Courtesy of Susan Sieg

Change in recent inventory trend signals a busy market ahead

$218,330 apt./ condo UP 8.5% year-to-year

$585,707 detached UP 10.4% year-to-year

AVERAGE SALE PRICES

$314,703 row/ townhouse

4,012 NEW LISTINGS 2,710 SOLD LISTINGS

detached 2,342 729 detached 1,576 435 apt./ condo apt./ condo

UP 6.7% year-to-year

67.5% SALES TO NEW LISTING RATIO

30 DAYS ON MARKET

2.0 MONTHS OF INVENTORY

5,436 ACTIVE LISTINGS

Edmonton, May 2, 2025: There were 2,710 residential unit sales in the Greater Edmonton Area (GEA) real estate market during April 2025. The total residential average price came in at $470,447, increasing 2.1% from the previous month and reflecting an overall growth of 9.0% compared to April 2024. “Our spring market has unmistakably declared its arrival with the influx of new listings and rising inventory. April marked the first time in a while that our current inventory has been on par with or higher than last year’s levels,” says REALTORS ® Association of Edmonton 2025 Board Chair Darlene Reid.

“Though, what’s interesting is we’ve seen inventory levels decline in the negative double digits for the better part of the last 12 months, and the dwindling supply has put pressure on home prices. That pressure won’t alleviate unless this upward trend for inventory continues well past the busy season. We can still expect prices to continue to increase in the short term through the warmer months.” Overall, all residential listings averaged 30 days on the market. Statistics reflect market activity in April 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.

The greatest compliment you can give me is the referral of family and friends!

Call: 780.686.0068 susansiegsells@gmail.com ■ www.SusanSieg.com

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2025 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.