Market Update

Curious about the Edmonton and area real estate market? Check out our monthly market update videos, and find information on topics such as average home prices, how long homes are taking to sell, sales trends and more. If you are looking for more specific information, please feel free to contact us


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Average prices in Greater Edmonton area for March 2024

 
How’s the real estate market?
Here are the Greater Edmonton area average prices for March 2024
 
Detached homes $517,000
Semi-detached homes $409,000
Row/townhouses $283,000
Apartment Condominiums $194,000
 
The Realtors Association of Edmonton reported:
“It’s great to see an increase of just over 30% for new listings last month, but our overall inventory is still lower than last year by 15%.” says REALTORS® Association of Edmonton 2024 Board Chair Melanie Boles. “Unit sales numbers are still strong, but not outpacing the new listings; they’re actually very balanced with each other and that’s positive for both buyers and sellers.”
 

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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.