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Edmonton Market Report Infographics

Thursday, June 6, 2024 10:34:00 PM UTC
Infographics: May 2024 RAE Edmonton Market Reports

Housing Market Activity, Prices Continue To Climb in 2024

There were a total of 3,220 residential unit sales in the Greater Edmonton Area (GEA) real estate market during May 2024, showing increases of 3.3% over April 2024, and 18.9% over May 2023. New residential listings amounted to 4,325, a number 13.4% higher than in April 2024, and 12.6% higher than May 2023. Overall inventory in the GEA increased 6.9% from April 2024, but is still 17.1% lower than May 2023.

Detached unit sales totalled 1,894, an increase of 2.4% over the previous month, and 12.5% higher than the previous year. Semi-detached unit sales increased 3.2% month-over-month and showed an increase of 19.4% year-over-year. Row/Townhouse unit sales also increased 6.1% compared to April 2024 and 21.2% compared to the previous year. Apartment Condominium unit sales also increased 45.8% over May 2023, and 4.5% over the previous month.

Total residential average prices came in at $441,350, a 2.2% increase from April 2024, and 5.0% increase from May 2023. Detached homes averaged $546,390, increasing 3.0% from April 2024 and up from the previous year by 6.8%. Semi-detached units sold for an average of $414,116, increasing 1.8% from the previous month, and up 8.4% year-over-year. Row/townhouse prices remained steady, showing no change from April 2024 but coming in 16.2% higher compared to May 2023, selling at an average of $294,742. Apartment Condominium average prices hit $206,591, increasing 2.6% over last month and coming in 6.9% higher than the previous year.

Read the full report on RAE website!

 


 

The following data is a comparison between May 2024 and May 2023 numbers, and is current as of June 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – May 2024 RAE, Edmonton Report

 

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Infographics: April 2024 RAE Edmonton Market Reports

Housing Market Shows Strong Sales, Still Moderate Prices

There were a total of 3,128 residential unit sales in the Greater Edmonton Area (GEA) real estate market during April 2024, showing increases of 27.1% over March 2024, and 54.9% over April 2023. New residential listings amounted to 3,909, a number 11.2% higher than in March 2024, and 13.7% higher than April 2023. Overall inventory in the GEA increased 2.7% from March 2024, but is still 20.5% lower than April 2023.

Detached unit sales totalled 1,858, an increase of 27.1% over the previous month, and 51.4% higher than the previous year. Semi-detached unit sales increased 33.6% month-over-month and showed an increase of 61.7% year-over-year. Row/Townhouse unit sales also increased 13.9% compared to March 2024 and 46.4% compared to the previous year. Apartment Condominium unit sales also increased 72.5% over April 2023, and 33.2% over the previous month.

Total residential average prices came in at $431,387, a 2.5% increase from March 2024, and 5.4% increase from April 2023. Detached homes averaged $529,957, increasing 2.5% from March 2024 and up from the previous year by 5.8%. Semi-detached units sold for an average of $406,674, falling 0.5% from the previous month, but up 7.4% year-over-year. Row/townhouse prices were up 4.2% from March 2024 and 12.5% when compared to April 2023, selling at an average of $294,417. Apartment Condominium average prices hit $200,968, increasing 3.5% over last month and coming in 3.7% higher than the previous year.

Read the full report on RAE website!

 


 

The following data is a comparison between April 2024 and April 2023 numbers, and is current as of May 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – April 2024 RAE, Edmonton Report

 

 

 

 


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Infographics: March 2024 RAE Edmonton Market Reports

Numbers Give Clear Indication That Spring Market Has Begun

There were a total of 2,467 residential unit sales in the Greater Edmonton Area (GEA) real estate market for March 2024, showing increases of 25.6% over February 2024, and 35.7% over March 2023. New residential listings amounted to 3,597, a number 32.4% higher than in February 2024, and 8.9% higher than March 2023. Overall inventory in the GEA increased 10.7% from February 2024, but is still 15.4% lower than March 2023.

Detached unit sales totalled 1,462, an increase of 26.1% over the previous month, and 36.8% higher than the previous year. Semi-detached unit sales increased 34.9% month-over-month and showed an increase of 43.9% year-over-year. Row/Townhouse unit sales also increased 29% compared to February 2024 and 31.4% compared to the previous year. Apartment Condominium unit sales also increased 30.8% over March 2023, and 14.9% from the previous month.

Total residential average prices came in at $420,959, a 3.4% increase from February 2024, and an 8% increase from March 2023. Detached homes averaged $517,131, increasing 1.7% from February 2024 and up from the previous year by 6.7%. Semi-detached units sold for an average of $408,555, an 11.5% increase year-over-year, and a 6.1% increase from the previous month. Row/townhouse prices were up 2.5% from February 2024 and 13.9% when compared to March 2023, selling at an average of $282,557. Apartment Condominium average prices hit $194,101, increasing 7% over last month and coming in 0.6% higher than the previous year.

Read the full report on RAE website!

 


 

The following data is a comparison between March 2024 and March 2023 numbers, and is current as of April 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – March 2024 RAE, Edmonton Report

 

March RAE Infographics

 

 

 


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Infographics: February 2024 RAE Edmonton Market Reports

Housing Market Heating Up for an Early Spring

There were a total of 1,966 residential unit sales in the Greater Edmonton Area (GEA) real estate market for February 2024, showing increases of 36.9% over January 2024, and 52.6% over February 2023. New residential listings amounted to 2,762, a number 27.7% higher than in January 2024, and 9.3% higher than February 2023. Overall inventory in the GEA increased 5.8% from January 2024, but is still 14.3% lower than February 2023.

Detached unit sales totalled 1,159, a number 32.5% higher than the previous month, and 60.5% higher than the previous year. Semi-detached unit sales increased 36.2% month-over-month and showed an increase of 28.0% year-over-year. Row/Townhouse unit sales also increased 44.6% compared to January 2024 and 49.2% compared to the previous year. Apartment Condominium unit sales also increased 46.7% over February 2024, and 48.0% from the previous month.

Total residential average prices came in at $407,458, a 2.3% increase from January 2024, and a 10.4% increase from February 2023. Detached homes averaged $508,411, increasing 5.2% from January 2024 and up from the previous year by 10.7%. Semi-detached units sold for an average of $385,163, a 7.7% increase year-over-year, and a 1.8% increase from the previous month. Row/townhouse prices were up 2.4% from January 2024 and 9.7% when compared to February 2023, selling at an average of $275,735. Apartment Condominium average prices hit $181,347, decreasing 5.7% over last month and coming in 3.2% lower than the previous year.

Read the full report on RAE website!

 


 

The following data is a comparison between February 2024 and February 2023 numbers, and is current as of March 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – February 2024 RAE, Edmonton Report

 

 

 

 


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Infographics: January 2024 RAE Edmonton Market Reports

Slow And Steady Numbers a Good Sign for 2024

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for January 2024 came to 1,439, an increase of 17.5% from December 2023, and 46.8% higher than January 2023. New residential listings amounted to 2,195, a number 49.3% higher than in December 2023, and 2.3% lower than January 2023. Overall inventory in the GEA decreased 1.9% from December 2023 and 12.1% from January 2023.

For December, detached unit sales totalled 876, higher than the previous month by 25.0%, and up 51.0% from the previous year. Semi-detached unit sales held steady at just 0.7% higher month-over-month but showed an increase of 41.0% year-over-year. Row/Townhouse unit sales had a similar nominal increase of 0.5% compared to December 2023 and an increase of 31.1% from the previous year. Apartment Condominium unit sales also saw a significant year-over-year increase coming in at 50.0% over January 2023, and increased 16.9% from the previous month.

Total residential average prices came in at $398,724, a 2.5% increase from December 2023, and a 7.6% increase from January 2023. Detached homes averaged $484,365, decreasing 1.0% from December 2023 and up from the previous year by 7.3%. Semi-detached units sold for an average of $378,421, resulting in a 6.6% increase year-over-year, and a 4.0% increase from the previous month. Row/townhouse prices were up 2.8% from December 2023 and 8.6% when compared to January 2023, selling at an average of $268,948. Apartment Condominium average prices hit $192,660, increasing 12.8% over last month and 1.1% higher than the previous year.

Read the full report on RAE website!

 


 

The following data is a comparison between January 2024 and January 2023 numbers, and is current as of February 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – January 2024 RAE, Edmonton Report

 

Edmonton REB Infographics

 

 

 


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Infographics: December 2023 RAE Edmonton Market Reports

December Market Busier Than Usual, Not Enough To Outpace 2022 Activity

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for December 2023 came to 1,229, decreasing from November 2023 by 24.4%, but showing an increase of 25.2% over December 2022. New residential listings amounted to 1,497, which is 28.3% lower than November 2023, and 27% higher than December 2022. Overall inventory in the GEA showed decreases of 6.7% from December of last year and 15.2% from November 2023.

For December, detached unit sales totalled 701, a decrease of 24.4% from November 2023, but up 22.6% from the previous year. Semi-detached unit sales were down 16.7% month-over-month but showed an increase of 42.9% from December 2022. Row/Townhouse unit sales were down 19.2% from November 2023 and up 44.0% year-over-year. Apartment Condominium unit sales saw numbers decrease as well, down 33.7% from last month and up only 9.6% compared to December 2022.

Total residential average prices came in at $388,637, a 2.0% increase from November 2023, and a 3.5% increase from December 2022. Detached homes averaged $489,392, amounting to a 3.8% year-over-year increase, a 2.2% increase from November 2023. Semi-detached sold for an average of $364,115, resulting in a 1.6% increase year-over-year, and a 0.5% increase from the previous month. Row/townhouse prices were down 4.0% from November 2023 and increased 9.9% when compared to December 2022, selling at an average of $260,959. Apartment Condominium average prices hit $170,408 showing decreases of 0.4% from last month and 5.2% from last year.

Read the full report on RAE website!

 


 

The following data is a comparison between December 2023 and December 2022 numbers, and is current as of January 2024. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – December 2023 RAE, Edmonton Report

 

 

 

 


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Infographics: November 2023 RAE Edmonton Market Reports

YEG Real Estate Market Sees Month-over-Month Dip in Sales, Prices, and Inventory Amidst Seasonal Trends

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November 2023 came to 1,637, decreasing from October 2023 by 9.1%, but showing an increase of 28.5% over November 2022. New residential listings amounted to 2,126, which is 20.8% lower than October 2023, and 7.9% higher than November 2022. Overall inventory in the GEA showed decreases of 14.5% from November of last year and 12.9% from October 2023.

For November, detached unit sales totalled 932, a decrease of 11.7% from October 2023, but up 22.1% from the previous year. Semi-detached unit sales were down 15.2% month-over-month but showed an increase of 21.7% from November 2022. Row/Townhouse unit sales were down 10.1% from October 2023 and up 32.4% year-over-year. Apartment Condominium unit sales saw numbers increase 55% from last year and 1.7% since October 2023.

Total residential average prices came in at $380,827, a 0.4% decrease from November 2022, and a 3.9% decrease from October 2023. Detached homes averaged $478,874, amounting to a 2.4% year-over-year increase, but a 1.6% decrease from October 2023. Semi-detached sold for an average of $362,209, resulting in a 0.3% increase year-over-year, and a 6.1% decrease from the previous month. Row/townhouse prices were up 4.8% from October 2023 and increased 12.3% when compared to November 2022, selling at an average of $271,092. Apartment Condominium average prices hit $172,024 showing decreases of 15.5% from last month and 10.5% from last year.

Read the full report on RAE website!

 


 

The following data is a comparison between November 2023 and November 2022 numbers, and is current as of December 2023. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – November 2023 RAE, Edmonton Report

 

Edmonton Infographics November 2023

 

 

 


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Infographics: October 2023 RAE Edmonton Market Reports

Despite Interest Rate Worries, Low Inventory Causes Increase in Average Sale Prices

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October 2023 came to 1,812, decreasing from September 2023 by 12.0%, but showing an increase of 21.0% over October 2022. New residential listings amounted to 2,753, which is 8.8% lower than September 2023, and 5.8% higher than October 2022. Overall inventory in the GEA showed decreases of 12.7% from October of last year and 4.9% from September 2023.

For October, detached unit sales totalled 1,055, a decrease of 12.7% from September 2023, but up 12.6% from the previous year. Semi-detached unit sales were down 9.2% month-over-month but showed an increase of 20.7% from October 2022. Row/Townhouse unit sales were down 2.2% from September 2023 and up 26.4% year-over-year. Apartment Condominium unit sales saw numbers increase 57.3% from last year and dip 19.2% lower than September 2023.

Total residential average prices came in at $396,550, a 0.6% increase from September 2023, and a 0.7% decrease from October 2022. Detached homes averaged $486,751, amounting to a 1.8% year-over-year increase, but a 1.4% decrease from September 2023. Semi-detached sold for an average of $385,895, resulting in a 4.2% increase year-over-year, and a 9.0% increase from the previous month. Row/townhouse prices were down 3.1% from September 2023 and down 0.6% when compared to October 2022, selling at an average of $258,779. Apartment Condominium average prices hit $203,663 showing increases of 11.8% from last month and 8.9% from last year.

Read the full report on RAE website!

 


 

The following data is a comparison between October 2023 and October 2022 numbers, and is current as of November 2023. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – October 2023 RAE, Edmonton Report

 

 

 

 


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Infographics: September 2023 RAE Edmonton Market Reports

Fall Market Brings Cooling Effect

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for September 2023 hit 2,058, dropping from August 2023 by 8.4% and increasing 25.8% compared to September 2022. New residential listings decreased slightly, at 0.1% year-over-year from September 2022, and decreasing 3.3% from August 2023. Overall inventory in the GEA was down 15.7% from September of last year, and down 2.8% from the previous month.

For September, detached unit sales totaled 1,311, a decrease of 8.0% from August 2023, but up 26% from the previous year. Semi-detached unit sales were down 11.0% month-over-month but increased by 6.9% from September 2022. Row/Townhouse unit sales were down 20.6% from August 2023 and up 28.0% year-over-year. Apartment Condominium unit sales had an increase of 59.3% from September 2022, and are the only property type to see an increase from the previous month, sitting at 3.2% higher than August 2023.

Total residential average prices came in at $394,000, a 0.1% decrease from September 2022, and a 1.0% decrease from August 2023. Detached homes averaged $493,0328, noting a 2.4% year-over-year increase, but a 0.4% decrease from August 2023. Semi-detached sold for an average of $353,929, resulting in a 4.2% decrease year-over-year, and a 5.2% decrease from the previous month. Row/townhouse prices were up 8.0% from September 2022 and up 5.4% month-over-month, selling at $267,100. Apartment Condominium average prices hit $182,103 showing a decrease of 5.7% from last month and a decrease of 1.6% from September 2022.

Read the full report on RAE website!

 


 

The following data is a comparison between September 2023 and September 2022 numbers, and is current as of October 2023. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – September 2023 RAE, Edmonton Report

 

 

 

 


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Infographics: August 2023 RAE Edmonton Market Reports

August Housing Statistics: High Demand for More Affordable Properties

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for August 2023 hit 2,250, increasing 21.8% compared to August 2022, dropping marginally from July 2023 by 3.1%. New residential listings were up 3.7% year-over-year from August 2022, and increasing 0.3% from July 2023. Overall inventory in the GEA was down 15.5% from August of last year, and down 2.7% from the previous month.

For August, detached unit sales were up 16.8% from August 2022 and decreased 5.8% from July 2023 at 1,311. Semi-detached unit sales were down 11.6% month-over-month but increased by 12.9% from this time last year. Row/Townhouse unit sales were up 50.0% from August 2022 and up 23.2% from July 2023. Apartment Condominium unit sales had an increase of 25.1% from August 2022, while noting a decrease of 6.9% from the previous month.

Total residential average prices came in at $397,811, a 0.5% increase from August 2022, and a drop of 2.7% from July 2023. Detached homes averaged $495,005, noting a 2.1% year-over-year increase, but a 1.4% decrease from July 2023. Semi-detached sold for an average of $373,175, resulting in a 4.3% increase year-over-year, and a decrease of 1.5% from the previous month. Row/townhouse prices were up 3.6% from August 2022 and down 4.1% month-over-month, selling at $253,345. Apartment Condominium average prices hit $192,815 showing a decrease of 1.0% from last month and an increase of 0.5% from August 2022.

Read the full report on RAE website!

 


 

The following data is a comparison between August 2023 and August 2022 numbers, and is current as of September 2023. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – August 2023 RAE, Edmonton Report

 

 

 

 


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