DowntownHousing market

Downtown

Downtown Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

170

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

65

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

170 active

New

62(+5.08% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 171, in 2023: 10, in 2022: 1

Total Sold Listings*

1 sold

Median Sold Price

$120,000

Avg Days on Market

65 days

Median Bidding

-$15,000

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: 0

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Downtown - All types

Sold vs Active vs New vs Relisted - Downtown - All types

Sold Price Distribution - Downtown - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Downtown - All types

Property type distribution based on data from the last 3 months.

Median Price - Downtown - All types

Just listed - Downtown

Unknown for 9918 - 709 101 ST, Edmonton Alberta T5K2L1

11 hours on market

9918 - 709 101 ST , Edmonton

Condo11584.48 sq ft

Listed by Royal Lepage Arteam Realty

Living room with furniture, wood/laminate floor for 10303 - 705 105 ST NW, Edmonton Alberta T5J5G3

2 days on market

10303 - 705 105 ST NW , Edmonton

Condo21788.99 sq ft

Listed by Century 21 Leading

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 10180 - 1002 104 ST, Edmonton Alberta T5J1A7

2 days on market

10180 - 1002 104 ST , Edmonton

Condo21800.51 sq ft

Listed by MaxWell Polaris

Indoor foyer for 1506 103 ST NW, Edmonton Alberta T5J0G6

2 days on market

1506 103 ST NW , Edmonton

Condo22683.18 sq ft

Listed by Sable Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 1306 105 ST, Edmonton Alberta T5J0C2

2 days on market

1306 105 ST , Edmonton

Condo22791.25 sq ft

Listed by RE/MAX Professionals

Living room with furniture, unknown for 1404 10180 103 ST NW, Edmonton Alberta T5J0L1

2 days on market

1404 10180 103 ST NW , Edmonton

Condo22868.65 sq ft

Listed by Rimrock Real Estate

Unknown for 1001 106 ST, Edmonton Alberta T5K1B5

3 days on market

1001 106 ST , Edmonton

Condo22+1958.09 sq ft

Listed by Real Broker

Open concept kitchen, wood/laminate floor for 305 - 10301 109 ST NW, Edmonton Alberta T5J1N4

3 days on market

305 - 10301 109 ST NW , Edmonton

Condo111062.40 sq ft

Listed by Sweetly

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 203 - 10106 105 ST NW, Edmonton Alberta T5J2W9

3 days on market

203 - 10106 105 ST NW , Edmonton

Condo11649.71 sq ft

Listed by Royal LePage Noralta Real Estate

Living room with furniture, unknown for #306 - 9819 104 ST, Edmonton Alberta T5K0Y8

3 days on market

#306 - 9819 104 ST , Edmonton

Condo22932.05 sq ft

Listed by Real Broker

Population and Demographics

Overview

Total population 12609

Average household income $113,429

Age (%)

20 to 34

46%

35 to 49

21%

50 to 64

13%

65 and plus

12%

0 to 19

7%

Household composition (%)

Single person

62%

Single family

28%

Multi person

10%

Multi family

0%

Mother tongue (%)

English

75%

Mandarin

5%

Others

3%

Yue (Cantonese)

3%

Tagalog (Pilipino, Filipino)

2%

Spanish

2%

French

2%

Iranian Persian

1%

Arabic

1%

House tenancy (%)

Renters

76%

Owners

24%

Transportation

Car Friendly

3/5

Some arteries nearby, but traffic congestion and parking problems are likely

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

4/5

Variety of cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance