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April 2023 Real Estate Market Stats in Edmonton

Edmonton saw decreases in year-over-year statistics while month-over-month numbers were on the rise.

April 2023

2023 Market Statistics (9)

Home Prices

Home prices reached an average of $386,000 in Edmonton for April, and although that is 6.3% less than last year, prices increased by 5.2% compared to March of 2023.

Sales and Inventory

Sales dipped by 31.7% compared to 2022, sitting at 1,377 for April 2023. Inventory for the month reached 5,001, which is nearly 1.7% less than last year.

Conclusion

While there were decreases in year-over-year inventory, home prices, and sales, month-over-month home prices have increased, which is a positive statistic to go forward with.

Data provided by REALTORS® Association of Edmonton. For more information, visit their website.

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