Courtesy of John Braconnier

Edmonton home buyers’ options plentiful as new inventory hits the market

$218,052 apt./ condo UP 12.2% year-to-year

$574,872 detached UP 11.2% year-to-year

AVERAGE SALE PRICES

$314,791 row/ townhouse UP 11.3% year-to-year

3,780 NEW LISTINGS 2,494 SOLD LISTINGS

detached 2,182 720 detached 1,434 418 apt./ condo apt./ condo

66.0% SALES TO NEW LISTING RATIO

30 DAYS ON MARKET

1.9 MONTHS OF INVENTORY

4,848 ACTIVE LISTINGS

Edmonton, April 2, 2025: There were 2,494 residential unit sales in the Greater Edmonton Area (GEA) real estate market during March 2025. New residential listings totaled 3,780. The total residential average price came in at $460,685, increasing 2.5% from the previous month and reflecting an overall growth of 9.3% compared to March 2024. Detached home prices averaged $574,872, representing a 1.2% increase from February 2025 and 11.2% higher than the previous year. Apartment Condominium average prices rose 1.4% from the previous month to $218,052 and ended the month 12.2% higher than the same month one year ago.

“The marked increase in sales and new listings means the busy season has arrived, and with prices on the rise, it’s a great time to be on the seller’s side,” says REALTORS ® Association of Edmonton 2025 Board Chair Darlene Reid. “For buyers, the higher level of inventory available means a better chance of finding your dream home, but with overall inventory still lower than last year, multiple-offer situations are also becoming increasingly common.” Overall, all residential listings averaged 30 days on market. Statistics reflect market activity in March 2025 | Source: REALTORS ® Association of Edmonton | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

SHOPPING FOR COOKWARE

Choosing a cookware set can get overwhelming with all of the different options available on the market. Many experts will say to accumulate a mixture of cookware pieces over time, but if you’re looking to start with a set, here are some points to consider. • Most sets include 7 pieces - a stock pot, a saucepan, a large skillet, a sauté pan and lids. Aim to purchase a set that will be able to handle your average meal and add pieces as necessary. • Look for pieces that can easily go from stovetop to oven. Ideally find cookware than can withstand higher heats as they’ll be more versatile. • Consider the weight of the pots and pans as when they’re full of food, they will be heavier and if you have mobility issues, that might be a determining factor. • There are numerous finishes available and they all have pros and cons. Stainless steel and nonstick cookware tend to be the most common and should be sufficient for basic cooking functions.

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