Sell a Property
Sell a Property
Call us: 1-877-297-1188

Edmonton’s Real Estate Market Shows Promising Start in 2024

The Greater Edmonton Area (GEA) has witnessed a robust beginning to 2024, with substantial increases in residential sales and average prices. This promising start is indicative of a resilient market that ComFree Realty believes is worth noting for both current and prospective homeowners.

Market Trends and Analysis

Rising Sales and Prices

January saw a remarkable year-over-year surge in sales and prices across various property types, including detached homes and apartment condominiums, signaling a strong buyer’s interest and a potentially advantageous time for sellers.

Inventory Watch

As we approach the spring market, inventory levels will be pivotal. The current balance suggests a healthy demand, aligning with buyer needs and seller opportunities.

Property Time on Market

While days on the market have slightly increased, it remains in a favorable range, underscoring a market that’s active yet provides enough time for decision-making.

Looking Ahead

With a steady start to the year and anticipation of the spring market, ComFree Realty encourages sellers to consider listing to meet the evident demand. Buyers should stay informed on market trends to navigate the competitive landscape effectively.

For more details on Edmonton’s real estate market, subscribe to our weekly newsletter!

Courtesy of Whatever Else Marketing

Sell Your Home Commission Free.

ComFree is proudly serving the BC, Alberta and Ontario markets.
We will help you sell your home, commission free.
All the trademarks are the property of their respective owners.
© 2024 ComFree Realty Inc. All rights reserved.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.

Legacy Mortgage Group is partnered with ComFree to offer free in-depth mortgage Pre-Qualifications to give you the confidence to shop for your next home purchase.
Please fill in the form, and we will be in touch ASAP.
Legacy Intake Form
X
crossmenuchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram