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Alberta
Edmonton
Spruce AvenueHousing market
Spruce Avenue
Spruce Avenue

Spruce Avenue 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*

11

New

9(+80.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 6, in 2023: 2, 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: 0, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Spruce Avenue - All types

Sold Price Distribution - Spruce Avenue - All types

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

Property Type Distribution - Spruce Avenue - All types

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

Median Price - Spruce Avenue - All types

Just listed - Spruce Avenue

View all
Home with vinyl exterior material, street for NW - 11318 103 ST, Edmonton Alberta T5G2H7
27 days on market
$349,000
NW - 11318 103 ST , Edmonton
Detached22780.92 sq ft
Listed by Century 21 Masters
crea/IMG-E4427281-28069351_1.jpg
29 days on market
$379,000
10517 114 AV , Edmonton
Condo33+11264.97 sq ft
Listed by RE/MAX Excellence
Home with brick exterior material, street for NW - 10117 113 AV, Edmonton Alberta T5G0M8
30 days on market
$404,800
NW - 10117 113 AV , Edmonton
Condo2+14+11302.00 sq ft
Listed by Century 21 Masters

Population and Demographics

Overview

Total population 1582
Average household income $100,612

Age (%)

20 to 34
23%
35 to 49
22%
50 to 64
21%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
46%
Single person
39%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
78%
Tagalog (Pilipino, Filipino)
4%
Yue (Cantonese)
3%
Vietnamese
3%
Others
2%
Spanish
2%
Polish
2%
French
2%
Arabic
1%

House tenancy (%)

Renters
56%
Owners
44%

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

4/5

Some day-to-day needs are within walking distance

Transit Friendly

4/5

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 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

3/5

Variety of restaurants within walking distance