The Edmonton real estate market is seeing significant activity as we move into the fall. Residential sales rose 10.5% month-over-month, with an astonishing 38.5% increase from October 2023. Whether you’re a buyer, seller, or investor, there’s plenty to consider in this dynamic market.
For Sellers:
Low inventory means you have a real advantage. Detached homes are averaging $552,954, up 13.6% from last year. Row/townhouses also saw a strong 4.9% price increase compared to last month. Now is the perfect time to list your property and maximize its value.
For Buyers:
The recent interest rate cuts are making homeownership more affordable, but competition is heating up. If you’re looking to buy, you’ll need a strong strategy to secure your dream home.
If you’re considering buying, selling, or investing, let’s connect to make the most of this opportunity. As always, I’m never too busy for your referrals!
