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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


EDMONTON REAL ESTATE BOARD UPDATE | NOVEMBER 2019 SUMMARY

 
THE EDMONTON REAL ESTATE BOARD RELEASED THEIR MONTHLY STATS FOR THE NOVEMBER 2019 EDMONTON REAL ESTATE MARKET! We discuss the Edmonton real estate market statistics and how it affects you as a buyer, seller or current homeowner in the Edmonton and area housing market. Find out what’s happening in the real estate housing market in the greater Edmonton area which includes a housing update and review, the average selling prices, number of Edmonton listings, predictions and forecast on houses, condos, townhouses and duplexes. Host LeRoy Warden of Edmonton Real Estate Today is joined by RE/MAX Real Estate Realtor Sheryl Stephens and Michael Brodrick the 2019 Chair, REALTORS® Association of Edmonton of the as they discuss the market statistics and provide you with tips on buying, selling and predictions for 2020. Source: Edmonton Real Estate Board / Realtors Association of Edmonton Presented by: Leroy Warden And Associates, RE/MAX Real Estate, Edmonton AB
 
Here’s a quick summary of the stats that The Edmonton Real Estate Board released for the month of November 2019!
New Listings: 1,860
Nov Sales: 1,101
Inventory: 7,923
Average Single Family Home Price: $420,650
Average Condo Price: $228,113
Average Duplex/Rowhouse Price: $322,330
Average Days On Market for Single Family Home: 64 Days
Average Days On Market for Condo: 78 Days
Average Days On Market for Duplex/Rowhouse: 64 Days

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.