Low Housing Inventory in Edmonton & Area
2021 is here and the Edmonton Real Estate market is off to a great start! Down at the bottom of our post we have showcased current stats about the amount of homes currently for sale in different areas of Edmonton and area. You'll be surprised at the amount of homes for sale!
Coming into 2021, there was a lot of optimism for our market and home owners in our amazing city. As we saw in 2020, Edmonton's housing market is always determined by supply and demand. We saw average days on market decrease, and average selling prices increase. Lots of properties received multiple offers and were sold within days of being listed. Finally Edmontonian home owners are feeling more confident when deciding to make a move and sell.
The major theme that Edmonton House Hunters have noticed so far this year in 2021, is there is a major lack of inventory!! House hunters looking for the best deals are having to jump on brand new listings immediately, and likely compete with other buyers to win the deal. In certain areas, we are seeing a seller's market.
Our buyer's are loving our fully custom MLS Collab Center search, where we email homes immediately as soon as it is uploaded to the market. Our buyer's are seeing new homes direct in their inbox way sooner than they would ever see it live on Realtor.ca and all other real estate websites.
If you've been thinking about making a move and selling your home, this might be the best time to for you. It's best to make a plan and get your house ready to sell, having a succesful plan is crucial if you want to sell your home for the highest price possible, in the shortest amount of time. Our team's experience here at Edmonton House Hunters will ensure your sale is a success!
If you're looking for a successful sale, or even just want to know the market value of your house, give us a call. We're never too busy to help you and your referral's!
Below you will see for yourself just how low current inventory is for the average home buyer!
Active Detached Single Family Homes for Sale under $500,000 (based on data from the Edmonton MLS board dated January 24, 2021) :
Sherwood Park: 37
St. Albert: 52
Fort Saskatchewan: 56
Spruce Grove: 77
Stony Plain: 33
Active Acreages for Sale under $800,000 (based on data from the Edmonton MLS board dated January 24, 2021) :
Rural Strathcona County: 29
Rural Leduc County: 40
Rural Parkland County: 100
Rural Sturgeon County: 38
Rural Beaver County: 21
Rural Lamont County: 17
Rural Lac St. Anne County: 110
Rural Wetaskiwin County: 76
Rural Thorhild County: 15
Rural Westlock County: 25
Active Condos for Sale under $400,000 (based on data from the Edmonton MLS board dated January 24, 2021) :
Sherwood Park: 58
St. Albert: 82
Fort Saskatchewan: 35
Spruce Grove: 28
Stony Plain: 36
Take a browse through our website and use the "book a showing" tool when you see the homes you love, and we'll get it all set up for you to view the homes! Or fill out the contact form below and we'll contact you!