City of Edmonton September 2024 Market Statistics Update
Posted by Reuben Tucker on
In September 2024, the Greater Edmonton Area (GEA) real estate market saw 2,256 residential unit sales, a 12.6% decrease from August. New residential listings totalled 3,215, down 4.6% from the previous month, while overall inventory fell 1.7%.
Detached homes recorded 1,299 sales, an 11.1% decrease from August. The average price for detached homes was $552,684, up 1.3% from the previous month. These homes averaged 37 days on the market, an increase of two days from August.
Semi-detached homes saw a 15.8% decline in sales from August, with an average price of $413,252, down 0.3%. The average time on the market they remained unchanged at 30 days.
Row/townhouses experienced a 15.4% drop in sales compared to August. The average selling price was…
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