INFOGRAPHICS: April 2022 RAE Edmonton Market Reports

Residential Inventory Still Strong in April

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2022 decreased 10.9% compared to March 2022 and increased 2.0% from April 2021.
New residential listings increased both 8.8% year-over-year and 11.9% month-over-month from March 2022.

For April, single-family home unit sales were down both 6.3% from April 2021 and 11.3% from March 2022 at 1,704. Condo unit sales increased 26.6% from April 2021 but were down 7.2% from March 2022. Duplex/rowhouse unit sales were up 2.0% year-over-year yet decreased 20.6% month-over- month.

Single-family homes averaged $510,988, an 11.4% year-over-year increase and a month-over- month increase of 1.4%. Condominiums sold for an average of $237,249, seeing an increase of 3.7% year-over-year as well as an 3.2% decrease compared to March 2022. Duplex prices increased 17.8% from April 2021, selling at $409,428, resulting in a 5.2% increase from March 2022.

Read the full report on RAE website!

 


 

The following data is a comparison between April 2022 and April 2021 numbers, and is current as of May 2022. For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton infographics.

 

Download Printable Version – April 2022 RAE, Edmonton Report

 

 

 

 

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