(780) 458-8300
RE/MAX Professionals | 12 Hebert Road, St. Albert
admin@blacklabelpropertygroup.com

April Real Estate Market Statistics

Average Sale Price

EDMONTON & AREA AVERAGE SALE PRICES - REAL ESTATE MARKET TRENDS

Single Family  $510,988

Condominium $237,249

Duplex $409,428

Average single family and duplex prices continue to surge but due to the influx of spring inventory and increased interest rates would not at all be surprised to see this level out a bit.

Average Days on Market

EDMONTON & AREA AVERAGE DAYS ON MARKET - REAL ESTATE MARKET TRENDS

Single Family 23 Days

Condominium 45 Days

Duplex 24 Days

Days on market continue to shrink in contrast to the yearly trend. Homes are selling fast if priced right and that will continue to be the case. However increased inventory will cause days on market to start to expand going forward.

Highest Sale

EDMONTON & AREA HIGHEST SALE - REAL ESTATE MARKET TRENDS

Single Family $5,150,000

Condominium $1,000,000

Duplex $1,545,000

A breathtaking river valley masterpiece in Windsor Park was responsible for the highest single family sale continuing the trend of river valley properties in Edmonton fetching the premier price points. At the other end of the spectrum, a brand new Grovenor tri-plex replete with 3 legal basement suites represents the highest duplex sale.

Total Listings & Sales

EDMONTON & AREA TOTAL LISTINGS & SALES - REAL ESTATE MARKET TRENDS

 4,719 Listings

2,919 Sales

Listings are up and sales are down all contributing to a increase in available market inventory going into spring. This number is indicative of the market balancing itself out a bit.

Need to know what these numbers mean for you?