Edmonton Market Update – Condo Q1
Earlier this week, we discussed what was happening with Single Family Homes in Edmonton, but we didn’t want you to miss out on the condo market too.
The condo market is proving to be interesting as well, with prices and demand shifting positively for the first time in years.
As of April 1, 2022, this is the what the numbers were showing:
Of the available, active condos – the price points are shocking, with almost ALL the available inventory priced at under 300k!
Since January 1, 2022 there have been 1474 total condos sold, so when comparing those against the available properties we find we have a fairly balanced level of supply for the demand:
If you are in the market to buy or sell an Edmonton Condo this year – reach out!