The latest weekly stats are in, and we’re seeing some subtle shifts in Edmonton’s real estate landscape.

Sales Slow Down
There were 566 properties sold across the city this past week, representing a 13% decrease from the previous week. This dip could be part of the typical ebb and flow we see in spring, especially as buyers take a pause to reassess options in a changing market.

Fewer New Listings on the Market
We also saw a drop in new inventory, with 833 new listings, down 17% from the previous week. This decrease in fresh listings may contribute to tighter competition among buyers, particularly in popular price points and neighborhoods.

Price Trends Stay Steady
Despite the slower activity, home prices remain relatively stable. The average price for a property in Edmonton rose slightly to $481,000, a 1% increase week-over-week. On the other hand, the median price saw a small dip to $448,000, down 1% from last week. These subtle shifts suggest that while the market is still moving, pricing is leveling off as we approach the late-spring period.

What This Means for You
Whether you're buying or selling, staying informed helps you make smart, confident decisions. If you're thinking about entering the market, it's a great time to connect with a local expert who can help you navigate the current conditions and find opportunities.

All statistics sourced from the Realtors Association of Alberta.

The Edmonton real estate market continues to show strong momentum this spring, with a noticeable uptick in sales activity and price growth across the region.

Sales Volume Climbs
There were 648 residential properties sold in Edmonton during the week ending April 16, marking a 6% increase from the previous week. This continued rise in sales points to growing buyer confidence and a strong demand for homes, even as we move further into the busy spring season.

Fewer Listings, Tighter Supply
While sales are up, new listings dipped by 4%, with 1,001 properties hitting the market. This slight contraction in supply, coupled with increasing demand, may start to place upward pressure on home prices in the coming weeks if the trend continues.

Prices on the Rise
The average sale price for the week came in at $474,000, which is a 3% increase from last week. Even more notable is the median sale price, now sitting at $452,000, representing a 5% week-over-week increase. These gains suggest not only strong buyer activity, but also a shift toward more mid-to-high-range homes being purchased.

What This Means for Buyers & Sellers
For sellers, the market remains favorable—with rising prices and healthy buyer activity, it's an ideal time to consider listing your property. For buyers, acting sooner rather than later might help secure a home before prices climb further or inventory tightens.

As always, working with a knowledgeable real estate professional can help you navigate current trends and make confident decisions, whether you're buying or selling.

Statistics are sourced from the Realtors Association of Alberta.