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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


THE EDMONTON REAL ESTATE BOARD RELEASED THEIR MONTHLY STATISTICS FOR DECEMBER 2019. We discuss what the stats mean to buyers, and sellers PLUS what is expected in 2020. Host LeRoy Warden of Edmonton Real Estate Today is joined by RE/MAX Real Estate Realtor Sheryl Stephens and Bill Briggs, Broker of RE/MAX Real Estate. We review and predict the Edmonton area real estate market for houses, condos, townhouses and duplexes. Also, provide information on average selling prices, number of listings for sale, tips for buying and selling and how interest rates can affect you right now.Source: Edmonton Real Estate Board / Realtors Association of Edmonton

Here’s a quick summary of the stats that The Edmonton Real Estate Board released for the month of December 2019!

New Listings: 1,315

Dec Sales: 843

Inventory: 5,961

Average Single Family Home Price: $411,000

Average Condo Price: $227,000

Average Duplex/Rowhouse Price: $325,000

Average Days On Market for Single Family Home: 64 Days

Average Days On Market for Condo: 77

Days Average Days On Market for Duplex/Rowhouse: 75 Days

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