Edmonton Market Snapshot: What Sellers Need to Know

The latest real estate stats are in, and they paint a promising picture for Edmonton homeowners ready to sell. March 2025 saw significant market growth, with residential sales jumping 36.9% compared to February. The addition of 3,780 new listings means more selection for buyers, but inventory is still down 8.1% year-over-year — creating competitive conditions that favour sellers.

Detached homes led the charge, with over 1,400 units sold and an average price of $574,872 — an impressive 11.2% increase from March 2024. Row/townhouses and condos also saw rising sales and prices.

The average home in Edmonton is now selling in just 30 days, shaving a full 10 days off the market time compared to last year.

For homeowners, this is a golden window to list, with strong prices and buyer activity creating ideal selling conditions.

And for buyers and investors? The recent YEG market update shows a rise in new listings providing more opportunities, but with multiple offers becoming increasingly common, working with an expert remains key.

📲 Curious about Edmonton home prices? Thinking of selling your home in Edmonton? Contact me to book a market evaluation.

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As Canadians navigate an evolving economic climate—marked by inflation, interest rate uncertainty, and ongoing trade tensions—many are wondering how these forces will impact the Edmonton housing market.

One key factor now entering the conversation is tariffs. Tariffs on imported goods, particularly construction materials, are driving up costs for homebuilders. This means that the price of new builds is likely to increase, which can have a ripple effect on the entire housing market.

For homeowners, these changes could influence mortgage renewal rates as inflationary pressures might push the Bank of Canada to adjust its key rate. For buyers, acting sooner rather than later might be a wise decision, especially with pre-construction opportunities that allow you to lock in today's prices.

Real estate continues to be a reliable investment—even in uncertain times. Demand for housing in Edmonton and Sherwood Park remains strong, and owning property remains one of the most effective ways to build long-term wealth.

👉 Thinking about buying, selling, or renewing your mortgage? Watch my latest video where I break it all down—and reach out with your questions.

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The real estate market is buzzing, and if you’ve been thinking about selling your home, now is the perfect time! 📈 Home prices have increased 10.5% year over year, and detached homes are selling 2.5 weeks faster than just last month. With the MLS Home Price Index up 12.3%, sellers are seeing record-high returns.

Why Is the Spring Market So Hot?

• High Demand, Low Inventory: Buyers are eager to purchase, and available homes are selling fast.

• Prices Are Climbing: The longer you wait, the more competition you'll face from new listings.

• Interest Rates Matter: Many buyers are locking in mortgages before further rate changes.

What Does This Mean for You?
If you're a homeowner looking to sell, this could be your best chance to maximize your return before inventory increases. Listing now means standing out in the market, attracting more buyers, and potentially selling for top dollar.

Thinking of selling? Let's chat! I’ll provide a free home evaluation and expert strategy to get your home sold quickly and profitably. Don’t wait—spring is the season to make your move!

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The Bank of Canada has reduced its policy rate by 25 basis points to 2.75%, signaling a shift in the real estate landscape. With inflation hovering near the 2% target and economic growth outpacing expectations at 2.6% in Q4 2024, past rate cuts have already boosted consumer spending and housing activity. However, rising trade tensions and new tariffs from the U.S. could slow future growth, impacting both buyer sentiment and business investment. The labour market remains stable, but signs of slowing job creation suggest that economic momentum may wane in the coming months.

For sellers, this rate cut presents an opportunity to capitalize on motivated buyers who are eager to secure financing before further economic uncertainty affects market confidence. With inflation expected to rise to 2.5% by March, waiting too long could mean missing out on today’s demand and favorable conditions.

For buyers and investors, this shift means lower borrowing costs but also potential price adjustments as the market reacts to economic shifts. Strategic decision-making is key.

🏡 Thinking about listing your home? Now is the time to maximize your sale price while demand remains strong! Let’s discuss how today’s announcement impacts your selling strategy. Call me today!

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There were 1,825 residential unit sales in the Greater Edmonton Area (GEA) real estate market during February 2025, a 14.3% monthly increase from January 2025 and a 7.1% decrease from February 2024. New residential listings amounted to 2,723, up 13.2% from January 2025 and down 0.4% from the previous year. Overall inventory in the GEA increased 11.4% month-over-month, though levels remain lower year-over-year, decreasing 13.4% from February 2024.

The total number of Detached units sold was 1,015, an increase of 18.6% over the previous month and 12.3% lower than the previous year. Semi-detached sales increased 7.5% month-over-month and 11.4% higher year-over-year, moving 215 units last month. Row/Townhouse unit sales increased 23.4% compared to January 2025 and recorded 3.9% more sales than February 2024. Apartment Condominium unit sales were down 9.2% from the previous year and 0.3% from the previous month.

Total residential average prices came in at $449,554, increasing 2.6% from the previous month and reflecting an overall growth of 10.5% compared to February 2024. Detached home prices averaged $567,913, an increase of 1.2% from January 2025 and 11.9% higher than the previous year. Semi-detached units sold for an average of $420,786, a decrease of 0.1% from the last month and showing an increase of 8.9% year-over-year. Row/townhouse prices were down 3.5% from January 2025 but measured 9.1% higher than last year, with an average selling price of $300,818. Apartment Condominium average prices rose 7.3% from January 2025 to $217,373 and ended the month 19.9% higher than the previous year.

The MLS® Home Price Index (HPI) composite benchmark price* in the GEA was $428,800, increasing 2.3% from January 2025 and up 12.3% from February 2024.

Detached homes averaged 39 days on the market, a significant 12-day decrease from January 2025. Semi-detached homes decreased by 11 days, with properties averaging 26 days on the market. Row/townhouses decreased nine days to 28, while Apartment Condominiums averaged 48 days on market, reflecting a nine-day decrease as well. Overall, all residential listings averaged 37 days on the market, equating to an 11-day month-over-month decrease and a 13-day decrease compared to February 2024.

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Each year, millions of people set New Year’s resolutions with high hopes of making big changes. But by February, 90% of resolutions fail—why does this happen?

The problem isn’t you—it’s the approach. Traditional resolutions are often too broad, lack structure, and don’t come with a plan. The good news? You can break the cycle and actually achieve your goals this year with a smarter strategy!

Why Resolutions Fail
❌ They’re too vague – "Get in shape" or "Save more money" isn’t specific enough.
❌ No action plan – A goal without a strategy is just a wish.
❌ All-or-nothing thinking – Small setbacks shouldn’t mean giving up entirely.

The Solution: SMART Goals & The Kaizen Method

Instead of setting resolutions, shift to goal-setting techniques that actually work:
✅ Use SMART Goals (Specific, Measurable, Achievable, Relevant, Time-Bound)
✅ Apply the Kaizen Method – Focus on small, consistent improvements over time
✅ Create an action plan – Break goals into bite-sized, achievable steps
✅ Track progress – Celebrate small wins to stay motivated
✅ Stay accountable – Share your goals with someone who can encourage you

This year, set yourself up for real success by changing how you approach your goals. Want to dive deeper? Watch my latest video where I break it all down!

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Goals don’t have to be all serious—why not set a goal to have more fun? Whether it's trying a new cuisine, exploring your community, or picking up a creative hobby, here are 7 ideas to spark more joy in your life! Check them out and let me know which one you’re adding to your list! 👇

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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The Bank of Canada recently lowered its policy rate to 3% and announced the end of quantitative tightening. This major policy shift is shaping the future of real estate in Canada. Here’s what it means for you:

🏠 For Buyers: Lower interest rates make monthly payments more affordable, increasing your ability to purchase your dream home.

🏡 For Sellers: With more buyers entering the market, demand for homes is rising. Now could be the perfect time to list and sell quickly.

📊 For Investors: Reduced financing costs create new opportunities for profitable investments, whether in rental properties or commercial real estate.

The market is shifting, and opportunities like this don’t last forever. Let’s connect to discuss how this rate cut impacts your real estate plans!

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For over a century, homeownership has been a cornerstone of the Canadian Dream. A recent survey shows that nearly 80% of Canadians believe owning a home is critical to achieving that dream. Despite recent challenges, 2025 offers hope for buyers and sellers.

What’s Changing in 2025?

📉 Lower Mortgage Rates: Experts predict interest rates will begin to decline, making homeownership more affordable.

🏡 Increased Inventory: A rise in available homes means more options for buyers and smoother transactions for sellers.

Why You Need a Real Estate Expert in 2025

As market conditions improve, competition is expected to intensify. Working with a knowledgeable real estate agent ensures you’re equipped to navigate this dynamic market. Whether buying or selling, a professional will help you secure the best deal and terms.

Ready to Make Your Move?

Contact me today to discuss your real estate goals for 2025. Together, we can make your Canadian Dream a reality!

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As we welcome 2025, Edmonton’s real estate market presents unique opportunities for buyers and sellers alike. Here's what’s happening:

For Sellers: Detached homes are selling faster and at higher prices year-over-year. With less competition, you’ll face motivated, serious buyers who are ready to make offers. Now is the perfect time to list your property and maximize your return.

For Buyers: Stable home prices and slightly longer days on market give you a window to secure your dream home before 2025 prices climb higher. If you’ve been on the fence about buying, act now to take advantage of favorable conditions.

Whether you’re buying, selling, or just curious about the market, I’m here to guide you every step of the way.

Call me today to discuss your goals for 2025. Let’s make this year a success in real estate!

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The start of a new year often sparks dreams of fresh beginnings, and for many, that includes finding a new home. Whether you're planning to buy or sell a property in 2025, preparation is key to a smooth and successful process. Here's a step-by-step guide to help you navigate your next move.

Thinking of Buying?

• Assess Your Finances: Start by reviewing your income, expenses, and savings. Create a realistic budget that fits your goals.

• Check Your Credit Score: Monitor your credit and address any errors. Paying off debt can also improve your chances of securing a favorable loan.

• Get Preapproved for a Mortgage: Work with a trusted lender to understand your borrowing power and explore programs for first-time buyers or veterans.

Thinking of Selling?

• Declutter and Depersonalize: Simplify your space to help buyers envision themselves in the home.

• Make Necessary Repairs: Fix leaky faucets, repaint walls, and replace worn carpets for added value.

• Deep Clean Your Home: A spotless house makes a strong impression. Professional cleaning can be worth the investment.

Buying or selling a home can be an exciting yet overwhelming process. With the right preparation and professional guidance, you can achieve your real estate dreams in 2025. Ready to get started? Contact me today for personalized advice and support.

📞 Call or message me to discuss your 2025 real estate goals!