October 2024 Single Family Market Report - Vital Home Realty
Posted by Vital Home Realty on
The single-family home market in Edmonton saw consistent activity throughout October 2024, with stable sales volume and continued strength in pricing. While the market showed some typical seasonal moderation, key metrics indicate that both buyers and sellers can move with confidence. Here’s a detailed breakdown of the numbers and trends shaping the market this month.
Sales Prices
In October 2024, single-family home prices averaged $525,000, which marks a slight adjustment from the summer highs of $532,000 in July. Despite this small seasonal dip, prices remain robust, reflecting a 9% year-over-year increase from $480,000 in October 2023.
This solid price appreciation over the past year suggests that Edmonton’s real estate market is holding…
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