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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Every January, millions of people set New Year’s resolutions—but by February, most have already abandoned them. Studies show that only 10% of people stick to their resolutions past January.

So, why do resolutions fail? Simple. They are often:
❌ Too vague
❌ Lack a clear action plan
❌ Don’t include measurable progress

🎯 The Power of Goal-Setting & Kaizen
Instead of setting broad resolutions, focus on SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound). A proven strategy to achieve success is the Kaizen method—a Japanese business philosophy that focuses on small, continuous improvements over time.

🔥 Here’s How to Crush Your 2025 Goals:
✅ Set clear, realistic goals with a defined plan
✅ Break it down into small, daily actions
✅ Track progress and celebrate small wins
✅ Stay accountable by sharing your goals with someone

💡 Whether you’re looking to improve your finances, fitness, or personal growth, applying this mindset will help you stay consistent and make 2025 your most successful year yet!

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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 showing strong momentum in early 2025, making it a great time for homeowners considering selling. Here’s what you need to know about the latest trends:

January Market Highlights

📈 Home Sales Up 12.1% Month Over Month – The new year started strong with a surge in buyer activity.

🏡 Detached Home Prices Average $561,000 – That’s a 16.2% increase year-over-year, indicating strong home values.

🔄 More Listings, But Inventory Remains Tight – While new listings are increasing, overall inventory is still lower than demand, creating a competitive market for buyers.

Why Now is a Smart Time to Sell

With limited inventory and rising home values, sellers have an opportunity to maximize their returns. Buyers are motivated, and expert marketing strategies can help your home stand out in this active market.

Next Steps

If you’ve been thinking about selling, now is the time to take advantage of market conditions. Let’s discuss your home’s value and how we can position it for success.

📞 Call or message me today to get started!

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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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Owning a home has always been a cornerstone of the Canadian Dream. A recent survey showed nearly 80% of Canadians still believe homeownership is critical to achieving that dream. Despite challenges in recent years, the tide is turning as we enter 2025.

Here’s what you need to know:

1️⃣ Lower Mortgage Rates Are Coming: Industry experts predict that interest rates will ease, making financing more accessible.

2️⃣ Increased Inventory: More homes are expected to hit the market, giving buyers more options.

3️⃣ Intensified Competition: With improved conditions, more buyers will enter the market.

Why Work with a Professional?

Navigating this competitive market requires expert guidance. A skilled real estate agent can help you:

• Identify opportunities in a crowded market

• Negotiate the best deal and terms

• Set you up for long-term success

Ready to take the next step toward your dream home? Contact us today to get started. Let’s make 2025 your year!

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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!