Media Release All residential unit sales and prices decrease, inventory up Edmonton, December 4, 2018: In the Edmonton Census Metropolitan Area (CMA), the all residential unit sales decreased 9.78% month over month and decreased 10.56% year over year. Single family home unit sales are down 9.22% compared to October 2018 and down 5.66% relative to November 2017. Condominium unit sales decreased 15.86% month over month and 19.5% year over year. Month over month duplex/rowhouse unit sales increased 14.14%, and decreased 6.61% year over year. Month over month declines are typical in late Fall. New listings and active inventory are down compared to October 2018. Listings decreased 15.38% and inventory decreased 2.00% month over month. When compared to November 2017, both categories were up. New listings increased 9.97% and inventory increased 9.86% year over year. Compared to 2017, listings and inventory are increasing, which means there is plenty for buyers to choose from this year, says REALTORS 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 prices declined in the month of November. The average selling price of a single family home is $421,715, a decrease of 0.97% month over month and a decrease of 4.55% year over year. Condominium average prices also decreased 1.29% month over month and 6.07% year over year. Duplex/rowhouses average prices increased 4.11% compared to October 2018, and decreased 3.36% relative to November 2017. The average days on market for single family homes increased to 66 days, increasing by four days compared to October 2018 and seven days compared to November 2017. Condominiums sold on average in 80 days, eight days longer compared to October 2018 and four days longer relative to November 2017. Average days on market for duplex/rowhouses increased to 71, growing from 66 in October 2018 and 59 days in November 2017. -30- Contact: Darcy Torhjelm, REALTOR, 2018 Chair 780-721-4027 Michael Thompson, M.A., LL.M., President and CEO 780-453-9340 Hilary Darrah, Marketing & Communications Specialist 780-453-9347 Review these statistics and more at www.realtorsofedmonton.com.
MLS System Activity (for all-residential sales in Edmonton CMA 1 ) November 2018 M/M % Change Y/Y % Change SFD 2 average 3 selling price month $421,715-0.97% -4.55% SFD median 4 selling price month $380,000 0.00% -3.55% Condominium average selling price $218,443-1.29% -6.07% Condominium median selling price $210,000 3.96% -5.41% All-residential 5 average selling price $360,763 0.50% -2.65% All-residential median selling price $340,000 1.49% -0.73% # residential listings this month 2,063-15.38% 9.97% # residential sales this month 1,042-9.78% -10.56% # residential inventory at month end 7,741-7.44% 9.86% # Total 6 MLS System sales this month 1,337-13.80% -8.67% $ Value Total residential sales this month 457,078,852-2.76% -4.48% $ Value of total MLS System sales month 520,129,112-7.60% -2.59% $ Value of total MLS System sales - YTD 7,154,930,168 7.78% -4.82% 1 Census Metropolitan Area (Edmonton and municipalities in the four surrounding counties) 2 Single Family Dwelling 3 Average: The total value of sales in a category divided by the number of properties sold 4 Median: The middle figure in an ordered list of all sales prices 5 Residential includes SFD, condos and duplex/row houses 6 Includes residential, rural and commercial sales 3 Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Sales are compared to the month end reports from the prior period and do not reflect late reported sales. The RAE trading area includes communities beyond the CMA (Census Metropolitan Area) and therefore average and median prices may include sold properties outside the CMA. For information on a specific area, contact your local REALTOR. The REALTORS Association of Edmonton (Edmonton Real Estate Board), founded in 1927, is a professional association of real estate Brokers and Associates in the greater Edmonton area. The Association administers the Multiple Listing Service, provides professional education to its members and enforces a strict Code of Ethics and Standards of Business Practice. The Association also advertises property listings and publishes consumer information on the Internet at www.yegishome.ca, www.realtorsofedmonton.com, and www.realtor.ca. REALTORS support charities involving shelter and the homeless through the REALTORS Community Foundation. Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR ) and/or the quality of services they provide (MLS ). Review these statistics and more at www.realtorsofedmonton.com.
5 Year Residential Sales Activity (Edmonton CMA¹) page 1 Single Family Detached 2018 2017 2016 2015 2014 Listings / YTD 1,212 / 18,535 1,052 / 17,057 951 / 16,596 1,047 / 17,706 780 / 15,580 Sales / YTD 650 / 9,191 689 / 9,543 629 / 9,532 730 / 10,069 774 / 11,041 Sales to Listings Ratio / YTD 54% / 50% 65% / 56% 66% / 57% 70% / 57% 99% / 71% Sales Volume 274,114,491 304,414,231 277,076,899 313,738,955 341,381,521 Sales Volume YTD 3,992,123,512 4,189,054,108 4,144,932,642 4,410,740,269 4,776,302,144 Average Sale Price 421,715 441,820 440,504 429,779 441,061 Average Sale Price YTD 434,351 438,966 434,844 438,051 432,597 Median Sale Price 380,000 394,000 395,000 400,000 409,900 Median Sale Price YTD 395,000 400,000 402,000 408,000 402,000 Average Days on Market / YTD 66 / 56 59 / 52 53 / 52 55 / 49 55 / 45 Median Days on Market / YTD 56 / 40 47 / 36 41 / 38 48 / 35 37 / 30 Condominium Listings / YTD 560 / 9,707 633 / 10,260 620 / 9,598 607 / 9,372 454 / 7,899 Sales / YTD 260 / 3,791 323 / 4,029 273 / 4,044 331 / 4,720 342 / 5,361 Sales to Listings Ratio / YTD 46% / 39% 51% / 39% 44% / 42% 55% / 50% 75% / 68% Sales Volume 56,795,154 75,118,527 66,223,593 83,874,341 86,940,776 Sales Volume YTD 899,996,798 1,002,758,125 1,014,520,611 1,193,233,147 1,351,989,511 Average Sale Price 218,443 232,565 242,577 253,397 254,213 Average Sale Price YTD 237,404 248,885 250,871 252,804 252,190 Median Sale Price 210,000 222,000 215,000 235,000 232,500 Median Sale Price YTD 218,000 228,500 232,700 235,000 233,000 Average Days on Market / YTD 80 / 72 76 / 67 77 / 63 61 / 54 54 / 52 Median Days on Market / YTD 72 / 56 66 / 52 57 / 49 52 / 42 46 / 38 Duplex/Rowhouse Listings / YTD 230 / 3,067 151 / 2,772 178 / 2,658 178 / 2,452 114 / 1,766 Sales / YTD 113 / 1,525 121 / 1,658 117 / 1,585 97 / 1,458 90 / 1,364 Sales to Listings Ratio / YTD 49% / 50% 80% / 60% 66% / 60% 54% / 59% 79% / 77% Sales Volume 39,200,757 43,433,431 41,405,002 32,905,770 31,646,841 Sales Volume YTD 521,416,204 578,395,136 550,208,416 515,766,033 470,744,799 Average Sale Price 346,909 358,954 353,889 339,235 351,632 Average Sale Price YTD 341,912 348,851 347,135 353,749 345,121 Median Sale Price 325,000 332,500 335,000 341,000 341,250 Median Sale Price YTD 326,400 332,250 330,000 341,000 331,298 Average Days on Market / YTD 71 / 62 59 / 63 74 / 62 55 / 48 46 / 43 Median Days on Market / YTD 56 / 48 46 / 48 52 / 47 41 / 35 28 / 29 Total Residential² Listings / YTD 2,063 / 32,226 1,876 / 30,853 1,803 / 29,732 1,893 / 30,279 1,394 / 25,991 Sales / YTD 1,042 / 14,794 1,165 / 15,529 1,039 / 15,436 1,188 / 16,567 1,225 / 18,151 Sales to Listings Ratio / YTD 51% / 46% 62% / 50% 58% / 52% 63% / 55% 88% / 70% Sales Volume 375,915,002 431,714,064 388,397,494 436,206,366 464,987,738 Sales Volume YTD 5,474,667,177 5,829,813,886 5,763,298,742 6,175,182,023 6,666,369,852 Average Sale Price 360,763 370,570 373,819 367,177 379,582 Average Sale Price YTD 370,060 375,415 373,367 372,740 367,273 Median Sale Price 340,000 342,500 349,000 350,000 355,000 Median Sale Price YTD 348,000 350,000 352,850 355,000 348,600 Average Days on Market / YTD 71 / 61 66 / 58 62 / 56 58 / 51 54 / 47 Median Days on Market / YTD 60 / 45 53 / 42 47 / 42 48 / 37 39 / 32 ¹ Edmonton CMA (Census Metropolitan Area) includes the City of Edmonton and the Counties of Leduc, Parkland, Strathcona, and Sturgeon and the municipalities therein. ² Total Residential includes residential properties not included in other categories such as vacant lots, parking spaces, mobile homes etc.
5 Year Rural Sales Activity (Edmonton CMA¹) page 2 Acreage with Home 2018 2017 2016 2015 2014 Listings / YTD 93 / 2,112 111 / 2,003 82 / 1,898 123 / 2,132 75 / 2,067 Sales / YTD 61 / 768 40 / 815 44 / 820 71 / 905 44 / 984 Sales to Listings Ratio / YTD 66% / 36% 36% / 41% 54% / 43% 58% / 42% 59% / 48% Sales Volume 35,834,036 18,936,400 29,137,160 42,178,500 25,502,800 Sales Volume YTD 450,241,855 484,977,542 474,672,071 543,979,185 570,176,485 Average Sale Price 587,443 473,410 662,208 594,063 579,609 Average Sale Price YTD 586,252 595,064 578,868 601,082 579,448 Median Sale Price 545,000 470,000 550,000 550,000 547,500 Median Sale Price YTD 535,000 560,000 545,000 550,000 540,000 Average Days on Market / YTD 99 / 81 94 / 83 94 / 78 78 / 74 87 / 73 Median Days on Market / YTD 73 / 56 75 / 56 81 / 55 49 / 52 66 / 48 Vacant Acreage and Recreational Listings / YTD 55 / 611 42 / 570 54 / 623 36 / 663 47 / 862 Sales / YTD 9 / 194 14 / 204 20 / 199 18 / 195 19 / 242 Sales to Listings Ratio / YTD 16% / 32% 33% / 36% 37% / 32% 50% / 29% 40% / 28% Sales Volume 2,468,000 4,068,000 5,121,500 4,579,000 4,087,650 Sales Volume YTD 58,110,686 54,740,780 51,032,538 65,125,027 61,182,196 Average Sale Price 274,222 290,571 256,075 254,389 215,139 Average Sale Price YTD 299,540 268,337 256,445 333,974 252,819 Median Sale Price 220,000 232,500 277,500 257,500 210,000 Median Sale Price YTD 241,500 210,000 195,000 245,000 208,500 Average Days on Market / YTD 231 / 185 227 / 155 225 / 165 213 / 155 186 / 170 Median Days on Market / YTD 75 / 111 111 / 103 179 / 109 147 / 89 172 / 99 Recreational with Home Listings / YTD 3 / 26 2 / 26 1 / 34 6 / 45 1 / 35 Sales / YTD 0 / 12 2 / 12 0 / 11 0 / 17 0 / 16 Sales to Listings Ratio / YTD 0% / 46% 100% / 46% 0% / 32% 0% / 38% 0% / 46% Sales Volume 0 1,295,000 0 0 0 Sales Volume YTD 4,432,049 4,971,900 5,336,000 6,571,050 6,226,100 Average Sale Price 0 647,500 0 0 0 Average Sale Price YTD 369,337 414,325 485,091 386,532 389,131 Median Sale Price 0 647,500 0 0 0 Median Sale Price YTD 317,500 381,500 519,000 349,900 422,000 Average Days on Market / YTD 0 / 100 85 / 85 0 / 108 0 / 117 0 / 76 Median Days on Market / YTD 0 / 100 85 / 65 0 / 94 0 / 56 0 / 59 Total Rural² Listings / YTD 151 / 2,749 155 / 2,599 137 / 2,555 165 / 2,840 123 / 2,964 Sales / YTD 70 / 974 56 / 1,031 64 / 1,030 89 / 1,117 63 / 1,242 Sales to Listings Ratio / YTD 46% / 35% 36% / 40% 47% / 40% 54% / 39% 51% / 42% Sales Volume 38,302,036 24,299,400 34,258,660 46,757,500 29,590,450 Sales Volume YTD 512,784,590 544,690,222 531,040,609 615,675,262 637,584,781 Average Sale Price 547,172 433,918 535,292 525,365 469,690 Average Sale Price YTD 526,473 528,313 515,573 551,186 513,353 Median Sale Price 509,000 402,500 475,000 502,500 457,000 Median Sale Price YTD 478,250 499,000 493,500 520,000 490,000 Average Days on Market / YTD 116 / 102 127 / 97 135 / 95 106 / 89 117 / 92 Median Days on Market / YTD 73 / 65 83 / 59 97 / 62 57 / 56 84 / 56 ¹ Edmonton CMA (Census Metropolitan Area) includes the City of Edmonton and the Counties of Leduc, Parkland, Strathcona, and Sturgeon and the municipalities therein. ² Rural Sales do not include farms. A farm is a property zoned agricultural that is either revenue producing or 40 or more acres in size.
5 Year Commercial Sales Activity (Edmonton CMA¹) (PART 1) page 3a Land 2018 2017 2016 2015 2014 Listings / YTD 7 / 150 13 / 151 8 / 112 6 / 150 16 / 132 Sales / YTD 1 / 27 2 / 19 3 / 27 2 / 17 2 / 22 Sales to Listings Ratio / YTD 14% / 18% 15% / 13% 38% / 24% 33% / 11% 13% / 17% Sales Volume 2,300,000 1,965,000 2,877,610 612,000 790,000 Sales Volume YTD 24,156,076 21,507,700 29,841,360 11,909,500 29,198,100 Average Sale Price 2,300,000 982,500 959,203 306,000 395,000 Average Sale Price YTD 894,669 1,131,984 1,105,236 700,559 1,327,186 Median Sale Price 2,300,000 982,500 355,000 306,000 395,000 Median Sale Price YTD 690,000 850,000 735,000 420,000 490,000 Average Days on Market / YTD 115 / 233 122 / 182 311 / 216 84 / 204 81 / 205 Median Days on Market / YTD 115 / 135 122 / 110 307 / 174 84 / 131 81 / 127 Investment Listings / YTD 28 / 301 44 / 241 17 / 255 21 / 231 36 / 265 Sales / YTD 7 / 90 4 / 75 6 / 79 4 / 65 5 / 81 Sales to Listings Ratio / YTD 25% / 30% 9% / 31% 35% / 31% 19% / 28% 14% / 31% Sales Volume 4,904,730 1,328,000 2,845,460 1,817,000 5,587,700 Sales Volume YTD 73,404,550 46,435,015 56,322,413 40,345,854 65,169,298 Average Sale Price 700,676 332,000 474,243 454,250 1,117,540 Average Sale Price YTD 815,606 619,134 712,942 620,705 804,559 Median Sale Price 360,000 322,500 437,500 443,500 752,500 Median Sale Price YTD 475,000 450,000 411,875 417,000 447,000 Average Days on Market / YTD 99 / 172 187 / 175 149 / 155 189 / 151 176 / 142 Median Days on Market / YTD 64 / 130 208 / 149 133 / 121 199 / 119 191 / 87 Multi Family Listings / YTD 4 / 67 4 / 49 6 / 52 4 / 54 6 / 63 Sales / YTD 0 / 17 3 / 18 0 / 18 1 / 19 3 / 30 Sales to Listings Ratio / YTD 0% / 25% 75% / 37% 0% / 35% 25% / 35% 50% / 48% Sales Volume 0 2,753,300 0 1,697,000 5,080,000 Sales Volume YTD 17,321,100 23,682,300 24,007,998 26,426,000 41,812,300 Average Sale Price 0 917,767 0 1,697,000 1,693,333 Average Sale Price YTD 1,018,888 1,315,683 1,333,778 1,390,842 1,393,743 Median Sale Price 0 703,300 0 1,697,000 1,600,000 Median Sale Price YTD 808,000 1,080,000 1,030,000 1,250,000 1,290,500 Average Days on Market / YTD 0 / 101 127 / 98 0 / 179 273 / 152 102 / 109 Median Days on Market / YTD 0 / 98 106 / 88 0 / 90 273 / 99 81 / 82 Hotel/Motel Listings / YTD 0 / 5 0 / 4 0 / 2 0 / 4 0 / 6 Sales / YTD 0 / 2 0 / 0 0 / 0 1 / 1 0 / 0 Sales to Listings Ratio / YTD 0% / 40% 0% / 0% 0% / 0% 0% / 25% 0% / 0% Sales Volume 0 0 0 700,000 0 Sales Volume YTD 9,350,000 0 0 700,000 0 Average Sale Price 0 0 0 700,000 0 Average Sale Price YTD 4,675,000 0 0 700,000 0 Median Sale Price 0 0 0 700,000 0 Median Sale Price YTD 4,675,000 0 0 700,000 0 Average Days on Market / YTD 0 / 104 0 / 0 0 / 0 127 / 127 0 / 0 Median Days on Market / YTD 0 / 104 0 / 0 0 / 0 127 / 127 0 / 0 ¹ Edmonton CMA (Census Metropolitan Area) includes the City of Edmonton and the Counties of Leduc, Parkland, Strathcona, and Sturgeon and the municipalities therein.
5 Year Commercial Sales Activity (Edmonton CMA¹) (PART 2) page 3b Business 2018 2017 2016 2015 2014 Listings / YTD 15 / 233 22 / 224 19 / 184 10 / 233 19 / 280 Sales / YTD 0 / 40 1 / 44 4 / 40 3 / 35 6 / 44 Sales to Listings Ratio / YTD 0% / 17% 5% / 20% 21% / 22% 30% / 15% 32% / 16% Sales Volume 0 387,500 337,000 162,484 2,098,000 Sales Volume YTD 8,178,800 7,346,889 8,755,388 7,323,484 11,572,149 Average Sale Price 0 387,500 84,250 54,161 349,667 Average Sale Price YTD 204,470 166,975 218,885 209,242 263,003 Median Sale Price 0 387,500 75,000 52,484 207,500 Median Sale Price YTD 111,000 112,750 135,000 86,000 109,825 Average Days on Market / YTD 0 / 145 214 / 138 147 / 152 97 / 131 130 / 163 Median Days on Market / YTD 0 / 136 214 / 110 119 / 115 118 / 106 116 / 113 Lease Listings / YTD 22 / 243 14 / 219 19 / 239 15 / 194 14 / 185 Sales / YTD 6 / 82 7 / 72 7 / 72 5 / 62 8 / 62 Sales to Listings Ratio / YTD 27% / 34% 50% / 33% 37% / 30% 33% / 32% 57% / 34% Sales Volume 931,861 686,649 671,390 289,687 2,099,675 Sales Volume YTD 9,963,548 8,280,401 9,233,905 7,635,013 10,001,277 Average Sale Price 155,310 98,093 95,913 57,937 262,459 Average Sale Price YTD 121,507 115,006 128,249 123,145 161,311 Median Sale Price 157,860 102,000 72,500 37,200 257,250 Median Sale Price YTD 90,360 71,000 69,900 72,292 102,466 Average Days on Market / YTD 100 / 149 288 / 202 243 / 144 119 / 143 118 / 130 Median Days on Market / YTD 106 / 107 178 / 144 189 / 97 96 / 74 96 / 97 Farms Listings / YTD 0 / 0 0 / 0 0 / 0 0 / 122 7 / 221 Sales / YTD 0 / 0 0 / 2 0 / 6 4 / 47 4 / 109 Sales to Listings Ratio / YTD 0% / 0% 0% / 0% 0% / 0% 0% / 39% 57% / 49% Sales Volume 0 0 0 3,913,000 1,679,000 Sales Volume YTD 0 2,000,000 1,975,000 37,943,400 62,289,174 Average Sale Price 0 0 0 978,250 419,750 Average Sale Price YTD 0 1,000,000 329,167 807,306 571,460 Median Sale Price 0 0 0 1,025,000 366,000 Median Sale Price YTD 0 1,000,000 280,000 550,000 520,000 Average Days on Market / YTD 0 / 0 0 / 648 0 / 359 150 / 169 540 / 158 Median Days on Market / YTD 0 / 0 0 / 648 0 / 376 129 / 80 299 / 98 Total Commercial² Listings / YTD 76 / 999 97 / 887 69 / 845 56 / 987 98 / 1,152 Sales / YTD 14 / 258 17 / 230 20 / 242 20 / 246 28 / 348 Sales to Listings Ratio / YTD 18% / 26% 18% / 26% 29% / 29% 36% / 25% 29% / 30% Sales Volume 8,136,591 7,120,449 6,731,460 9,191,171 17,334,375 Sales Volume YTD 142,374,074 109,252,305 130,136,064 132,283,251 220,042,298 Average Sale Price 581,185 418,850 336,573 459,559 619,085 Average Sale Price YTD 551,837 475,010 537,752 537,737 632,305 Median Sale Price 269,429 225,000 171,250 276,000 346,600 Median Sale Price YTD 270,074 267,500 295,000 296,875 395,000 Average Days on Market / YTD 100 / 162 212 / 175 206 / 165 140 / 153 187 / 149 Median Days on Market / YTD 91 / 119 178 / 119 136 / 118 121 / 99 116 / 98 ¹ Edmonton CMA (Census Metropolitan Area) includes the City of Edmonton and the Counties of Leduc, Parkland, Strathcona, and Sturgeon and the municipalities therein. ² Farms are included in Commercial if the property is zoned agricultural and is either revenue producing or 40 or more acres in size.
End of Month Active Inventory (Edmonton CMA¹ and City of Edmonton) page 10 Year Month CMA Residential² CMA Rural³ CMA Commercial 4 Edmonton Residential² Edmonton Commercial 4 2014 January 3,619 894 592 2,669 263 February 3,949 978 594 2,911 260 March 4,414 1,111 635 3,225 279 April 4,979 1,247 642 3,663 273 May 5,668 1,378 661 4,239 270 June 5,751 1,406 645 4,328 269 July 5,645 1,351 625 4,227 266 August 5,380 1,405 603 4,053 253 September 4,850 1,280 612 3,661 270 October 4,506 1,113 587 3,429 263 November 3,946 959 587 2,960 274 December 3,126 792 508 2,327 232 2015 January 4,148 864 557 3,120 274 February 5,041 1,010 592 3,786 290 March 5,974 1,138 616 4,416 295 April 6,789 1,266 616 4,991 302 May 7,329 1,340 618 5,460 303 June 7,202 1,374 603 5,445 310 July 7,218 1,370 596 5,496 308 August 7,248 1,341 605 5,509 286 September 7,122 1,250 590 5,346 276 October 6,667 1,097 572 4,976 275 November 6,076 953 547 4,551 272 December 5,131 806 487 3,788 235 2016 January 5,755 872 513 4,224 262 February 6,681 954 538 4,888 283 March 7,296 1,062 540 5,319 302 April 7,801 1,160 547 5,650 293 May 7,941 1,125 569 5,821 316 June 7,837 1,155 572 5,761 320 July 7,811 1,173 561 5,732 312 August 7,558 1,164 560 5,568 310 September 7,444 1,137 551 5,574 311 October 6,929 1,002 535 5,187 307 November 6,492 936 533 4,899 315 December 5,277 794 476 3,919 282 2017 January 5,613 784 503 4,169 292 February 6,123 843 517 4,533 294 March 6,813 905 549 5,046 304 April 7,622 1,049 570 5,620 303 May 8,415 1,188 567 6,260 298 June 8,605 1,218 558 6,436 306 July 8,766 1,250 553 6,605 303 August 8,656 1,249 571 6,537 318 September 8,364 1,195 553 6,366 319 October 7,710 1,052 554 5,839 321 November 7,046 959 578 5,319 339 December 5,796 816 532 4,334 309 2018 January 6,199 844 557 4,595 332 February 6,777 908 607 5,031 364 March 7,958 1,029 640 5,835 383 April 8,735 1,106 655 6,424 395 May 9,754 1,332 683 7,247 417 June 10,092 1,453 694 7,589 429 July 9,888 1,463 679 7,450 423 August 9,253 1,373 655 7,009 399 September 8,591 1,217 631 6,492 386 October 7,899 1,094 623 5,964 374 November 7,741 1,048 660 5,808 400 ¹ Edmonton CMA (Census Metropolitan Area) includes the City of Edmonton and the Counties of Leduc, Parkland, Strathcona, and Sturgeon and the municipalities therein. ² Residential includes all types of residential properties including Single Family Detached, Condominiums, Duplexes, Rowhouses, vacant lots, parking spaces, mobile homes etc. ³ Rural Sales do not include farms. A farm is a property zoned agricultural that is either revenue producing or 40 or more acres in size. 4 Farms are included in Commercial if the property is zoned agricultural and is either revenue producing or 40 or more acres in size.
Single Family and Condominium Average/Median Price in Edmonton by Area page 13 Single Family Detached 2018 2017 2016 2018 YTD 2017 YTD 2016 YTD Northwest Sales 28 49 29 396 433 357 Average 533,711 384,628 395,260 438,343 420,215 396,694 Median 438,450 363,000 345,000 381,750 375,000 357,500 North Central Sales 96 121 76 1,335 1,424 1,423 Average 350,264 393,952 376,282 373,479 384,810 386,770 Median 339,950 375,500 361,250 363,000 368,750 375,000 Northeast Sales 30 22 26 384 386 415 Average 313,854 305,638 338,748 317,535 345,670 342,184 Median 302,500 289,500 320,750 298,750 320,000 325,000 Central Sales 25 28 21 269 297 291 Average 251,704 273,543 350,067 291,495 278,220 299,041 Median 230,000 256,000 302,500 275,000 260,400 278,000 West Sales 40 50 45 659 750 733 Average 506,356 590,317 599,988 533,062 532,954 524,483 Median 435,000 456,500 475,000 437,000 440,000 430,000 Southwest Sales 57 74 67 968 1,115 1,058 Average 525,005 572,189 564,192 571,509 563,494 547,421 Median 439,000 519,000 532,000 500,000 495,000 494,500 Southeast Sales 82 97 95 1,230 1,298 1,294 Average 393,802 406,962 384,021 406,504 401,389 395,658 Median 372,600 365,000 365,000 375,000 375,000 375,000 Anthony Henday Sales 112 104 96 1,271 1,231 1,355 Average 498,203 535,026 512,226 496,326 513,030 500,966 Median 441,136 446,250 459,000 450,000 462,500 462,000 City of Edmonton Total Sales 470 545 455 6,512 6,934 6,926 Average 430,952 454,815 454,230 446,539 450,899 444,041 Median 382,000 403,000 400,000 400,000 406,000 406,000 Condominiums Northwest Sales 11 8 8 103 102 136 Average 284,600 268,957 180,125 248,153 259,184 226,029 Median 261,500 285,578 151,500 247,000 249,450 208,500 North Central Sales 41 57 38 522 558 517 Average 184,229 186,630 205,935 202,038 213,915 221,603 Median 175,000 183,000 196,750 193,750 206,000 210,000 Northeast Sales 17 22 25 220 268 283 Average 160,106 148,814 166,352 165,037 174,748 190,528 Median 168,000 160,000 165,000 165,000 171,250 191,000 Central Sales 34 46 54 593 640 649 Average 245,393 287,374 298,072 271,608 289,556 292,215 Median 233,500 280,000 239,250 250,000 280,000 279,900 West Sales 27 26 22 310 341 329 Average 199,081 179,150 218,182 212,427 220,533 222,678 Median 172,000 175,000 186,000 187,750 200,000 208,500 Southwest Sales 41 43 46 568 636 590 Average 232,405 298,180 273,894 267,347 285,624 276,857 Median 240,000 268,500 255,500 245,400 268,000 258,700 Southeast Sales 29 37 21 480 457 461 Average 189,107 212,842 243,216 218,348 227,259 240,987 Median 175,000 201,500 237,000 210,000 220,000 230,000 Anthony Henday Sales 37 41 26 510 507 585 Average 248,197 263,207 255,826 256,776 265,819 267,515 Median 232,020 249,500 255,500 245,000 255,000 260,000 City of Edmonton Total Sales 237 280 240 3,306 3,509 3,550 Average 216,542 233,675 244,497 236,498 248,913 251,570 Median 208,500 220,000 214,563 215,750 228,000 232,500 n/a = insufficient data
5-Year Activity Summary (All property types) page 19 Edmonton City Monthly 2018 2017 2016 2015 2014 Listings 1,632 1,542 1,475 1,503 1,117 Sales 806 947 805 925 976 Sales Volume 289,537,831 357,588,001 303,260,535 338,642,279 374,034,678 Edmonton City Year to Date Listings 25,225 24,160 23,146 23,632 20,464 Sales 11,247 11,976 11,911 12,726 14,007 Sales Volume 4,210,799,081 4,556,319,766 4,500,001,457 4,762,475,433 5,187,279,149 Edmonton City Month End Active Inventory Residential 5,808 5,319 4,899 4,551 2,960 Commercial 400 339 315 272 274 TOTAL 6,208 5,658 5,214 4,823 3,234 Edmonton CMA Monthly Listings 2,290 2,128 2,009 2,114 1,615 Sales 1,126 1,238 1,123 1,297 1,316 Sales Volume 422,353,629 463,133,913 429,387,614 492,155,037 511,912,563 Edmonton CMA Year to Date Listings 35,974 34,339 33,132 34,106 30,107 Sales 16,026 16,790 16,708 17,930 19,741 Sales Volume 6,129,825,841 6,483,756,413 6,424,475,415 6,923,140,536 7,523,996,931 Edmonton CMA Month End Active Inventory Residential 7,741 7,046 6,492 6,076 3,946 Rural 1,048 959 936 953 959 Commercial 660 578 533 547 587 TOTAL 9,449 8,583 7,961 7,576 5,492 Total Board Monthly Listings 2,728 2,547 2,450 2,509 2,014 Sales 1,337 1,464 1,360 1,520 1,609 Sales Volume 520,129,112 533,984,876 500,252,414 562,098,163 606,827,836 Total Board Year to Date Listings 44,160 42,341 40,989 42,285 38,522 Sales 19,245 20,075 20,061 21,533 24,224 Sales Volume 7,154,930,168 7,517,085,964 7,484,602,415 8,094,658,814 8,972,918,220
Monthly Residential¹ Sales Activity by Municipality (PART 1) page 22a 2018 2017 2016 2018 YTD 2017 YTD 2016 YTD Barrhead Sales 3 8 6 51 69 56 Sales Volume n/a 1,811,200 1,249,000 11,260,500 15,813,715 12,319,323 Average Price n/a 226,400 208,167 220,794 229,184 219,988 Median Price n/a 205,000 210,000 207,000 216,500 212,500 Beaumont Sales 27 11 16 351 325 251 Sales Volume 11,363,600 4,681,000 6,773,500 154,376,017 140,980,713 105,691,412 Average Price 420,874 425,545 423,344 439,818 433,787 421,081 Median Price 402,000 375,000 394,000 430,000 430,000 405,000 Bonnyville Sales 4 3 2 80 71 59 Sales Volume n/a n/a n/a 20,947,475 19,075,675 18,102,150 Average Price n/a n/a n/a 261,843 268,671 306,816 Median Price n/a n/a n/a 279,500 291,500 307,000 Cold Lake Sales 21 14 13 237 226 239 Sales Volume 5,847,200 4,034,000 3,873,000 67,002,669 71,710,895 77,212,774 Average Price 278,438 288,143 297,923 282,712 317,305 323,066 Median Price 310,000 321,500 282,500 300,000 317,000 320,000 Devon Sales 12 7 4 98 82 71 Sales Volume 4,235,300 1,585,500 n/a 31,057,681 26,731,816 22,687,050 Average Price 352,942 226,500 n/a 316,915 325,998 319,536 Median Price 322,000 245,000 n/a 319,450 324,750 325,000 Drayton Valley Sales 6 6 5 67 108 85 Sales Volume 1,583,900 1,181,600 1,314,500 15,155,945 27,375,612 23,155,574 Average Price 263,983 196,933 262,900 226,208 253,478 272,419 Median Price 310,000 216,800 350,000 231,000 269,000 279,000 Fort Saskatchewan SFD Sales 17 21 23 268 291 320 SFD Average Price 339,371 395,021 427,356 410,633 415,337 424,296 SFD Median Price 347,000 364,500 405,000 395,000 400,000 417,250 Condo Sales 4 5 4 47 60 61 Condo Average Price n/a 199,000 n/a 220,772 238,401 245,443 Condo Median Price n/a 190,000 n/a 212,000 219,500 239,000 Total Sales Volume 9,284,100 11,696,070 12,888,195 153,106,519 174,757,278 184,167,475 Gibbons Sales 3 3 2 45 65 45 Sales Volume n/a n/a n/a 12,121,250 20,493,000 13,380,900 Average Price n/a n/a n/a 269,361 315,277 297,353 Median Price n/a n/a n/a 266,000 285,000 285,000 Leduc SFD Sales 23 18 28 374 314 342 SFD Average Price 359,587 390,561 362,843 371,178 379,316 375,657 SFD Median Price 358,000 379,700 342,450 355,450 373,650 361,000 Condo Sales 5 8 1 60 59 46 Condo Average Price 276,000 201,863 n/a 228,614 227,454 240,400 Condo Median Price 220,000 183,750 n/a 213,000 210,000 224,975 Total Sales Volume 11,377,900 10,323,900 11,816,600 178,018,210 152,943,463 167,805,933 n/a = insufficient data ¹ Residential includes all types of residential properties including Single Family Detached, Condominiums, Duplexes, Rowhouses, vacant lots, parking spaces, mobile homes etc. Note: Due to changes in local market boundaries and data collection, data for areas formerly belonging to North Eastern Alberta are not available prior to November 2012.
Monthly Residential¹ Sales Activity by Municipality (PART 2) page 22b 2018 2017 2016 2018 YTD 2017 YTD 2016 YTD Morinville Sales 12 9 11 191 188 186 Sales Volume 3,915,176 2,619,500 3,660,549 61,209,444 60,945,648 62,112,959 Average Price 326,265 291,056 332,777 320,468 324,179 333,941 Median Price 345,688 327,500 363,000 326,000 330,000 340,000 Sherwood Park SFD Sales 56 54 65 772 753 836 SFD Average Price 397,076 420,795 466,705 443,268 456,100 456,527 SFD Median Price 390,000 410,000 435,000 421,000 430,000 427,500 Condo Sales 4 17 12 204 198 221 Condo Average Price n/a 276,635 313,521 283,757 302,799 315,298 Condo Median Price n/a 232,000 309,250 279,000 297,000 305,000 Total Sales Volume 25,191,650 31,688,913 34,753,600 427,788,698 435,747,883 481,608,112 Spruce Grove SFD Sales 23 20 25 360 394 420 SFD Average Price 369,778 371,175 392,809 387,878 390,853 400,957 SFD Median Price 349,000 357,000 390,000 376,500 380,000 390,000 Condo Sales 0 5 3 62 70 49 Condo Average Price n/a 225,420 n/a 216,895 229,199 230,440 Condo Median Price n/a 214,600 n/a 208,250 214,300 215,000 Total Sales Volume 10,655,700 12,135,610 13,263,222 193,701,327 210,490,570 222,625,966 St. Albert SFD Sales 48 43 52 751 716 755 SFD Average Price 486,055 445,393 468,584 480,152 469,038 474,635 SFD Median Price 449,450 399,000 434,063 441,500 433,000 432,000 Condo Sales 11 13 13 229 200 221 Condo Average Price 228,955 258,054 232,923 268,888 281,794 263,857 Condo Median Price 217,500 264,000 241,500 245,000 264,000 240,000 Total Sales Volume 26,589,046 25,751,521 29,724,161 437,099,764 410,817,581 430,108,994 St. Paul Sales 3 8 7 91 94 96 Sales Volume n/a 1,603,800 1,442,500 22,343,200 24,005,400 23,515,388 Average Price n/a 200,475 206,071 245,530 255,377 244,952 Median Price n/a 202,400 215,000 255,000 255,750 229,000 Stony Plain Sales 20 21 16 265 342 288 Sales Volume 7,332,064 6,273,137 4,672,049 87,096,864 111,871,136 91,548,404 Average Price 366,603 298,721 292,003 328,667 327,109 317,876 Median Price 367,000 287,900 278,750 334,900 325,000 318,450 Vegreville Sales 4 4 8 55 61 71 Sales Volume n/a n/a 1,466,000 10,317,000 12,921,400 16,198,775 Average Price n/a n/a 183,250 187,582 211,826 228,152 Median Price n/a n/a 195,500 176,000 210,000 215,000 Westlock Sales 8 5 5 64 59 75 Sales Volume 2,134,000 1,341,750 919,000 13,503,750 11,820,400 14,776,885 Average Price 266,750 268,350 183,800 210,996 200,346 197,025 Median Price 252,500 228,000 220,000 208,600 209,000 189,500 Wetaskiwin Sales 15 9 7 151 132 183 Sales Volume 2,613,400 1,748,100 1,503,500 32,575,425 30,185,250 43,018,565 Average Price 174,227 194,233 214,786 215,731 228,676 235,074 Median Price 180,000 190,000 185,000 210,000 223,000 233,000 n/a = insufficient data ¹ Residential includes all types of residential properties including Single Family Detached, Condominiums, Duplexes, Rowhouses, vacant lots, parking spaces, mobile homes etc. Note: Due to changes in local market boundaries and data collection, data for areas formerly belonging to North Eastern Alberta are not available prior to November 2012.
Monthly Rural Sales by County page 23a Rural¹ Sales by County 2018 2017 2016 2018 YTD 2017 YTD 2016 YTD Athabasca County Sales 0 3 3 33 39 22 Sales Volume n/a n/a n/a 7,757,300 9,803,476 3,454,275 Bonnyville M.D. Sales 6 11 3 100 115 68 Sales Volume 1,222,500 4,756,400 n/a 36,152,948 44,191,290 26,017,400 Lac la Biche County Sales 0 0 0 4 4 2 Lac Ste. Anne County Sales 0 0 0 0 0 0 Leduc County Sales 7 9 9 157 164 172 Sales Volume 4,634,000 3,521,500 3,468,400 76,444,637 78,119,080 79,961,983 Parkland County Sales 32 23 30 408 437 419 Sales Volume 15,877,636 9,255,900 14,932,760 194,904,283 209,964,767 195,486,992 Smoky Lake County Sales 3 2 0 27 15 14 Sales Volume n/a n/a n/a 5,126,800 2,327,500 3,673,900 St. Paul County Sales 3 3 5 80 77 65 Sales Volume n/a n/a 1,390,700 13,118,650 14,761,900 13,403,300 Strathcona County Sales 19 17 16 268 258 276 Sales Volume 10,688,000 8,461,500 11,890,500 157,328,570 158,608,117 172,005,043 Sturgeon County Sales 12 7 9 141 172 163 Sales Volume 7,102,400 3,060,500 3,967,000 84,107,100 97,998,258 83,586,591 Thorhild County Sales 2 1 5 27 33 29 Sales Volume n/a n/a 684,000 7,597,300 8,436,983 7,371,237 Two Hills County Sales 0 0 1 15 16 14 Sales Volume n/a n/a n/a 3,001,400 4,979,200 4,166,500 Vermilion River County Sales 0 0 0 0 0 1 n/a = insufficient data ¹ Rural Sales do not include farms. A farm is a property zoned agricultural that is either revenue producing or 40 or more acres in size. Note: Due to changes in local market boundaries and data collection, data for areas formerly belonging to North Eastern Alberta are not available prior to November 2012.
Monthly Commercial Sales by County page 23b Commercial¹ Sales by County 2018 2017 2016 2018 YTD 2017 YTD 2016 YTD Athabasca County Sales 0 0 0 0 2 1 Bonnyville M.D. Sales 0 0 0 4 9 4 Sales Volume n/a n/a n/a n/a 3,921,160 n/a Lac la Biche County Sales 0 0 0 0 0 0 Lac Ste. Anne County Sales 0 0 0 4 0 0 Leduc County Sales 0 1 0 4 4 4 Parkland County Sales 0 0 1 3 5 8 Sales Volume n/a n/a n/a n/a 2,138,047 8,355,560 Smoky Lake County Sales 1 0 1 3 5 2 Sales Volume n/a n/a n/a n/a 1,022,500 n/a St. Paul County Sales 0 1 0 5 6 10 Sales Volume n/a n/a n/a 1,327,236 1,929,908 3,794,900 Strathcona County Sales 0 0 0 1 1 4 Sturgeon County Sales 0 2 0 4 3 3 Thorhild County Sales 0 0 1 1 1 3 Two Hills County Sales 0 0 0 0 0 0 Vermilion River County Sales 0 0 0 1 0 0 n/a = insufficient data ¹ Farms are included in Commercial if the property is zoned agricultural and is either revenue producing or 40 or more acres in size. Note: Due to changes in local market boundaries and data collection, data for areas formerly belonging to North Eastern Alberta are not available prior to November 2012.