House for sale in Edmonton

April 2023 Market Statistics Update

Tuesday May 02nd, 2023


April Housing Statistics: Edmonton's spring season is going up. 

Edmonton, May 02, 2023

In April 2023, there were 2,028 homes sold in the Greater Edmonton Area. This was less than last April (30.8% less) but more than March (11.1% more). People put 6% more homes on the market compared to March, but 26% fewer compared to last April. There were also more houses available to buy (7.4% more compared to last year and 9.3% more compared to this March).

In April, detached homes were sold 32.9% less than in April 2022 but 14.2% more than in March 2023 (1,229 units). Semi-detached homes were sold 37% less year-over-year but 19.3% more from March 2023. Row/Townhouse sales went down 23% year-over-year and increased 0.7% month-over-month. Apartment Condominiums sold 23.2 % less than in April 2022, but 1.3 % more than the previous month.

In April 2023, the average price for a home was $408,631. This is lower than in April 2022 but higher than in March 2023. Detached homes cost an average of $500,635. That is lower than it was in April 2022 but more expensive than in March 2023. Semi-detached homes cost around $378,797 on average. That price was lower year-over-year but higher from the month before. The price of row/townhouses went down 3.7% from April 2022 but then went up 5.5% to sell at $261,390. Apartment Condominiums cost an average of $192,560, which was 0.1% less than last month and also 5.8% less than April 2022.

The average house price in the GEA area was $379,500 compared to last month. It was 0.4% more than it was in March 2023 and 9.1% less than it was in April 2022.

“The trend continues with year-over-year dips in average prices, sales, and listings across most categories, while still seeing nominal increases in our month-over-month statistics.,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles.

Detached homes were on the market for 42 days, 4 days less than in March 2023. Semi-detached homes were on the market for 41 days, 2 more than before. Row/townhouses were on the market for 45 days, 7 fewer than before. Apartment condos stayed on the market for 56 days, 4 fewer than in March 2023. All residential listings were on the market for 44 days, 5 less than before and 14 more than last year.



Innocent Sezibera May 2, 2023
Thank you so much Guido for the updates. We are blessed to have you.
Onu Karenzo May 3, 2023
Thank you my man for the update info regardi g how the price in selling house is up& down in tge city of Edmonton
Keep workin hard & hard the
Best is yet to come soon
Love you
Jidiri Ndagije May 4, 2023
Thank you so much Guido for this update Be blessed

Post a comment