The Edmonton real estate market is kicking off 2025 with a surge in sales and rising home prices! In January alone, over 1,500 homes were sold, marking a 12% increase from December. As demand continues to rise, homebuyers and sellers alike are experiencing a fast-moving market.
What’s Driving the Market?
1️⃣ Low Inventory, High Demand – There’s a shortage of available homes, especially single-family properties. This is leading to multiple offers and homes selling over asking price.
2️⃣ Price Growth – Detached homes have seen a 4.2% increase in prices month-over-month, while semi-detached homes surged 22% from December!
3️⃣ Competitive Market – Buyers need to act quickly, and sellers can benefit from strategic pricing to maximize their home’s value.
What This Means for You
🏡 Thinking of Selling? Now is a prime time to list! With low inventory and high demand, sellers have a strong advantage.
💰 Buying a Home? Acting fast and having a solid buying strategy can help secure a property before prices rise further.
📞 Want to discuss your next move? Let’s chat! Contact me today to get expert insights into the market.
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