Edmonton Real Estate Market Update - July 2018

We've had a super interesting market this year and I don't think it will be going back to normal any time soon.

The numbers released by the REALTORS® Association of Edmonton show how interesting this summer has been. Take a look at this infographic for more information:

July infographic

Overall the market is still, on average, in a buyer's market. However, like I said in the video update, there have been a lot of pockets in different neighbourhoods where multiple offers are occurring.

Condos are still somewhat struggling but they did have a nice bump in month to month average prices of 3.35%

As the summer market comes to an end we may see some cooling down and have even more listings drop off from the current inventory. It will be interesting to see how Q3 and Q4 turn out.

have questions or are wondering how this affects you? shoot me a text or give me a call at (780) 994-9737 or: