Edmonton Market Report Infographics

Saturday, August 24, 2019 11:15:44 AM UTC
INFOGRAPHICS: July 2019 RAE Edmonton Market Reports
INFOGRAPHICS: July 2019 RAE Edmonton Market Reports

It’s time for our monthly updates again, and it looks like RAE is going into the third quarter of the year on a positive note. Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

As noted in their latest market update, July’s residential unit sales are up 11.49% year over year. While sales rose, the number of new residential listings dropped 10.01% from July 2018, and overall inventory in the Edmonton CMA dropped 13.58% from July of last year.

All residential average prices decreased to $366,344, a drop of 1.70% from July 2018, and are virtually unchanged from June 2019. Single family homes sold for an average of $429,717, a 1.91% year-over-year drop from July 2018, but a 1.37% increase from June 2019. Condominiums sold...

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INFOGRAPHICS: June 2019 RAE Edmonton Market Reports
INFOGRAPHICS: June 2019 RAE Edmonton Market Reports

Summer’s here, and so are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

As noted in their latest market update, year over year unit sales in RAE remain steady, while average selling prices have seen a decrease.

Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of June 2019 rose 0.56% compared to June 2018. While sales were reasonably similar, the number of new residential listings dropped 18.03% from June 2018, and overall inventory in the Edmonton CMA dropped 11.68% from June of last year.

Single family home unit sales increased 1.46%, while condo unit sales dropped 4.34%, and unitsales of duplexes were unchanged from the same period of time last year.

 


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INFOGRAPHICS: May 2019 RAE Edmonton Market Reports
INFOGRAPHICS: May 2019 RAE Edmonton Market Reports

Ready for June? Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

In their latest monthly market report, total residential sales have seen a year-over-year increase of 4.04% from May 2018. Sales of single-family homes have increased by 2.64% year over year. Condo sales have decreased by 0.42% since May of 2018. Duplex/rowhouse sales have increased by 14.36% year over year. All residential listings have increased 7.22% from last month but have decreased by 12.17% from May of 2018.

REALTORS® Association of Edmonton Chair Michael Brodrick says,

“Month over month increases are typical at this time of year, when more people are looking to sell and buy homes. This year is no different, but we’ve experienced an increase in...

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INFOGRAPHICS: April 2019 RAE Edmonton Market Reports
INFOGRAPHICS: April 2019 RAE Edmonton Market Reports

Things are looking up! Here are this month’s housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to their most recent media release, when compared to March 2019, unit sales across most categories increased, and year over year sales are up in all major categories.

Average unit prices rose from last month but are still down from April 2018. Inventory rose 8.78% higher compared to March 2019 but was down 1.78% over April 2018. Listings were also up, climbing 11.14% month over month but down 1.92% year over year.

“Spring tends to see more activity in the market with this year being no exception,” says REALTORS® Association of Edmonton Chair Michael Brodrick.

 


 

The following data is a comparison between April 2018...

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INFOGRAPHICS: March 2019 RAE Edmonton Market Reports
March 2019 RAE Edmonton Market Reports

Ready for Spring? Here are this month’s housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

In their latest market report, it appears that overall unit sales in RAE are up relative, to February 2019 stats. Unit sales across all categories increased, with single family home sales increasing 27.84%, condo sales increasing 8.86%, and duplex/rowhouse sales increasing 21.05%. The report states that this is a trend that is typical to the industry during the spring season.

However, compared to March 2018, sales for all residential categories were down 13.19%.

Inventory has also risen 11.71% compared to February 2019, but slipped 0.68% from March 2018.

 


 

The following data is a comparison between March 2018 and March 2019 numbers, and...

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INFOGRAPHICS: February 2019 RAE Edmonton Market Reports
INFOGRAPHICS: February 2019 RAE Edmonton Market Reports

Ready for Spring? Here are the most recent housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to RAE’s latest market update, when compared to January 2019, unit sales across all categories increased, with single family home sales increasing 23.31%, condo sales increasing 26.05% and duplex/rowhouse sales increasing 17.53%.

Year over year sales are down in all major categories, with single family homes sales decreasing 2.73%, condo sales decreasing 6.62% and duplex/rowhouses sales decreasing 9.60%. Year to date sales for all residential categories were down 11.01% compared to February 2018.

RAE Chair Michael Brodrick states,

“February tends to see the start of an increase in unit sales in the real estate market following...

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INFOGRAPHICS: January 2019 RAE Edmonton Market Reports
INFOGRAPHICS: January 2019 RAE Edmonton Market Reports

We are now a month into the new year, so let’s see how the market has been doing at the start of 2019. Here are the most recent housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

As per their latest market update, RAE’s residential segment has seen a decline in average prices in January 2019. Meanwhile, inventory has remained higher in average, while the average days on market are reflective of the slower winter market.

According to RAE Chair Michael Brodrick,

“The real estate market is still experiencing the consequences of high inventory and slow sales. Buyers are benefiting from more choice but may be struggling with the mortgage qualification rules, while sellers will need to continue to be patient and flexible in this...

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INFOGRAPHICS: December 2018 RAE Edmonton Market Reports
INFOGRAPHICS: December 2018 RAE Edmonton Market Reports

2019 is upon us, so here are the most recent housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to RAE’s latest reports, 2018 for the Edmonton CMA mostly saw a year of stable average and median prices, decreasing sales, and increasing inventory. In their latest update, they noted that year-to-date average prices remained relatively stable throughout 2018

Listings in December 2018 were also down by 3.85% compared to the year prior, and down by 43.09% compared to November 2018. However, residential sales were also down in December, showing dips of 19.65% compared to December 2017, and 30.13% compared to November 2018. Average prices, on the other hand, were relatively stable.

RAE Chair Michael Brodrick notes,

“The real estate...

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INFOGRAPHICS: November 2018 RAE Edmonton Market Reports
INFOGRAPHICS: November 2018 Edmonton Market Reports

Here are the latest housing market numbers for areas covered by the REALTORS Association of Edmonton (RAE)!

As RAE has mentioned in their most recent market update, inventory is up, while residential unit sales and prices are down within the Edmonton Census Metropolitan Area (CMA).

All residential unit sales decreased 9.78% month-over-month, and decreased 10.56% year-over-year.

Meanwhile, new listings and active inventory are both up when compared to November 2017, with new listings showing a 9.97% increase, and inventory up by 9.86%. However listings and inventory have both gone down, when compared to October 2018, showing decreases of 15.38% and 2% respectively.

According to RAE Chair Darcy Torhjelm,

“Compared to 2017, listings and inventory are increasing, which means there is plenty...

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INFOGRAPHICS: October 2018 RAE Edmonton Market Reports
INFOGRAPHICS: October 2018 RAE Edmonton Market Reports

You asked for it, so you got it. ��

Here’s the October 2018 Market Report for areas covered by the Realtors Associations of Edmonton (RAE).

According to their most recent press release, year over year residential unit sales, as well as average prices have decreased in the past month.

In a statement by RAE Chair Darcy Torhjelm,

“Some of the market decreases are a result of slower sales coupled with higher inventory and listings, as well, it is also common for both prices and sales to begin to decrease at this time of year due to seasonal market fluctuations. As we move towards the end of the year, we will likely see average days on market grow with inventory remaining higher.”

 


 

The following data is a comparison between October 2017 and October 2018 numbers, and...

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.