Edmonton Market Report Infographics
INFOGRAPHICS: April 2023 RAE Edmonton Market Reports
Edmonton Sees Moderate Growth As Spring Market Blooms
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2023 hit 2,028, decreasing 30.8% compared to April 2022 but increasing 11.1% from March 2023. New residential listings were down 26% year-over-year from April 2022, while also noting an increase of 6% from March 2023. Overall inventory in the GEA was up 7.4% from April of last year, and up 9.3% from the previous month.
For April, detached unit sales were down 32.9% from April 2022, but saw an increase of 14.2% from March 2023 at 1,229. Semi-detached unit sales were down 37% year-over-year but increased by 19.3% from March 2023. Row/Townhouse unit sales also decreased 23% year-over-year and increased 0.7% month-over-month. Apartment Condominium unit sales saw a decrease of 23.2% from April 2022 but increased 1.3% from the previous month.
Total residential average prices hit $408,631, a 6% decrease from April 2022, and an increase of 4.8% from March 2023. Detached homes averaged $500,635, a 4.6% year-over-year decrease and a 3.1% increase from March 2023. Semi-detached sold for an average of $378,797, resulting in a small 3.4% decrease year-over-year, but saw an increase of 3.7% from the previous month. Row/townhouse prices were down 3.7% from April 2022, but increased 5.5% month-over-month, selling at $261,390. Apartment Condominium average prices hit $192,560, showing decreases of 0.1% from last month and 5.8% from April 2022.
The MLS® Home Price Index (HPI) composite benchmark price* in the GEA came in at $379,500, resulting in an increase of 0.4% from March 2023, but a decrease of 9.1% from April 2022.
Read the full report on RAE website!
The following data is a comparison between April 2023 and April 2022 numbers, and is current as of May 2023. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – April 2023 RAE, Edmonton Report
INFOGRAPHICS: March 2023 RAE Edmonton Market Reports
Spring Market Has Sprung As Edmonton Sees Month-Over- Month Growth
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for March 2023 decreased 44.6% compared to March 2022 but saw an increase of 42.1% from February 2023. New residential listings were down 22% year-over-year from March 2022, while also noting an increase of 32.3% from February 2023. Overall inventory in the GEA was up 22.1% from March of last year, and up 11.8% from the previous month.
For March, detached unit sales were down 47.5% from March 2022, but saw an increase of 48.4% from February 2023 at 1076. Semi-detached unit sales were down 58.2% year-over-year but increased by 20.7% from February 2023. Row/Townhouse unit sales also decreased 45% year-over- year and increased 49.2% month-over-month. Apartment Condominium unit sales saw a decrease of 19% from March 2022 but increased 30.1% from the previous month.
Total residential average prices hit $390,063, a 9.5% decrease from March 2022, and an increase of 5.6% from February 2023. Detached homes averaged $485,739, a 6.4% year-over-year decrease and a 5.7% increase from February 2023. Semi-detached sold for an average of $365,455, resulting in a small 4.1% decrease year-over-year, but saw an increase of 2.2% from the previous month. Row/townhouse prices were down 7.4% from March 2022 and 1.4% month-over-month, selling at $247,796. Apartment Condominium average prices hit $192,746, showing an increase of 2.9% from last month, and a decrease of 5.2% from March 2022.
Read the full report on RAE website!
The following data is a comparison between March 2023 and March 2022 numbers, and is current as of April 2023. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – March 2023 RAE, Edmonton Report
INFOGRAPHICS: February 2023 RAE Edmonton Market Reports
Edmonton Housing Sales See Strong Month-Over-Month Increases
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for February 2023 decreased 43.4% compared to February 2022 but saw an increase of 31.2% from January 2023. New residential listings were down 12.9% year-over-year from February 2022, while also noting an increase of 15.1% from January 2023. Overall inventory in the GEA was up 20.8% from February of last year, and up 8.5% from the previous month.
For February, detached unit sales were down 50.9% from February 2022, but saw an increase of 24.4% from January 2023 at 725. Semi-detached unit sales were down 47.7% year-over-year but increased by 50% from January 2023. Row/Townhouse unit sales also decreased 33.9% year-over- year and increased 26.4% month-over-month. Apartment Condominium unit sales saw only a minimal decrease of 2.1% from February 2022 but increased 47.7% from the previous month.
Total residential average prices hit $369,286, a 13% decrease from February 2022, and a 0.2% decrease from January 2023. Detached homes averaged $459,600, a 9% year-over-year decrease and a 1.8% increase from January 2023. Semi-detached sold for an average of $357,611, resulting in a small 0.6% decrease year-over-year, with prices down 0.7% compared to January 2023. Row/townhouse prices were down 4.3% from February 2022, but were up 1.4% month-over-month, selling at $251,332. Apartment Condominium average prices hit $187,325, showing both a decrease of 0.1% year-over-year and 0.8% from last month.
Read the full report on RAE website!
The following data is a comparison between February 2023 and February 2022 numbers, and is current as of March 2023. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – February 2023 RAE, Edmonton Report
INFOGRAPHICS: January 2023 RAE Edmonton Market Reports
YEG Housing Market Sees Stable Transition Into New Year
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for January 2023 decreased 25.8% compared to January 2022 and saw a small decrease of only 0.2% from December 2022. New residential listings were up 8.5% year-over-year from January 2022, while also noting an increase of 94.8% from December 2022. Overall inventory in the GEA was up 13.2% from January of last year, and up 5.3% from the previous month.
For January, detached unit sales were down 32.1% from January 2022, but saw a small increase of 1.4% from December 2022 at 583. Semi-detached unit sales were down 35.9% year-over-year but increased by 2.0% from December 2022. Row/Townhouse unit sales also decreased 5.7% year-over-year and increased 10.4% month-over-month. Apartment Condominium unit sales saw no changes from January 2022 but decreased 12.9% from the previous month.
All residential average prices hit $370,068, a 6.2% decrease from January 2022, and 1.4% decrease from December 2022. Detached homes averaged $451,659, a 2.1% year-over-year decrease and a 4.2% decrease from December 2022. Semi-detached sold for an average of $355,086, resulting in a 5.2% decrease year-over-year, with prices down 0.9% compared to December 2022. Row/townhouse prices increased both 1.2% from January 2022 and 4.4% month-over-month, selling at $247,761. Apartment Condominium average prices hit $189,631, with a 5.5% increase from the previous month and a 2.3% drop year-over-year.
Read the full report on RAE website!
The following data is a comparison between January 2023 and December January 2022 numbers, and is current as of February 2023. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – January 2023 RAE, Edmonton Report
INFOGRAPHICS: December 2022 RAE Edmonton Market Reports
Residential Unit Sales and Listings Continue to Cool for December
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for December 2022 decreased 26.1% compared to December 2021 and decreased 22.1% from November 2022.
New residential listings were down 12.9% year-over-year from December 2021. New residential listings were also down month-over-month, decreasing 38.8% from November 2022. Overall inventory in the GEA was up 6.1% from December of last year but decreased 21.8% from November 2022.
For December, single-family home unit sales are down both 31.9% from December 2021 and 24.2% from November 2022 at 537. Condo unit sales were down 2.8% year-over-year and decreased 15.5% from November 2022. Duplex/rowhouse unit sales also decreased 41.9% year-over-year and 33.6% month-over-month.
Read the full report on RAE website!
The following data is a comparison between December 2022 and December 2021 numbers, and is current as of January 2023. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – December 2022 RAE, Edmonton Report
INFOGRAPHICS: November 2022 RAE Edmonton Market Reports
November Sees Substantial Changes in Edmonton Real Estate
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November decreased by 14.8% compared to October 2022 and saw a year-over-year decrease of 31.2% from November 2021.
New residential listings decreased 22.4% month-over-month from October 2022, with a marginal decrease of 4.3% from November of last year.
Single-family home unit sales were down both 36.2% from November 2021 and 18.5% from October 2022 at 708. Condo unit sales saw a decrease of 11.0% from November 2021 and were down 5.6% from October 2022. Duplex/rowhouse unit sales were down both 42.3% year- over-year and 14.1% from last month.
Read the full report on RAE website!
The following data is a comparison between November 2022 and November 2021 numbers, and is current as of December 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – November 2022 RAE, Edmonton Report
INFOGRAPHICS: October 2022 RAE Edmonton Market Reports
Residential Listings See Large Decrease for October
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October decreased 6.7% compared to September 2022 and saw a year-over-year decrease of 21% from October 2021.
New residential listings decreased 13% month-over-month from September 2022 and saw a small increase of 0.8% from October of last year.
Single-family home unit sales were down both 22.59% from October 2021 and 2.8% from September 2022 at 869. Condo unit sales saw a decrease of 14.7% from October 2021 and were down 13.9% from September 2022. Duplex/rowhouse unit sales were down both 27% year-over-year and 12.4% from last month.
Read the full report on RAE website!
The following data is a comparison between October 2022 and October 2021 numbers, and is current as of November 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – October 2022 RAE, Edmonton Report
INFOGRAPHICS: September 2022 RAE Edmonton Market Reports
September Sales Down as Market Levels Out
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for September decreased 12.2% compared to August 2022 and saw a year- over-year decrease of 15.7% from September 2021.
New residential listings increased 1.7% month-over-month from August 2022 and saw a small increase of 3.7% from September of last year.
Single-family home unit sales were down both 21.9% from September 2021 and 13.5% from August 2022 at 894. Condo unit sales saw a decrease of 1.5% from September 2021 and were down 13.2% from August 2022. Duplex/rowhouse unit sales were down both 7.2% year-over- year and 4.9% from last month.
Read the full report on RAE website!
The following data is a comparison between September 2022 and September 2021 numbers, and is current as of October 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – September 2022 RAE, Edmonton Report
INFOGRAPHICS: August 2022 RAE Edmonton Market Reports
Residential Listings and Sales Cool Off for August
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 8.3% compared to July 2022 and saw a year-over-year decrease of 12.0% from August 2021.
New residential listings decreased 10.5% month-over-month from July 2022 but saw a small increase of 0.9% from August of last year.
Single-family home unit sales were down both 17.0% from August 2021 and 10.8% from July 2022 at 1,034. Condo unit sales saw an increase of 5.8% from August 2021 but were down 1.5% from July 2022. Duplex/rowhouse unit sales were down both 22.7% year-over-year and 15.0% from last month.
Read the full report on RAE website!
The following data is a comparison between August 2022 and August 2021 numbers, and is current as of September 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – August 2022 RAE, Edmonton Report
INFOGRAPHICS: July 2022 RAE Edmonton Market Reports
July sees first large decrease in Edmonton real estate market
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 23.8% compared to June 2022 and saw a year-over-year decrease of 10.3% from July 2021.
New residential listings decreased 14.8% month-over-month from June 2022 but saw an increase of 6.2% from July of last year.
Single-family home unit sales were down both 12.4% from July 2021 and 24.4% from June 2022 at 1,159. Condo unit sales also decreased 1.6% from July 2021 and 22.1% from June 2022. Duplex/rowhouse unit sales were down both 12.7% year-over-year and 21.3% from last month.
Read the full report on RAE website!
The following data is a comparison between July 2022 and July 2021 numbers, and is current as of August 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Download Printable Version – July 2022 RAE, Edmonton Report
