Edmonton Housing Market Update, June 2017

How's the Edmonton real estate right now? Is it good to sell or buy?
Edmonton's housing market still remains to be a buyers market which means there is more inventory of homes for sale then those who are buying. However, we're seeing homes selling much faster especially if they are above average condition and price well. We do find some areas are considered a "Sellers Market"This shows very good signs of real estate going into the right direction for recovery but May and June are typically more active then other periods in the year. Its still a good time to buy since there are lower prices compared to the real estate peak in 2014. The good listings sell fast. Foreclosures and homes with basement suites have also picked up a lot of interest in the market.  

Its a great time to sell your home in high desired areas like St. Albert, Sherwood Park, and neighbourhoods in Edmonton like Twin Brooks, Schonsee, Blue Quil, and others. Get a free estimate on your house value and neighbourhood now by following here.

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