The Numbers
April 2023 Real Estate Market Statistics
Average
Sale Price
The spring market is here. Warmer temperatures and depleted inventory through winter months have sent prices in all sectors sky rocketing. Expect the numbers to continue to increase albeit at a slightly less aggressive pace.
Single Family
$500,635 (+3.1%)
Condominium
$192,560 (0%)
Duplex
$378,797 (+3.4%)
Townhouse
$261,390 (+5.6%)
Average
Days on Market
Higher home prices means quicker sales and all 4 sectors are trending with quicker sales than yearly average.
Single Family
42 (49)
Condominium
56 (63)
Duplex
41 (45)
Townhouse
45 (53)
Total Listings & Sales
Sales numbers experience a sharp increase month over month which will only fuel a continued spring market heading into May. Expect inventory to climb as well as the market moves to match.
Listings
3,497 (+6%)
Sales
2,028 (+11.1%)
Highest Sale
A 4,000+ Windermere luxury estate home took highest sale in April while a St Albert apartment on the river set the benchmark for condominiums.
Single Family
$2,625,000
Condominium
$922,500
Duplex
$810,000
Townhouse
$573,000
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