Empire Park
Empire Park

Empire Park Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

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*

5

New

4(+33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 2, in 2023: -, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

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

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Empire Park - All types

Sold Price Distribution - Empire Park - All types

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

Property Type Distribution - Empire Park - All types

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

Median Price - Empire Park - All types

Population and Demographics

Overview

Total population 2895
Average household income $79,923

Age (%)

20 to 34
43%
35 to 49
18%
0 to 19
17%
50 to 64
14%
65 and plus
9%

Household composition (%)

Single family
43%
Single person
38%
Multi person
19%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
12%
Tagalog (Pilipino, Filipino)
6%
Spanish
3%
Arabic
2%
Urdu
2%
French
2%
Punjabi (Panjabi)
1%
Hindi
1%
Others
1%

House tenancy (%)

Renters
91%
Owners
9%

Top 1 School in Empire Park

McKee School10725 - 51 Avenue, T6H 0L3, Edmonton, AB
3.5/10
Public•

Transportation

Car Friendly

5/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within walking distance

Restaurants

3/5

Variety of restaurants within walking distance