June 2024 Real Estate Market Update | Edmonton Homes For Sale
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June Real Estate Market Report: Edmonton, Alberta
June 2024 witnessed a mix of highs and lows in the Edmonton real estate market. A total of 2,847 residential unit sales were recorded, reflecting an 11.4% drop from May 2024, but interestingly, a 10.0% rise from June 2023. Although new residential listings saw a 14.2% plunge from May 2024, they were nonetheless 2.6% higher than June 2023.
From a type-of-residence perspective, detached units’ sales fell by 12.3% from the previous month but were 4.5% higher year-over-year. Semi-detached units witnessed a 5.9% decline month-over-month, but a year-over-year increase of 7.4%. Similarly, Row/Townhouse unit sales dropped by 6.5% compared to May 2024 but saw a significant year-over-year surge of 37.2%.
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