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THE EDMONTON REAL ESTATE MARKET CONTINUES TO BE A STRONG BUYERS MARKET!

As of February 4, 2018 The Edmonton Real Estate Market Continues To Be A Strong Buyers Market! 

We are not heading into the second month of 2018, and all indications are showing that we are continuing to be in a strong buyer’s market. How strong of a buyer’s market we are in is very dependent on which price range we are looking at.

As of Feb 04, 2018 there are 2,626 single-family homes for sale. In the previous 30 days there were 420 single-family homes sold. That would give us a listings to sales ration also know as absorption rate of 6.25:1. That is significantly higher than a ratio of 4.00:1 we need for a balance or neutral market.

But you will notice in the data below that dependent of the price range the listings to sales ratio ranges from a low of 4.47:1 to a high of 11.00:1

Edmonton Homes For Sale MLS Listings

If you are considering buying you should consider looking a buying now before these ratios change more favourably towards the seller market when it will become more difficult to negotiate the best deal possible.

Thinking about buying or selling contact us today at https://www.Edmonton-Real-Estate.com or call me today at 780-995-6520

Come and follow the team on Twitter at @teamleadingedge. Make sure to subscribe to Team Leading Edge to get newsletters on the Edmonton Real Estate market.

Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.

Homes For Sale Edmonton

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Edmonton First Time Home Buyers

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