I wanted to share a quick and simple update on what’s happening in the Greater Edmonton Area real estate market this past week (March 25–31), and more importantly what it actually means for you.
Here’s a breakdown:
📌 New Listings: 887 (+5%)
We’re seeing more homes hit the market, which means buyers have a bit more choice than before. For sellers, this also means slightly more competition—so pricing and presentation matter more than ever.
📌 Unit Sales: 522 (-2%)
Sales dipped just slightly, but the market is still active. Homes are still moving—just with a bit more selectiveness from buyers.
📌 Average Price: $470K (-1%)
Prices have remained relatively stable with a very slight decrease. This isn’t a major shift, but it shows the market is balancing out.
📌 Median Price: $450K (+3%)
The median price increasing tells us that well-priced homes are still selling strong. Buyers are still willing to pay for value.
If you have any questions, reach out and lets talk.