Edmonton Market Report Infographics

Tuesday, December 10, 2019 11:23:18 PM UTC
INFOGRAPHICS: November 2019 RAE Edmonton Market Reports
INFOGRAPHICS: November 2019 RAE Edmonton Market Reports

And just like that, 2019 is ending, and we’re gearing up to welcome the next year. Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

As noted on RAE’s most recent stats report, MLS listings are down, and condo prices are up slightly. Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of November 2019 are virtually unchanged compared to November 2018’s 1,105 sales and decreased 17.47% from October 2019. The number of new residential listings is down, dropping 12.59% from November 2018.

Overall inventory in the Edmonton CMA fell 9.31% from November of last year.

For the month of November, single family home unit sales are down 5.82% and condo unit sales increased...

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INFOGRAPHICS: October 2019 RAE Edmonton Market Reports
INFOGRAPHICS: October 2019 RAE Edmonton Market Reports

Temperatures are going down, but sales are going up within the Edmonton market! Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to their most recent market report, sales volumes are going up as inventories are going down. Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of October 2019 increased 8.10% compared to October 2018 and decreased 3.82% from September 2019. The number of new residential listings is down, dropping 5.92% from October 2018. Overall inventory in the Edmonton CMA fell 9.26% from October of last year.

Single family home unit sales are up 3.85% and condo unit sales increased 5.30% from the same period of time last year.

All residential average...

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INFOGRAPHICS: September 2019 RAE Edmonton Market Reports
INFOGRAPHICS: September 2019 RAE Edmonton Market Reports

Autumn is here, and we’re diving straight into the last quarter of the year! Here are this month’s market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to their latest media release, MLS® sales are up year-over-year, while the market remains stable in the Edmonton area.

Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of September 2019 increased 5.72% compared to September 2018. The number of new residential listings is also up, growing 1.67% from September 2018. Overall inventory in the Edmonton CMA fell 9.72% from September of last year.

Single family home unit sales are down 2.91%, unit sales of duplexes are up 7.52%, and condo unit sales jumped 26.78% from the same period...

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INFOGRAPHICS: August 2019 RAE Edmonton Market Reports
INFOGRAPHICS: August 2019 RAE Edmonton Market Reports

Ready to dive into the Fall season? 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, total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of August 2019 dropped 6.38% compared to August 2018. The number of new residential listings is also down, dropping 4.73% from August 2018, and overall inventory in the Edmonton CMA fell 12.21% from August of last year.

All residential average prices remained stable at $367,339, similar to August 2018, and are virtually unchanged from July 2019. Single family homes sold for an average of $434,634, a 2.24% year-over-year increase from August 2018, and a 1.14% increase from July 2019. Condominiums...

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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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Copyright 2019 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.