November 2024 Real Estate Stats for Edmonton, Alberta

Homebuyers and sellers across the Greater Edmonton Area (GEA) are turning their attention to this year's November real estate statistics to gain insights into market trends. Here's a comprehensive breakdown of the residential sales, pricing trends, and what the current data may signal for the months ahead.

Edmonton Real Estate Market Overview – November 2024

The real estate activity in Edmonton saw a notable seasonal slowdown in November, aligned with the typical pre-holiday market trends. According to the REALTORS® Association of Edmonton, the region recorded 1,920 residential unit sales in November. This marks a 22.8% decrease compared to October 2024, but a promising 18.4% increase over…

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Can You Sell Your Home Without Listing on the MLS

® 

in Edmonton, AB?

The traditional home-selling process often revolves around the Multiple Listing Service (MLS®), a powerful tool that connects sellers with a broad network of potential buyers through real estate agents. But what if you want to sell your home without listing it on the MLS®? Maybe you want to save on commission fees or keep the sale private. The good news? It’s possible. The real question is whether it’s the right choice for you.

In this blog, we’ll explore how the MLS® works in Edmonton, examine whether selling without the MLS® is feasible, discuss the legal and financial implications of choosing alternative sales methods, and share marketing tips for selling your home without…

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Edmonton vs. Toronto Real Estate in 2024: What Home Buyers Need to Know

Choosing where to buy a home involves several factors, from price trends to lifestyle considerations. Edmonton and Toronto, two Canadian cities with unique real estate markets, offer vastly different opportunities for potential home buyers in 2024.

This blog dives deep into the key factors shaping the Edmonton and Toronto real estate markets, providing you with the insights and information you’ll need to make an informed decision.

Economic and Demographic Overview

Edmonton: Steady Growth in a Thriving Economy

Edmonton, often referred to as the "Gateway to the North," boasts a strong energy-driven economy, supported by rapid advancements in tech and renewable energy…

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How Much Are Real Estate Lawyer Fees in Edmonton, AB?

Buying or selling a home is an exciting milestone, but it’s also a complex process with important legal implications. For home buyers and sellers in Edmonton, AB, having a real estate lawyer on your side is essential. A good lawyer helps ensure your transaction goes smoothly, protecting your legal and financial interests at every stage. However, when planning your real estate budget, you might wonder—how much should you expect to pay for a real estate lawyer in Edmonton?

This blog will give you the answers you need. We’ll break down the services provided by real estate lawyers, discuss the factors that influence their fees, and provide insight into average costs. By the end, you’ll know how to…

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Big City Lights or Small-Town Charm... Deciding Between Edmonton and Its Outlying Towns

Moving to a new place comes with a whirlwind of decisions, and choosing where to settle is one of the biggest. If you're considering relocating to Alberta's vibrant capital region, there's one major question to answer—should you live in Edmonton itself or opt for one of the charming outlying towns nearby?

Both choices offer compelling benefits, but they also come with unique challenges. Whether you're drawn to Edmonton’s dynamic cityscape or the slower pace and open spaces of its surrounding communities, the right choice depends on your priorities, lifestyle, and future plans.

This blog is here to help. By highlighting the pros and cons of both living in…

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An Overview Of Glenridding | A Southwest Edmonton Community

Are you on the hunt for a new home in a vibrant yet tranquil neighbourhood? Look no further than Glenridding in Edmonton, Alberta. Nestled in the Windermere area, Glenridding offers a balanced blend of modern amenities and serene living. Whether you're a first-time buyer or looking to upgrade, this neighbourhood has something for everyone.

This blog post explores the features that make Glenridding a compelling choice for homebuyers. From its diverse housing options to the lush green spaces, you'll learn why this community stands out in Edmonton's real estate market.

A New Neighbourhood 

Glenridding is a relatively new development. It was established in 2011, and it continues to grow…

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Transform Your Kitchen and Transform Your Edmonton Home's Sale

Have you heard the saying, "The kitchen is the heart of the home"? This timeless truth becomes particularly significant when you're preparing to sell your Edmonton home in the vibrant spring market. Buyers often gravitate toward homes with standout kitchens, making a refresh not only beneficial but essential in many cases. But is it truly necessary to revamp your kitchen before putting your home on the market?

In this guide, we'll explore why investing in a kitchen refresh can enhance your home's appeal, increase its value, and expedite the selling process. From modernizing and decluttering to hiring professionals when needed, you're about to discover everything you need to know to make…

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Discovering the Best of West Edmonton's Communities

Introduction to West Edmonton Living

West Edmonton, Alberta, is more than just a location—it's a vibrant lifestyle. With its rich blend of cultural diversity, excellent amenities, and natural beauty, it's no wonder that home buyers are drawn to this part of Canada. This blog post will explore what makes West Edmonton a prime destination for homeowners. We'll look into the vibrant communities that make moving to this area an attractive option for families, singles, and retirees alike. Whether you're a first-time buyer or looking to relocate, understanding the importance of community will guide your home-buying decisions and help you find the perfect fit for your needs.

What Makes a Great…

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Navigating the October 2024 Edmonton Real Estate Market

The Edmonton real estate market is buzzing with activity as October 2024 brings a significant uptick in residential sales and dynamic pricing trends. For both home buyers and sellers, understanding the current landscape is crucial to making informed decisions. This blog post dives into the latest market data, exploring key trends and providing insights to help you stay ahead in the ever-evolving real estate arena.

Exploring the Surge in Residential Sales

October 2024 saw a remarkable increase in residential unit sales across the Greater Edmonton Area (GEA), with a total of 2,489 units sold. This marks a 10.5% rise from September 2024 and a staggering 38.5% jump compared to October 2023. Such…

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Discover New Possibilities for Your Mortgage Renewal

Navigating the world of mortgages can be like solving a complex puzzle. For many homeowners, the mortgage renewal process is an opportunity to reassess their financial commitments and potentially improve their terms. I don't know if you have hear but one significant hurdle that has been removed on this path is the requirement for a stress test when switching lenders during renewal. This change opens up a world of possibilities for homeowners looking to find the best mortgage rates and conditions.

Understanding Mortgage Stress Tests

Mortgage stress tests have been a critical component of Canada's housing market regulations. These tests are designed to ensure that homeowners can manage their…

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