Strong demand and fewer new listings signal a competitive yet stable market. See this week’s key trends and what they mean for buyers and sellers.

The Greater Edmonton housing market continues to show interesting trends! Here’s what happened this week:

New Listings: 706 homes were listed, down 6% from last week.
Fewer new listings means more competition among buyers.
Unit Sales: 444 homes sold,
up 13%! Strong demand is evident across all residential property types.
Average Price: $456K, nearly unchanged (-1%), reflecting stable market conditions. Median Price: $435K, also slightly down (-1%), keeping affordability relatively steady.

With unit sales rising and new listings slightly down, this week’s data suggests a competitive but balanced market. If you’ve been thinking about buying or selling, now is a great time to plan your next move strategically.

Inspired by insights from the Realtors Association of Edmonton.