Real estate is built on change. Interest rates rise and fall, family needs evolve and lifestyles shift as each change opens the door to new opportunities. Edmonton's market is changing, and we're transitioning from a seller's market to a buyer's market. This means that sellers need more than just a listing; they need the right Realtor with the right attitude towards pricing strategy. In today's competitive market, proper pricing in the first 2-3 weeks can make the difference between a quick sale and a listing that lingers.
And the statistics prove it. As of July 30, 2025 single-family homes decreased 0.4% to $463,078, a price 5.2% higher than last year. The MLS home price index was $427,800 reflecting a 2.7% decrease from June 2025, and a 5.2% increase from July 2024. Good news for sellers.
Apartment condo sales increased 3.5% from June to July, though activity is still 4.8% lower than the previous year. Condo prices fell 2.4% from the previous month but continue to increase at $209,711(an average price 2.6% higher than July 2024.) Newly listed condos increased 3.2% from June and 13.9% from July 2024.
What does this mean for you as a seller? Prices are softening, buyers are in the driver's seat, and a property that isn't priced correctly right away risks being overlooked. Success in this market comes down to strategy and that starts with the right price.
At Starkman Realty, I understand that pricing a home realistically within the first 2-3 weeks is crucial. Unlike larger brokerages that focus on generating sales volume, and massive inventory. My priority is straightforward: selling your home at the right price. As your Broker, I work directly with you to determine a strategy that reflects today's market, and positions your property to stand out. In today's competitive market, it's not about listing high and hoping, it's about pricing smart to capture demand before buyers move on.
Price it right, and the market will respond !