The Edmonton & Sherwood Park real estate market is off to a strong start this spring. Despite broader economic concerns like tariffs and shifting consumer confidence, local market activity remains brisk—and the numbers tell a compelling story.
Key Highlights:
Sales are up month-over-month as buyers continue to re-enter the market.
Inventory remains low, still sitting 8.1% below April 2024 levels.
Single-family home prices have increased by 11% year-over-year.
Days on market are decreasing, showing continued buyer demand.
Homes priced strategically are seeing multiple offers.
We're entering what is traditionally the busiest real estate period of the year. May and June are often peak sales months, and with more listings expected, competition is rising. If you're a seller, timing and pricing are everything. If you're buying, strategy is crucial to stand out in multiple offer scenarios.
📲 If you're looking for tailored advice on buying or selling in Edmonton or Sherwood Park, we’d love to help. Let’s connect.
