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John Braconnier Maya Norton

Residential Unit Sales & Listings Cools for December

AVG. SALE PRICE Single Family Dwelling $462,110

AVG. SALE PRICE Condo $217,065

ACTIVE LISTINGS 4495

DAYS ON MARKET 52

Edmonton, January 5, 2022- Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for December 2021 increased 19.5% compared to December 2020 and decreased 27.6% from November 2021. New residential listings increased 10.2% year-over-year from December 2020. However, new residential listings are down month-over-month, decreasing 33.8% from November 2021. Overall inventory in the GEA was down 14.1% from December of last year and decreased 22.6% from November 2021. “2021 was an incredible year for the Edmonton real estate market, including a record-breaking month in November,” says REALTORS® Association of Edmonton Chair Tom Shearer. “While we saw some substantial changes in the month-to month activity, the year-over-year stats for residential unit sales and listings in the GEA were significantly higher than December of last year.” 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.

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780.966.2360 | john@professionalgroup.ca | johnleebraconnier.com 780.489.2969

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