Edmonton Real Estate Statistics – May 2024

The Edmonton real estate statistics showcased impressive growth in April 2024, with significant increases in both sales numbers and average prices. Let’s dive into the specifics contributing to this upward trend.

Below Graphs Are Interactive.

Edmonton New MLS® Listings

The Edmonton market saw 3.23k new listings come to market in May an increase of 9.57% over same time last year.

Average List Price Edmonton Real Estate Market

The average asking price for new listings in May 2024 was 3.23K. YTD for 2024, the average asking price was 12.5K.

Home Sales In The Edmonton Real Estate Market

In May 2024, there were 2.21K sold properties in Edmonton, marking a significant 20.36% increase from May 2023. Year-to-date (YTD) for 2024, there have been 8.71K sold properties, showing a substantial 41.30% increase compared to the same period in 2023.

Edmonton Average Home Sale Price 

The average sale price in May 2024 was $418K, which is a notable 6.46% increase from May 2023. YTD for 2024, the average sale price was $401K, reflecting a 7.52% increase from the same period in 2023.

Edmonton Real Estate Market -Average Days 

The average number of days on the market until sale in May 2024 was 44.00, showing a decrease of 36.23% from the previous period.

The Edmonton real estate market in May 2024 continued to show strength, with increases in both sold properties and average sale price compared to the same period last year. The decrease in days on the market indicates a robust demand for properties in the area.

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