“Compared to 2017, listings and inventory are increasing, which means there is plenty for buyers to choose from this year,” says REALTOR®S®® Association of Edmonton Chair Darcy Torhjelm. “As we close out the year, average prices are decreasing slightly, likely due to the slower winter sales season and higher inventory levels, so sellers will need to be patient and flexible when it comes time to negotiate.”

Average days on market increased for most categories, indicating it continues to be a buyers’ market for the Edmonton CMA.

More Edmonton & Area Market Statistics