It you are in the market to buy a home, you are probably hearing that everything is selling and that that there is simply no inventory.

Many listings particularly, single family homes are selling quickly. However, the inventory is being replaced with a steady supply of fresh new choices. The market is always being refreshed.

See the stats below for Edmonton, (excluding sister markets like St Albert, Sherwood Park, Ft Saskatchewan, Beaumont, Stony Plan and Spruce Grove).

Single Family

So far this month and its only May 4th, 231 single family homes have been listed for sale on the Edmonton MLS® System.

In April 1378 single family homes were listed for sale on the Edmonton MLS® System.


Condos

So far this month and its only May 4th, 141 condos have been listed for sale on the Edmonton MLS® System.

In April 1049 condos were listed for sale on the Edmonton MLS® System.

As a buyer there is no need to be too concerned. We are just about to hit the peak of the market for supply. May and June is when most home sellers enter the market, so opportunity awaits.

You must be prepared and ready. Are you?

For other ideas on home buying this year, please see these links:

5 Ways to Win a Multiple Offer

5 Ways to Avoid Paying Too Much for Your New Home in 2021

To shop for ALL homes in the metro Edmonton area please go to our website www.AmbergateHomes.ca.

We have REALTOR® / Advisors standing by and ready to help you. Learn more about our team by clicking here: Ambergate Realty Advisors Team.

About the author:

You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®.

Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home buyers website www.AmbergateHomes.ca.

 Stuart Neal at: 780-760-2014 or visit our home buyers website www.AmbergateHomes.ca.

Posted by Stuart Neal on
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