August 2024
Edmonton Market Report
"The hot summer season is at an end as we can see clealy from month over month numbers, but the yearly comparison is telling a different story."
"This year's home prices have increased in double-digit percentages for most residential categories and the market is definitely more active as the number of sales continues to be stronger as well."
There were a total of 2,591 residential unit sales in the Greater Edmonton Area (GEA) real estate market during August 2024, an 11.8% decrease from July 2024, but still 15.8% higher than August 2023. Detached homes averaged 35 days on the market, an increase of three days from July 2024.
greater edmonton area
All Residential
Avg Selling Price
435k
Semi-detached
Avg Selling Price
415k
Apartment Condominium
Avg Selling Price
204k
Detached Homes
Avg Selling Price
546k
Row/Townhouse
Avg Selling Price
291k
Current Inventory
5798
Client Compliments
“Abi is the best realtor you can get in Edmonton. Very professional and responsive.”
She would discuss with her clients every detail throughout the buy/sell process. She knows the housing market very well, and provided great insight. I am really satisfied with her performance .
— Eddy T
“She immediately understood what we needed and very quickly found a house we liked.”
Always and in a short time answers calls and messages, quickly solves all problems. Very friendly and helpful. We really enjoyed working with Abi.
— Anna K
“It is very easy to work with such a professional. I definitely recommend this realtor”
Abi helped us sell our property and then buy a new house. We are very pleased with the result. This is the case when a realtor answers any questions 24 hours a day.
— Iryna
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