Seller Blogs

During the process of buying or selling a home, you will unearth countless questions. We know how difficult it can be to sift through all the details in order to find answers relevant and meaningful to you. We have put together the following series of articles that provide clear, concise and useful information on a wide range of issues related to real estate. Here you wil find tips on how to save money, real estate insider secrets, renovation advice, and much more.

We would be happy to personally answer any other questions you may have. Remember, we will be here to assist you every step of the way!

RSS

Average prices in Greater Edmonton area for December 2023

Posted on January 16, 2024 by LeRoy Warden & Associates

How’s the real estate market?

Average prices in Greater Edmonton area for December 2023:

Detached homes averaged $489,392

Semi-detached homes averaged $364,115

Row/townhouses averaged $260,959

Apartment Condominiums averaged $170,408

The Realtors Association of Edmonton reported:

“Total residential average prices came in at $388,637, a 2.0% increase from November 2023, and a 3.5% increase from December 2022. Detached homes averaged $489,392, amounting to a 3.7% year-over-year increase, a 2.1% increase from November 2023. Semi-detached sold for an average of $364,115, resulting in a 1.6% increase year-over-year, and a 0.5% increase from the previous month. Row/townhouse prices were down 4.0% from November 2023 and increased 9.9% when compared to December 2022, selling at an average of $260,959. Apartment Condominium average prices hit $170,408 showing decreases of 0.4% from last month and 5.2% from last year.”

RAE’s December 2023 complete market update can be found at:

https://realtorsofedmonton.com/statistic/december-market-busier-than-usual-not-enough-to-outpace-2022-activity/