edmonton remax, edmonton real estate, edmonton homes for sale, edmonton real estate market, edmonton real estate blog,

Homes are selling quicker than they were earlier this year #yeg #yegre

It wasn’t that long ago that Edmonton was experiencing a real estate boom, when the paint was barely dry on a For Sale sign before it changed to Sold. It will probably be a while before we experience those kinds of conditions again, but homes are selling quicker than they have been. In April, the average days-on-market was just 50 days. That’s down from 53 days-on-market in March. At the same time, the sales-to-listings ratio for the month was 53%, up 2% from March. Both of these indicators speak to the increased activity currently in Edmonton real estate. As a seller, you can have confidence seeing that well-priced homes are moving quickly. As a buyer, you still have time to make informed decisions, instead of leaping on those freshly painted For Sale signs like many buyers did in days gone by. Talk to your local REALTOR® to get a better understanding of what the activity in the real estate market means for you. Your local REALTOR® is here when life happens.




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