Market Update

April: Average Time to Sell

This chart shows the Average Days On Market for properties reported as sold in April 2025 in the Edmonton MLS System®.

The spring market has been steady, driven by well priced desirable properties. We expect this to continue now that the uncertainty of the federal election is behind us. There is still some worry around the world trading situation, but overall our market seems resilient.. 

I find that things are never as simple as the statistics or averages would seem to make them. Is this a good time to buy or sell? If you would like to discuss your current situation, let's chat.

April: Market at a Glance

Here is a snapshot of the recent average prices in the Edmonton area based on sales reported for April 2025 in the Edmonton MLS System®.

This chart shows that we continue to see average prices that are higher on a year over year basis in every housing category. April was busy, and May is continuing to show steady activity in our market. If you need help planning or would like a more detailed analysis for your home or property needs, let me know!

March: Absorption Rate

Here is a snapshot of the listing absorption rate for Edmonton-area market for March 2025.

We have seen a very active spring market so far this year, but there definitely is some uncertainty in the air. Overall the market seems to slightly favour sellers, particularly for desirable, well priced properties. There are definitely opportunities for moving ahead as the weather warms up.

I find that it's best to take all statistics with a grain of salt. Call me if you'd like better information with respect to your specific situation.