The Edmonton real estate market remained active this past week, with steady sales and a healthy sales-to-listing ratio that reflects continued buyer interest, especially in well-priced, move-in-ready homes. While new listings saw a small dip, sales remained strong, showing that buyers are still motivated despite the mid-summer season. Inventory levels are gradually increasing, offering more choice to those still house hunting.
Here’s the market snapshot for the week:
• New Listings: 698 (prior week: 748)
• Sales: 478 (509)
• Sales-to-Listings Ratio: ~68% (steady from 68%)
• Price Changes: 406 (411)
• Expired/Off-Market Listings: 263 (264)
• Net Listing Change: −43 (−25)
• Active Listings:
o Single-family homes: 2,962 (2,944)
o Condos: 1,915 (1,880)
• 4 Week Average Prices:
o Homes: $548,000 (was $546,000)
o Condos: $248,000 (unchanged)
If you’re curious about what this means for your home or neighbourhood—or want to know if it’s a good time to make a move—I’m happy to help with a tailored update.
Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas
📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca