The Edmonton real estate market has experienced notable activity in the week ending March 5, 2025. Here's a detailed overview of the recent statistics:

Unit Sales

A total of 483 residential units were sold this week, marking a 4% increase from the previous week. This uptick aligns with the broader trend observed in February 2025, where there were 1,825 residential unit sales in the Greater Edmonton Area (GEA), reflecting a 14.3% increase from January 2025.

New Listings

The market saw 814 new listings this week, a 12% rise compared to the prior week. In February 2025, new residential listings amounted to 2,723, up 13.2% from January 2025, indicating a consistent influx of properties entering the market.

Average and Median Prices

The average home price this week stands at $467,000, a 7% increase from last week. However, the median price experienced a slight dip, settling at $442,000, which is a 2% decrease from the previous week. For context, in February 2025, the average residential price in the GEA was $449,554, showing a 2.6% month-over-month increase.

Market Insights

The Edmonton housing market has been on an upward trajectory. According to the 2025 Realtors Association of Edmonton Forecast, the average sale price increased by 7.7% between 2023 and 2024, and the number of sales transactions rose by 27.5% during the same period. This growth is anticipated to continue, with expectations of a 10% rise in average residential sale prices and a 4% increase in sales in 2025.

The consistent increase in new listings suggests a healthy market with ample opportunities for buyers. However, the slight decrease in the median price may indicate a shift in the types of properties being sold or a broader range of pricing options available to buyers.

Overall, the Edmonton real estate market continues to show resilience and growth, offering promising opportunities for both buyers and sellers.

Statistics sourced from the REALTORS® Association of Edmonton.

As we conclude the week ending January 29, 2025, Edmonton's real estate market exhibits nuanced shifts across various metrics. Here's a detailed breakdown:

Sales Activity

• Total Unit Sales: The city recorded 413 property sales this week, marking a slight decrease of 1% from the previous week.

New Listings

• Total New Listings: There were 568 new properties listed, representing a 7% decline compared to last week.

Pricing Trends

• Average Price: The average property price remained stable at $449,000, showing no change from the prior week.

• Median Price: The median price experienced a notable increase, rising by 7% to reach $437,000.

The slight decrease in unit sales, coupled with a more pronounced drop in new listings, suggests a tightening in market supply.he stability in average pricing, alongside the uptick in median price, indicates sustained demand, particularly in mid-range properties.hese dynamics may point toward a competitive environment for buyers, especially as inventory contracts.

Looking Ahead

As we progress into 2025, market participants should monitor these trends closely.otential sellers might find opportunities in the current climate, while buyers should be prepared for possible competition, especially in sought-after price brackets. *Data Source: ealtors Association of Alberta.

Market Analysis

The slight decrease in unit sales, coupled with a more pronounced drop in new listings, suggests a tightening in market supply. The stability in average pricing, alongside the uptick in median price, indicates sustained demand, particularly in mid-range properties. These dynamics may point toward a competitive environment for buyers, especially as inventory contracts.

Data Source: Realtors Association of Alberta

The Edmonton real estate market has been bustling this past week, with notable increases in activity across key metrics. Here’s a snapshot of the latest statistics:

Market Highlights:

• Unit Sales: A total of 416 properties were sold, marking a 27% increase compared to the previous week. This significant uptick demonstrates robust buyer interest as we move further into January.

• New Listings: There were 608 new properties listed, a 12% rise from the previous week. This increase is providing more options for buyers and potentially easing the pressure in certain segments of the market.

• Average Price: The average home price in Edmonton climbed to $448,000, representing a 7% increase from last week. This suggests continued demand, particularly for higher-priced homes.

• Median Price: While the average price rose, the median price edged slightly downward to $407,000, a 1% decrease from the prior week. This could indicate more sales in the mid-range or entry-level market.

What This Means for Buyers and Sellers

The market is off to a strong start in 2025. Buyers should be prepared for competition in a market with growing sales activity and higher average prices. For sellers, now is a great time to list, as more buyers are actively searching for homes, and the average price trends upward.

Are you curious about how these trends impact your buying or selling plans? Feel free to reach out for expert advice tailored to your real estate goals!

Source: These statistics are provided by the Realtors Association of Alberta.

The Edmonton real estate market started the year strong, showing significant activity in both unit sales and new listings. Here’s a detailed breakdown of this week’s statistics:

Market Highlights

Unit Sales Surge by 43%

This week saw 327 properties change hands in Edmonton, a 43% increase compared to last week. This uptick in sales activity suggests a busy January, with buyers taking advantage of the fresh inventory hitting the market.

New Listings on the Rise

There were 543 new listings added to the market, marking a 29% increase from the previous week. With more options available, buyers are finding increased opportunities to explore homes that fit their needs and budgets.

Average and Median Prices Dip Slightly

The average property price this week was $420,000, reflecting a 4% decrease from last week’s figures. Similarly, the median price settled at $411,000, also down by 4%. These modest declines might indicate an adjustment in pricing as the market continues to stabilize after the holiday season.

What Does This Mean for Buyers and Sellers?

• For Buyers: The increase in inventory gives you more choices, and the slight decrease in prices could be an opportunity to enter the market. Work with your Realtor to explore the latest options and negotiate effectively.

• For Sellers: With sales activity on the rise, this could be a great time to list your property. Ensure your home stands out by pricing it competitively and showcasing its unique features.

As we move further into January, it will be interesting to see if these trends continue. Stay tuned for next week’s update for more insights into the Edmonton real estate market.

All statistics are sourced from the Realtors Association of Alberta.

As we step into the new year, the Edmonton real estate market has shown impressive momentum after the holiday season slowdown. Activity in the market is picking up significantly, with notable increases across key areas. Here’s a deeper look into the market statistics for the week ending January 8, 2025:

Unit Sales: This week, Edmonton saw 229 unit sales, marking a significant 49% increase from the previous week. The holiday period tends to cause a dip in transactions as many buyers and sellers take a break from the market to focus on family and festivities. However, with the return to work and the post-holiday rush, this increase is a positive sign of renewed market activity. As people return from holiday vacations and get back to their home-buying plans, the market begins to see a natural rebound in sales.

New Listings: New listings surged to 421, a remarkable 240% increase from the week prior. This huge jump is reflective of the seasonal ebb and flow in real estate activity. After the holiday lull, many sellers are once again ready to list their properties, eager to get a head start in the new year. It’s common to see such a significant uptick in new listings once the holidays are over, as sellers who waited to list during the festive season are now making their properties available to the market.

Price Trends: The average price for homes in Edmonton has risen to $436,000, marking an 8% increase from last week. The median price is now $430,000, a 7% increase from the previous week. These price increases can largely be attributed to the increased market activity following the holidays. As more listings come on the market, and as both buyers and sellers return to their real estate plans, there’s typically upward pressure on prices as demand meets supply.

The increase in prices reflects an ongoing trend that’s typical for this time of year as the market reawakens. Buyers who had been waiting for the right time to purchase are now acting on those plans, while sellers are looking to capitalize on renewed interest in the market.

Understanding the Holiday Impact: It’s important to keep in mind that the holidays often bring a temporary slowdown to the real estate market. Both buyers and sellers tend to take a break, which leads to a decrease in unit sales and new listings. The significant increases this week are therefore to be expected as the market adjusts back to normal after the seasonal dip.

The jump in unit sales and new listings, combined with rising prices, is a typical pattern we often see as the market shakes off the holiday lull and activity picks up again. These statistics provide a promising outlook for the start of the year as the Edmonton market begins 2025 with a clear momentum.

Looking Ahead: As we move forward into the first quarter of the year, it will be interesting to watch how these trends continue. Buyers and sellers are likely to remain active, and it’s expected that the market will continue to show signs of growth as the winter season fades and we head into spring. The coming weeks will reveal whether these upward trends in price and activity will sustain through the next phase of the market.

Source: Statistics provided by the Realtors Association of Alberta.

Stay tuned for more updates as we continue to track Edmonton’s real estate market trends throughout the year!