There were a total of 1,920 residential unit sales in the Greater Edmonton Area (GEA) real estate market during November 2024, a 22.8% decrease from October 2024 and 18.4% higher than November 2023. New residential listings amounted to 2,114, down 27.9% from October 2024 and up 1.4% from November 2023. Overall inventory in the GEA decreased 12.1% month-over-month and 17.3% year-over-year.
The total number of Detached unit sales was 1,138, a decrease of 20.5% over the previous month but 23.6% higher than the previous year. Semi-detached unit sales decreased 27.8% month-over-month while remaining 18.0% higher year-over-year. Row/Townhouse unit sales decreased 23.2% compared to October 2024 and recorded 18.0% more sales than in November 2023. Apartment Condominium unit sales are still 3.1% higher than the previous year but slowed 27.3% since October 2024.
The Move Faster Team | Brokered by EXP REALTY | www.movefaster.ca
