Are you thinking of buying or selling? This spring maybe an opportune time for you.
Edmonton's Real Estate market is off to a very- good start in 2024.
Single family detached homes are averaging 60 days on the market and semi-detached townhouses are down to 53 days, an improvement in the real estate market. The benchmark selling price for a single-family home is now up to $440,000 dollars. Average sales for townhouses and condominiums are at $233,000 respectively. If you are thinking of downsizing from a home to a condo, this would be an ideal time. Our market is one of the most affordable in Canada.
An article published in the Edmonton Journal dated Feb 9,2024 by Cindy Tran reflected that Edmonton saw record population growth in 2023 from both immigration and interprovincial migration which is predicted to continue in 2024. The article further reflects the city's affordability, continuing employment growth and easing interest rates all pointing to a stronger market in 2024.
Retaining the services of a licensed Realtor with knowledge and skill whether buying or selling is an effective wat to facilitate your objective and avoid the many latent pitfalls associated with property purchases or sales.
Taking advantage of the affordability factor and the stabilization of interest rates makes this an opportune time for both buying and selling.
Edmonton's Real Estate market is off to a very- good start in 2024.
Single family detached homes are averaging 60 days on the market and semi-detached townhouses are down to 53 days, an improvement in the real estate market. The benchmark selling price for a single-family home is now up to $440,000 dollars. Average sales for townhouses and condominiums are at $233,000 respectively. If you are thinking of downsizing from a home to a condo, this would be an ideal time. Our market is one of the most affordable in Canada.
An article published in the Edmonton Journal dated Feb 9,2024 by Cindy Tran reflected that Edmonton saw record population growth in 2023 from both immigration and interprovincial migration which is predicted to continue in 2024. The article further reflects the city's affordability, continuing employment growth and easing interest rates all pointing to a stronger market in 2024.
Retaining the services of a licensed Realtor with knowledge and skill whether buying or selling is an effective wat to facilitate your objective and avoid the many latent pitfalls associated with property purchases or sales.
Taking advantage of the affordability factor and the stabilization of interest rates makes this an opportune time for both buying and selling.