Market Reports

Covid 19 has changed our market. Staying informed when are selling a home or buying one is crucial so that you make the right choices at the right time. We pride our ourselves on being 'first to market' every week, every month and every quarter with this information. Read our reports first before you sell or buy any home in the metro Edmonton area... 

Found 58 blog entries about Market Reports.

 
Many of you will be wondering how the Covid 19 health crisis has affected our market and we are pleased to publish the following results.

There is always a market in the larger centres like Edmonton and despite a one off incident like Covid 19, over 4,800 home buyers decided to take the plunge and purchase a home equal to an adjustment of about 18%.

Buyers have been able to negotiate with many worried home sellers and on average home buyers were able to secure a discount of about 5% compared to last year. To many people this will come as a surprise. Many people we talk believe that values have dropped by much more.

It’s taking about a week longer to sell than last year. Not that significant.

At the end of June, there were 5829 homes and

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets.

Here is our report for the last 7 days. Week ending July 3rd 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

282

63

$358,677

St Albert

29

35

$450,062

Sherwood Park

25

53

$410,176

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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The number of homes sales in June 2020 surpassed that of 2019 and 2018.

1288 homes sold in June 2020 compared to 1287 in 2019 and only 1267 homes sold in 2018.

Sales values are lower than for the last 2 years and home sellers are currently allowing about a 5% discount when compared to 2019.

The average price paid for a home in metro Edmonton in June 2020 was $360,346 compared to $378,813 last year.

However, the average price paid in May 2020 was $358,891 and so values have climbed and especially so since March when average prices were only $345,828 which is right when the Covid 19 pandemic really hit home in Edmonton.

For the balance of the year, we anticipate strong pent up demand and due to reduced inventory levels, (there is

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 26th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

257

53

$348,242

St Albert

34

43

$468,435

Sherwood Park

33

40

$400,097

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 19th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

303

56

$388,444

St Albert

40

41

$449,736

Sherwood Park

27

45

$388,055

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 12th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

230

56

$328,750

St Albert

25

40

$381,920

Sherwood Park

27

37

$383,500

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending June 5th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

234

58

$353,112

St Albert

23

39

$396,523

Sherwood Park

23

61

361,297$

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending May 29th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

189

54

$354,617

St Albert

11

30

$418,000

Sherwood Park

12

56

$407,141

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending May 22nd, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

181

65

$371,782

St Albert

12

63

$408,125

Sherwood Park

9

45

$442,944

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending May 15th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

152

66

$339,912

St Albert

16

49

$385,406

Sherwood Park

14

60

$436,978

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us

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