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Thinking about selling your Edmonton home? An effective sale depends on having a thorough understanding of the local real estate market. You can increase your profit by timing your sale to coincide with seasonal trends and price changes.
Based on sales data from the past four years, this guide will explain how the Edmonton real estate market typically behaves in each month, how long different types of properties stay on the market before selling, and how you can take advantage of this.
Key Takeaways for Edmonton Home Sellers
Spring is prime time: List in March or April for the best chance at a quick, high-value sale.
Summer still sizzles: Take advantage of continued strong demand, especially for single-family homes.
Fall for balance: Enjoy a less frantic market with still-solid prices.
Winter requires strategy: Target serious buyers and showcase winter-friendly features.
Know your property type: Timing can vary depending on whether you're selling a detached single-family home, duplex, residential attached or townhouse.
Spring Market in Real Estate
The best time to sell a house in Edmonton, Alberta, is in the spring, according to sales data analyzed from the previous four years. March typically saw a rise in the market, with total sales reaching 7,172 over this period. Sales peaked at 7,620 in April and 7,730 in May, respectively, over the four-year span.
Improved weather, longer days, and the end of the school year are some examples of factors that encourage buyers to move quickly, which can result in increased competition and possibly higher selling prices.
The Ideal Month to Sell your House Fast
For all types of properties, April is a particularly good month for selling a house fast. For instance, detached single-family homes sold the fastest in April, averaging only 29 days on the market. Townhouses and Residential Attached properties follow closely behind, at 34 days, and half duplexes at 31 days.
Spring Housing Market Highlights:
Highest sales volume (7,620 total transactions in April and 7,730 in May over the four years)
Fastest-moving properties (29 days on market for detached homes in April)
Peak average sale prices ($405,118 in April, $407,962 in May)
Best months to list a house for sale are in months of spring and summer
Learn more about the costs involved in winter selling in our detailed guide.
Summer Real Estate Market in Edmonton
The summer has also shown to be a favorable season for house sales. In the last 4 years June has recorded 7,175 sales, and in July hit the annual high of 7,956 sales -the highest of any month.
Moving in these months is typically made easier by the warm weather, so many families choose to move in the summer and settle in before the new school year begins. It is also the time when more homes usually go up for sale, which may stabilize or slightly drop prices, but sellers can still take advantage of the ongoing high demand.
Average Home Sale Price in Summer
Prices remain stable, while summer sales are still very strong. July sees a small decline to $394,854 with a median of $366,000. In June, the average sale price is $402,169 with a median of $379,700. Although there is a constant demand throughout the summer, which keeps prices relatively high, more listings give buyers more options, which may moderate the upward trend in prices.
Summer Real Estate Market Highlights:
July sees the year's highest sales at 7,956 transactions
Prices remain competitive (June average selling price: $402,169, July: $394,854)
Slightly longer days on market compared to spring (45 days for detached homes in August)
Check out our Home sale proceeds calculator
Edmonton Real Estate Market Slowdown: Fall and Winter Considerations
The Edmonton real estate market usually slows down in the late summer and early fall. August sees a drop in sales to about 5,354 transactions, and the trend continues into September with about 5,055 sales and October with about 4,738 sales.
This slowdown is mostly caused by the end of the moving season and the arrival of colder weather. Buyer activity tends to decline during these months, and sellers might encounter greater difficulties getting offers.
Selling a Home in Edmonton During the Fall
The average number of days that a property has been on the market rises by August, even though the market is still active. Half duplexes took 43 days to sell, while detached single-family homes took roughly 45 days. Even longer, on average, are townhouses and residential attached properties, that took 50 and 56 days, respectively.
Fall Real Estate Market Highlights:
Gradual decline in sales (September: 5,055, October: 4,738, November: 4,307)
Stable prices (September average: $379,659, October: $378,759, November: $375,999)
Increased negotiation potential for buyers
Slowest Months to Sell a Home in Edmonton
In the past, December and January have been the hardest months to sell a home in Edmonton. With a median sale price of $342,500, December usually has one of the lowest average sale prices, at $368,762. With a median of $355,000 and an average of $373,801, January is right behind. Due to the holiday season and unfavorable weather, these months also see the lowest sales activity, which results in fewer buyers and lower offers for sellers.
However, serious buyers tend to stay active in the market even in winter. With fewer listings available, the competition is usually less fierce. Sellers may notice that those viewing their homes in winter are more dedicated to buying.
How to Sell a Home in Edmonton During the Winter Months
The market slows down and properties take longer to sell as the year comes to an end. Townhouses take an average of 55 days to sell in December, compared to 51 days for residential attached properties.
The longer market period gives sellers more time to carefully consider offers, but it also reflects the seasonal decline in buyer activity.
Selling a House in Winter:
Lowest sales volume (3,241 in December and 3,654 in January)
Decline in average prices from $368,762 in December to $373,801 in January
Longer days on market across all property types with more serious buyers
By knowing these seasonal trends and price fluctuations, you can make better decisions about the best time to buy or sell a house. For sellers aiming for maximum profit, targeting the spring and early summer seasons is ideal.
While these trends provide valuable guidance, every property and neighbourhood is unique. For personalized advice tailored to your specific situation, reach out to us. Our insights are tailored to the Edmonton market, ensuring you get the most out of your real estate investments.