to January 2020. Duplex prices increased 6.6% from February 2020, selling at $343,028 which was a 0.4% decrease from January 2020.


“The Edmonton market in February saw a significant increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to February of last year as well as last month. The high level of activity we have seen in February is uncharacteristic for this time of year. We are witnessing a very strong market.”


Single-family homes averaged 48 days on the market, a 23-day decrease from February of last year. Condos averaged 62 days on the market, an 11-day decrease year-over-year, while duplexes averaged 48 days on market, a 32-day decrease compared to February 2020. Overall, all residential listings averaged 52 days on market, decreasing by 21 days year-over-year and decreasing by 13 days compared to the previous month.


* Effective February 1, 2021, the REALTORS® Association of Edmonton will be using the term Greater Edmonton Area (GEA) to replace Edmonton CMA (Census Metropolitan Area). This change is intended to reduce confusion with the term Comparative Market Analysis. The geographic area remains the same – only the terminology has changed.

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Edmonton, February 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for January 2021 increased 47.1% compared to January 2020 and increased 5.9% from December 2020. The number of new residential listings is up year over year, increasing 8% from January 2020. New residential listings are up month over month, increasing 87.9% from December 2020. Overall inventory in the GEA fell 17% from January of last year and increased 5% from December 2020.


For the month of January, single family home unit sales are up 50.1% from January 2020 and up 8.5% from December 2020 at 737. Condo unit sales increased 43.8% from January 2020 and increased 2.7% from December 2020.


All residential average prices are up to $364,040, a 3.7% increase from January 2020, and up 0.4% from December 2020. Single family homes sold for an average of $427,677, a 3.2% year-over-year increase from January 2020, and a 0.4% decrease from December 2020. Condominiums sold for an average of $216,757, a 6.1% increase year-over-year, and prices are down 0.5% compared to December 2020. Duplex prices increased 1.6% from January 2020, selling at $344,400, which was a 4% decrease from December 2020.


“The Edmonton market in January saw an increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to January of last year, while we’ve seen an increase in month over month sales for single-family homes and condos and a decrease in duplex rowhouse sales. We are encouraged to see this kind of activity at the start of the year, which is typically a slower time in the real estate market, and especially in the current economic climate.”


Single family homes averaged 59 days on the market, a 14-day decrease from January of last year. Condos averaged 73 days on the market, a 10-day decrease year-over-year, while duplexes averaged 70 days on market, a 15-day decrease compared to January 2020. Overall, all residential listings averaged 65 days on market, decreasing by 14 days year-over-year and increasing by 7 days compared to the previous month.


* Effective January 1, 2021, the REALTORS® Association of Edmonton will be using the term Greater Edmonton Area (GEA) to replace Edmonton CMA (Census Metropolitan Area). This change is intended to reduce confusion with the term Comparative Market Analysis. The geographic area remains the same – only the terminology has changed.

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Edmonton, January 4, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for December 2020 increased 31.47% compared to December 2019 and decreased 20.65% from November 2020. The number of new residential listings is down year over year, decreasing 0.15% from December 2019. New residential listings are down month over month, decreasing 29.59% from November 2020. Overall inventory in the GEA fell 17.29% from December of last year and decreased 19.34% from November 2020.


For the month of December, single family home unit sales are up 26.44% from December 2019 and down 24.64% from November 2020 at 679. Condo unit sales increased 34.90% from December 2019 and decreased 18.30% from November 2020.


All residential average prices are up to $362,447, a 2.61% increase from December 2019, and down 3.77% from November 2020. Single family homes sold for an average of $428,900, a 4.24% year- over-year increase from December 2019, and a 2.32% decrease from November 2020. Condominiums sold for an average of $217,843, a 3.68% decrease year-over-year, and prices are down 5.57% compared to November 2020. Duplex prices increased 1.84% from December 2019, selling at $331,034, which was a 2.00% decrease from November 2020.


“The Edmonton market in December saw an increase in year-over-year unit sales, compared to a decrease in month-to-month sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to December of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. Total year-to-date residential sales for 2020 came in at 17,036 – a 2.94% increase compared to 2019.”


Single family homes averaged 53 days on the market, an 11-day decrease from last year. Condos averaged 62 days on the market, a 15-day decrease from last year, while duplexes averaged 57 days on market, an 18-day decrease compared to December 2019. Overall, all residential listings averaged 58 days on market, decreasing by 11 days year-over-year and increasing by 4 days compared to the previous month.


* Effective January 1, 2021, the REALTORS® Association of Edmonton will be using the term Greater Edmonton Area (GEA) to replace Edmonton CMA (Census Metropolitan Area). This change is intended to reduce confusion with the term Comparative Market Analysis. The geographic area remains the same – only the terminology has changed.

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Edmonton, December 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for November 2020 increased 27.18% compared to November 2019 and decreased 16.23% from October 2020. The number of new residential listings is up year over year, increasing 3.05% from November 2019. New residential listings are down month over month, decreasing 31.57% from October 2020. Overall inventory in the Edmonton CMA fell 15.07% from November of last year and decreased 10.94% from October 2020.


For the month of November, single family home unit sales are up 36.10% from November 2019 and decreased 19.41% from October 2020 at 901. Condo unit sales increased 6.73% from November 2019 and decreased 8.38% from October 2020.


All residential average prices are up to $376,636, a 6.47% increase from November 2019, and down 1.42% from October 2020. Single family homes sold for an average of $439,103, a 4.39% year-over- year increase from November 2019, and a 0.86% decrease from October 2020. Condominiums sold for an average of $230,688, a 1.18% increase year-over-year, and prices are down 0.40% compared to October 2020. Duplex prices increased 4.79% from November 2019, selling at $337,784, which was a 0.44% increase from October 2020.


“The Edmonton market has seen an increase in year-over-year unit sales, compared to a decrease in month-to-month sales,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of single-family homes, condos and duplexes compared to November of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. We’re pleased to see year-over-year increases in pricing across all markets, with single family home pricing up 4.39%, duplexes up 4.79%, and condos up 1.18%.”


Single family homes averaged 49 days on the market, a fifteen-day decrease from last year. Condos averaged 63 days on the market, a fifteen-day decrease from last year, while duplexes averaged 54 days on market, a ten-day decrease compared to November 2019. Overall, all residential listings averaged 54 days on market, decreasing by 15 days on market year-over-year and increasing by four days compared to the previous month.

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Edmonton, November 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for October 2020 increased 26.34% compared to October 2019 and decreased 0.21% from September 2020. The number of new residential listings is up year over year, increasing 14.75% from October 2019. New residential listings are down month over month, decreasing 7.43% from September 2020. Overall inventory in the Edmonton CMA fell 12.10% from October of last year and decreased 3.88% from September 2020.


For the month of October, single family home unit sales are up 38.02% from October 2019 and decreased 5.89% from September 2020 at 1,118. Condo unit sales increased 2.37% from October 2019 and decreased 13.28% from September 2020.


All residential average prices are up to $382,060, a 7.97% increase from October 2019, and up 1.50% from September 2020. Single family homes sold for an average of $442,854, a 5.05% year- over-year increase from October 2019, and a 0.72% increase from September 2020. Condominiums sold for an average of $231,608, a 1.67% increase year-over-year, and prices are down 1.34% compared to September 2020. Duplex prices increased 2.34% from October 2019, selling at $336,314, which was a 1.23% decrease from September 2020.


“The Edmonton market has seen an increase in year-over-year unit sales, compared to a slight decrease in month-to-month sales,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of single-family homes, condos and duplexes compared to October of last year, while we’ve seen stable or decreasing month over month sales in all markets, which is typical for this time of year. We’re pleased to see year-over-year increases in pricing across all markets, with single family home pricing up 5.05%, duplexes up 2.34%, and condos up 1.67%.”


Single family homes averaged 47 days on the market, a thirteen-day decrease from last year. Condos decreased to an average of 58 days on the market, an eighteen-day decrease from last year, while duplexes averaged 50 days on market, a thirteen-day decrease compared to October 2019. Overall, all residential listings averaged 50 days on market, decreasing by 15 days on market year-over-year and three days compared to the previous month.

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Edmonton, October 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for September 2020 increased 35.55% compared to September 2019 and decreased 0.21% from August 2020. The number of new residential listings is up year over year, increasing 10.37% from September 2019. New residential listings are up month over month, increasing 5.90% from August 2020. Overall inventory in the Edmonton CMA fell 15.15% from September of last year and decreased 4.04% from August 2020.


For the month of September, single family home unit sales are up 42.79% from September 2019 and stayed the same as August 2020 at 1,188. Condo unit sales increased 7.26% from September 2019 and decreased 2.21% from August 2020.


All residential average prices are up to $376,571, a 7.14% increase from September 2019, and up 0.54% from August 2020. Single family homes sold for an average of $440,020, a 4.73% year-over- year increase from September 2019, and a 0.11% increase from August 2020. Condominiums sold for an average of $232,237, a 6.74% increase year-over-year, and prices are up 1.34% compared to August 2020. Duplex prices dropped 0.89% from September 2019, selling at $340,519, which was a 0.58% decrease from August 2020.


“The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a slight decrease in month to month sales,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of single-family homes, condos and duplexes compared to September of last year, while we’ve seen stable or decreasing month over month sales in all markets, which is typical for this time of year. Single family home pricing increased 4.73%, duplexes are down 0.89%, and condos are up 6.74% year-over-year.”


Single family homes averaged 47 days on the market, a twelve-day decrease from last year. Condos decreased to an average of 65 days on the market while duplexes averaged 52 days on market, a fifteen-day decrease compared to September 2019. Overall, all residential listings averaged 53 days on market, decreasing by 10 days on market year-over-year and one day compared to the previous month.

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Edmonton, September 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for August 2020 increased 20.11% compared to August 2019 and decreased 13.16% from July 2020. The number of new residential listings is down year over year, decreasing 3.96% from August 2019. New residential listings are down month over month, decreasing 9.28% from July 2020. Overall inventory in the Edmonton CMA fell 14.6% from August of last year and decreased 5.95% from July 2020.


For the month of August, single family home unit sales are up 22.98% from August 2019 and down 12.39% from July 2020. Condo unit sales decreased 0.97% from August 2019 and decreased 17.41% from July 2020.


All residential average prices are up to $374,409, a 1.86% increase from August 2019, and up 1.24% from July 2020. Single family homes sold for an average of $439,605, a 1.01% year-over- year increase from August 2019, and a 0.79% increase from July 2020. Condominiums sold for an average of $229,172, a 2.23% decrease year-over-year, and prices are up 1.79% compared to July 2020. Duplex prices dropped 3.48% from August 2019, selling at $342,169, which was a 3.07% increase from July 2020.


“The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a month to month sales decrease,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of single-family homes compared to August of last year, while we’ve seen less sales in the condo and duplex market. Single family home pricing increased 1.01%, duplexes are down 3.48%, and condos are down 2.23% year-over-year.”


Single family homes averaged 46 days on the market, an eleven-day decrease from last year. Condos decreased to an average of 65 days on the market while duplexes averaged 51 days on market, a ten-day decrease compared to August 2019. Overall, all residential listings averaged 52 days on market, decreasing by 10 days on market year-over-year and two days compared to the previous month.

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Edmonton, August 5, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for July 2020 increased 13.58% compared to July 2019 and increased 5.61% from June 2020. The number of new residential listings is up year over year, increasing 7.56% from July 2019. New residential listings are down month over month, decreasing 8.66% from June 2020. Overall inventory in the Edmonton CMA fell 15.52% from July of last year and decreased 3.58% from June 2020.


For the month of July, single family home unit sales are up 9.53% from July 2019 and up 3.91% from June 2020. Condo unit sales increased 11.01% from July 2019 and increased 6.70% from June 2020.


All residential average prices are up to $369,805, a 0.68% increase from July 2019, and up 2.67% from June 2020. Single family homes sold for an average of $436,142, a 1.39% year-over-year increase from July 2019, and a 3.06% increase from June 2020. Condominiums sold for an average of $225,138, a 0.97% increase year-over-year, and prices are up 2.41% compared to June 2020. Duplex prices dropped 0.41% from July 2019, selling at $331,963, which was a 0.79% increase from June 2020.


“The Edmonton market prices have a slight increase in year-over-year unit sales, as well as month to month sales increase,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of single-family homes, condos and duplexes compared to July of last year. Single family home pricing increased 3.06%, duplexes are down 0.41%, and condos are up 0.97% year-over-year.”


Single family homes averaged 49 days on the market, an eight-day decrease from last year. Condos decreased to an average of 63 days on the market while duplexes averaged 55 days on market, a eleven-day decrease compared to July 2019. Overall, all residential listings averaged 54 days on market, decreased year-over-year, and decreased by five-days compared to the previous month.

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