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Why Winter 2024 Is a Hot Time to Sell Your Edmonton Detached Home

Why Winter 2024 Is a Hot Time to Sell Your Edmonton Detached Home

Edmonton Detached Homeowners: Winter Might Be Your Best Season to Sell!

As the snow falls, so does the competition in the real estate market. If you’re a homeowner in Edmonton, you might be surprised to learn that winter 2024 is a golden opportunity to sell your detached home. Let’s break down the numbers and trends that are working in your favor:

1️⃣ Detached Home Prices Are Up
The average price for detached homes in Edmonton reached $540,320 in November 2024, marking a 12.8% increase compared to last year. This upward trend highlights strong buyer demand.

2️⃣ Detached Sales Are Thriving
Year-over-year sales are up 23.6%, proving that buyers are still serious, even in the winter months.

3️⃣ Inventory Is Low
With inventory down 12.1% month-over-month, there’s less competition for sellers, making your home stand out more to active buyers.

Why Wait? Get Ahead of the 2025 Spring Market
While the spring market is forecasted to be busy, waiting might mean more competition. Selling now ensures that motivated buyers see your home first.

📞 Ready to take advantage of this market? Reach out today for a personalized consultation and learn what your home is worth!

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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