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.
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.
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.
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.
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.
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.
June sees continued cooling of housing market in Edmonton
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 9.2% compared to May 2022 and saw a year-over-year decrease of 4.6% from June 2021.
New residential listings decreased 8.3% month-over-month from May 2022, but there was an increase of 4.1% from June of last year.
For June, single-family home unit sales were down 8.2% from June 2021, and decreased 11.6% from May 2022 at 1,534. Condo unit sales increased 1.8% from June 2021 but were down 4.3% from May 2022. Duplex/rowhouse unit sales were down both 4.7% year-over-year and 11.6% from last month.
Read the full report on RAE website!
The following data is a comparison between June 2022 and June 2021 numbers, and is current as of July 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Housing Market Sees Cooling in the Month of May”
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 1.6% compared to April 2022, yet saw a year-over-year increase of 4.4% from May 2021.
New residential listings increased 2.1% month-over-month from April 2022 and 13.1% from May of last year.
For May, single-family home unit sales were down 3.4% from May 2021, but increased 1.9% from April 2022 at 1,736. Condo unit sales increased 28.6% from May 2021 but were down 9% from April 2022. Duplex/rowhouse unit sales were up 5.8% year-over-year yet decreased 1.4% month-over-month.
Read the full report on RAE website!
The following data is a comparison between May 2022 and May 2021 numbers, and is current as of June 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
Residential Inventory Still Strong in April
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2022 decreased 10.9% compared to March 2022 and increased 2.0% from April 2021.
New residential listings increased both 8.8% year-over-year and 11.9% month-over-month from March 2022.
For April, single-family home unit sales were down both 6.3% from April 2021 and 11.3% from March 2022 at 1,704. Condo unit sales increased 26.6% from April 2021 but were down 7.2% from March 2022. Duplex/rowhouse unit sales were up 2.0% year-over-year yet decreased 20.6% month-over- month.
Single-family homes averaged $510,988, an 11.4% year-over-year increase and a month-over- month increase of 1.4%. Condominiums sold for an average of $237,249, seeing an increase of 3.7% year-over-year as well as an 3.2% decrease compared to March 2022. Duplex prices increased 17.8% from April 2021, selling at $409,428, resulting in a 5.2% increase from March 2022.
Read the full report on RAE website!
The following data is a comparison between April 2022 and April 2021 numbers, and is current as of May 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.
March sees large number of listings hit the market
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for March 2022 increased 45.4% compared to February 2022 and increased 34.7% from March 2021. New residential listings increased both 7.6% year-over-year and 47.7% month-over-month from February 2022.
For March, single-family home unit sales are up 21.2% from March 2021 and up 37.7% from February 2022 at 1,920. Condo unit sales increased 67.1% from March 2021 and were up 62.9% from February 2022. Duplex/rowhouse unit sales were up 54.2% year-over-year and increased 45.1% month-over-month.
Single-family homes averaged $503,711, a 9.9% year-over-year increase and a month-over-month increase of 2.0%. Condominiums sold for an average of $245,070, seeing an increase of 6.7% year-over-year as well as an 8.4% increase compared to February 2022. Duplex prices increased 11.8% from March 2021, selling at $389,321, a 3.8% increase from February 2022.
Read the full report on RAE website!
The following data is a comparison between March 2022 and March 2021 numbers, and is current as of March 2022. For last month’s numbers, check out our previous RAE infographic!
You can also click here to view all our Edmonton infographics.