2020 was a crazy year... and so was the Edmonton Real Estate market!
Latest Monthly Stats (December)
Total residential unit sales in the Greater Edmonton Area real estate market for December 2020 increased 31.47% compared to December 2019.
The Edmonton market in December saw an increase in year-over-year unit sales, compared to a decrease in month-to-month sales. There have also been more sales of single-family homes, condos and duplexes compared to December of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. Total year-to-date residential sales for 2020 came in at 17,036 –a 2.94% increase compared to 2019!
Single family homes averaged 53 days on the market, an 11-day decrease from last year.
Condos averaged 62 days on the market, a 15-day decrease from last year, while duplexes averaged 57 days on market, an 18-day decrease compared to December 2019.
Overall, all residential listings averaged 58 days on market, decreasing by 11 days year-over-year and increasing by 4 days compared to November 2020.
