As we approach the summer months, the Greater Edmonton Area's real estate market continues to exhibit dynamic activity. According to the REALTORS® Association of Edmonton, the week of May 21 to May 27, 2025, showcased notable trends in listings, sales, and pricing.

Key Highlights:

• New Listings: The market saw a steady influx of new residential listings, indicating sustained seller confidence.

• Sales Activity: Residential unit sales remained robust, reflecting ongoing buyer interest across various property types.

• Average Prices: Average selling prices for residential properties experienced slight fluctuations, suggesting a balanced market environment.

What This Means for You:

• For Sellers: The consistent number of new listings and stable average prices suggest a favorable environment to list your property. Ensuring your home is market-ready can capitalize on active buyer interest.

• For Buyers: With a healthy inventory and stable pricing, buyers have a diverse selection to choose from. Acting promptly on desirable properties is advisable, given the sustained sales activity.

Stay Informed:

Keeping abreast of weekly market trends is crucial for making informed real estate decisions. For a detailed breakdown of the latest statistics, visit the REALTORS® Association of Edmonton's Weekly Market Watch.

Statistics sourced from the REALTORS® Association of Alberta.

The Greater Edmonton Area (GEA) real estate market continues to show robust activity as we progress through May 2025. The latest data from the REALTORS® Association of Edmonton indicates a dynamic market with notable trends for buyers and sellers alike.

Market Highlights

• Residential Sales: A total of 1,825 residential units were sold in February 2025, marking a 14.3% increase from January 2025, though a 7.1% decrease compared to February 2024. 

• New Listings: There were 2,723 new residential listings, up 13.2% from the previous month but slightly down by 0.4% year-over-year.

• Inventory Levels: Overall inventory in the GEA increased by 11.4% month-over-month, yet remains 13.4% lower than February 2024 levels.

Price Trends

• Average Residential Price: The average price for all residential properties reached $449,554, a 2.6% increase from January 2025 and a 10.5% rise year-over-year.

• Detached Homes: Average selling price stood at $567,913, up 1.2% from the previous month and 11.9% higher than February 2024.

• Semi-Detached Homes: These properties averaged $420,786, a slight 0.1% decrease month-over-month but an 8.9% increase year-over-year.

• Row/Townhouses: Prices averaged $300,818, down 3.5% from January 2025 but 9.1% higher than the same period last year.

• Apartment Condominiums: The average price rose to $217,373, reflecting a 7.3% increase from the previous month and a substantial 19.9% year-over-year growth.

Days on Market

Properties are selling faster across all categories:

• Detached Homes: Average days on market decreased by 12 days to 39.

• Semi-Detached Homes: Now averaging 26 days, an 11-day reduction.

• Row/Townhouses: Down by 9 days to an average of 28 days.

• Apartment Condominiums: Average days on market reduced by 9 days to 48.

Overall, residential listings averaged 37 days on the market, an 11-day improvement from January 2025 and 13 days faster than February 2024.

Conclusion

The Edmonton real estate market is experiencing a vibrant spring season, with increased sales activity, rising prices, and quicker turnaround times for listings. Both buyers and sellers should stay informed and prepared to act swiftly in this competitive environment.

For more detailed statistics and information, visit the REALTORS® Association of Edmonton's official website.

The Edmonton real estate market wrapped up the final week of April 2025 with continued momentum and increased activity across key indicators.

Sales Surge Ahead
A total of 645 residential properties were sold this past week, marking a 14% increase compared to the previous week. This uptick reflects renewed buyer interest, possibly spurred by the spring market and improved weather.

Listings on the Rise
Sellers are also stepping up. Edmonton saw 964 new listings hit the market — a 16% jump week-over-week. This growth in inventory is a positive sign for buyers looking for more options, and it may help ease some of the competition seen earlier this spring.

Price Trends Shift Slightly
The average price for homes in Edmonton dipped slightly to $465,000, a 3% decrease from last week. Meanwhile, the median price held steady at $450,000, showing no change week-over-week. These modest pricing shifts suggest that while inventory and activity are increasing, pricing remains relatively stable overall.

Whether you’re buying, selling, or watching the market, Edmonton real estate continues to evolve as we head into May. Stay tuned for more updates as the spring market unfolds.

Statistics sourced from the REALTORS® Association of Alberta.

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