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Edmonton Real Estate Market Update: May 21–27, 2025

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.

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Edmonton Real Estate Market Update: May 14–20, 2025

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.

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Edmonton Weekly Real Estate Market Update – Week Ending April 30, 2025

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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Edmonton Real Estate Market Update – Week Ending April 23, 2025

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.

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Edmonton Real Estate Market Update: Week Ending April 16, 2025

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.

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Edmonton Weekly Real Estate Market Update – Week Ending March 26, 2025

The Edmonton real estate market experienced notable activity during the week ending March 26, 2025. A total of 609 residential units were sold, marking a 2% increase from the previous week. This uptick in sales indicates a growing momentum as the spring market approaches.

New residential listings totaled 898 for the week, reflecting a 2% decrease compared to the prior week. This slight reduction in new listings suggests a tightening of available inventory, which could influence market dynamics in the coming weeks.

The average selling price for homes was $488,000, representing a 1% decline from the previous week. Similarly, the median price settled at $448,000, also down 1% week-over-week. These modest decreases in pricing may offer opportunities for prospective buyers entering the market.

For context, February 2025 saw 1,825 residential unit sales in the Greater Edmonton Area (GEA), a 14.3% increase from January 2025 but a 7.1% decrease compared to February 2024. New residential listings in February numbered 2,723, up 13.2% from January 2025 and down 0.4% year-over-year. The average residential price in February was $449,554, a 2.6% increase from the previous month and a 10.5% rise compared to February 2024. (realtorsofedmonton.com)

These figures underscore the dynamic nature of Edmonton's real estate market, highlighting the importance for both buyers and sellers to stay informed about current trends.

Statistics provided by the REALTORS® Association of Alberta.

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The Edmonton real estate market continues to show robust activity, with notable changes in key metrics for the week ending March 19, 2025.

Sales Activity

A total of 597 residential units were sold during this week, marking a 9% increase from the previous week. This uptick aligns with the broader trend observed earlier in the month, where February saw a 14.3% increase in sales compared to January, indicating sustained buyer interest.

New Listings

There were 915 new listings added to the market this week, representing a 4% decrease from the prior week. Despite this slight decline, the market has experienced an overall growth in inventory. For instance, February reported a 13.2% increase in new listings compared to January, suggesting that the recent weekly dip may be a short-term fluctuation.

Pricing Trends

The average residential price reached $474,000 this week, a 6% rise from the previous week. Similarly, the median price increased by 2% to $452,000. These figures are consistent with the upward pricing trends observed in recent months. In February, the average residential price was $449,554, reflecting a 2.6% month-over-month increase and a 10.5% year-over-year rise.

Market Outlook

The Edmonton housing market is anticipated to remain a seller's market throughout 2025. Projections suggest a 10% increase in average residential sale prices and a 4% rise in the number of sales. This positive outlook is bolstered by strong consumer confidence and an influx of buyers from other provinces seeking more affordable housing options.

In summary, the Edmonton real estate market is experiencing significant growth in sales and prices, with a slight recent dip in new listings. These trends indicate a competitive market environment, favorable for sellers and indicative of sustained demand from buyers.

Statistics sourced from the Realtors Association of Alberta.

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Edmonton Real Estate Market Update: Week Ending March 12, 2025

The Edmonton real estate market has experienced notable activity in the week ending March 12, 2025. Here's a breakdown of the latest statistics:

Sales Activity

A total of 546 residential units were sold this week, marking a 13% increase from the previous week. This uptick indicates a growing confidence among buyers and a robust demand for properties in the region.

New Listings

The market saw 950 new listings this week, a 17% rise compared to the prior week. This surge in listings provides buyers with a wider selection of properties, potentially easing the competition among purchasers.

Price Trends

  • Average Price: The average price of homes sold this week was $448,000, reflecting a 4% decrease from last week. This decline may offer opportunities for buyers seeking more affordable options.

  • Median Price: The median price remained steady at $441,000, showing no change from the previous week. This stability suggests that while there is variability in higher-priced property sales, the mid-market segment remains consistent.

Market Context

The recent increase in both unit sales and new listings aligns with the broader trends observed in Edmonton's housing market. For instance, in February 2025, the Greater Edmonton Area reported 1,825 home sales, a 14.3% increase from January, indicating a strong start to the spring market. 

Additionally, the number of new listings in February rose by 13.2% from January, totaling 2,723. Despite this influx, the overall inventory remained 13.4% lower than the same period last year, highlighting a competitive market environment. 

Implications for Buyers and Sellers

  • For Buyers: The increase in new listings offers more choices; however, with prices showing slight fluctuations, it's essential to act swiftly and make informed decisions.

  • For Sellers: Despite the slight decrease in average prices, the heightened sales activity indicates sustained buyer interest, making it a favorable time to list properties.

Statistics sourced from the Realtors Association of Alberta.

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Edmonton Real Estate Market Update: Week Ending March 5, 2025

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.

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Edmonton Real Estate Market Update: Week Ending January 29, 2025

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

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Edmonton Real Estate Market Update – Week Ending January 22, 2025

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.

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Weekly Real Estate Market Update: Edmonton – Week Ending January 15, 2025

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.

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