What is the Market Statistics in Alberta?

As the Alberta market moves toward more balanced conditions, we are also starting to see the pace of price growth slow. The benchmark home price continued to trend up, but the monthly gain slowed to less than one per cent.

What is the Market Report Summary?

Average sold prices dropped by 3% month-over-month but are still up by 7% year-over-year, Inventory continued to increase for all property types.

Do I really need a REALTORS® when buying a home?

Yes, When buying a home, it’s strongly recommended you have a Alberta REALTOR® . There are many benefits why you should have a screened Alberta real estate agent represent your best interests when buying a home.

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Alberta Housing Market Community Statistics

Find Alberta housing market statistics & community reports. Currently 15,879 active Alberta real estate listings with the highest priced real estate listings around $36,000,000.00 lowest priced property $1 for an average price $1,313,113.59. View Alberta homes for sale photos, community information, sales history updated every 10 minutes and may include open houses. Property types may include detached, single family, luxury homes plus townhomes, Golf course homes, foreclosures, lake homes including Alberta real estate.

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Community Reviews & Trends

The Alberta real estate market continued to be strong in June 2023, with sales and prices remaining at record levels.

* Sales activity trended down over last month but remained in line with the highest levels ever achieved in July. There were 4,245 homes sold in June 2023, down 2.4% from May but up 20.7% from June 2022.

* Year-to-date sales have eased over last year's record levels, but are still 15% higher than long-term trends. So far this year, there have been 24,141 homes sold in Alberta, up from 20,895 homes in the same period in 2022.

* Higher lending rates have cooled some of the demand in the market, but sales have remained relatively strong thanks to the strong migration flows into the province. In June, there were 12,540 new residents who moved to Alberta, up from 10,780 new residents in June 2022.

* At the same time, new listings have been easing across all areas of the province, keeping inventory levels exceptionally low. In June, inventory levels in Alberta eased to 18,443, the lowest July levels reported since 2006.

* Low inventory levels relative to sales has kept the months of supply relatively low at 2.4 months. The persistently tight market conditions have placed upward pressure on home prices since the start of the year.

* While the pace of growth did slow in June, at an unadjusted benchmark price of $483,300, levels remain over two per cent higher than last year and are at new record highs.

The top 10 cities for sales in June 2023 were:

1. Calgary (1,030 sales)
2. Edmonton (935 sales)
3. Red Deer (230 sales)
4. Lethbridge (190 sales)
5. Medicine Hat (170 sales)
6. St. Albert (150 sales)
7. Sherwood Park (140 sales)
8. Airdrie (130 sales)
9. Spruce Grove (120 sales)
10. Okotoks (110 sales)

The outlook for the Alberta real estate market in the coming months is mixed. On the one hand, higher lending rates are expected to continue to cool demand in the market. On the other hand, strong migration flows into the province and low inventory levels are expected to keep prices elevated. Overall, the market is expected to remain strong, but with some moderation in the pace of price growth.

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Alberta Real Estate Market Information

Alberta real estate statistics housing market also features a variety of amenities, unique public attractions local area parks. Compare residents community reviews & ratings with a list of homes coming soon and more. Research community crime statistics, city demographics, beautiful walking paths. Nearby golf course homes, local businesses with zone maps, mortgage rates, past sales history, dates and prices. Explore virtual open house community events, community recreation, apartments for rent plus daily breaking news. View by Map, by area, geography, phone number or a list of schools by subdivision. Locate public schools, catholic schools plus nearby french immersion schools with the best community business directory information available. You’ll always be a part of the action in this vibrant and bustling community with easy access to shops, restaurants, and local parks. Top rated REALTORS® are ready to answer your questions about the neighbourhoods, newest real estate information and more.

Alberta Real Estate - Calgary Stampede 2023

Alberta Community Business Directory

We know the challenges agents and local businesses have faced so starting Now all businesses cann add themselves to our community directory and access new features enabling them to share vital information such as new opening hours, videos, updated ways of operating or delivery options. Screened real estate agents have passed background and license checks conducted by their real estate brokerages on our network. SCREENED agents verifies that their professional licenses are current and that background checks have been completed and are kept up to date. Agents are promoting and highlighting locally owned stores, restaurants, businesses. Alberta REALTORS® believe in giving back to the communities they support and live in. We all do what we can to support local events, charities, associations, schools, churches and local business. All Postings will be manually verified before approval and displayed. We do not guarantee the accuracy or authenticity of the information we collect. Please add useful and complete information beneficial to consumers visiting local Alberta communities for quick approval to our Multi-Channel Community Advertising & Marketing Network.

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Frequently Asked Alberta Community Questions

Here are frequently asked questions about the real estate statistics in local neighbourhoods. You will find frequently asked question about the community of Alberta.

What is the Market Statistics in Alberta?
As the Alberta market moves toward more balanced conditions, we are also starting to see the pace of price growth slow. The benchmark home price continued to trend up, but the monthly gain slowed to less than one per cent.
What is the Market Report Summary?
Average sold prices dropped by 3% month-over-month but are still up by 7% year-over-year, Inventory continued to increase for all property types.
Do I really need a REALTORS® when buying a home?
Yes, When buying a home, it’s strongly recommended you have a Alberta REALTOR®. There are many benefits why you should have a screened Alberta real estate agent represent your best interests when buying a home.

Alberta Community Demographics

Searching for information about the neighbourood of Alberta? For a general estimate of statistics including details on household incomes, age, marital status and population please view the link below.

Currently there are 15,879 homes for sale in Alberta.
The average price of real estate for sale in Alberta is $1,313,113.59.
The highest price of properties for sale in Alberta is $36,000,000.00.
The average square feet of the homes in Alberta is 2,391 sqft.
There are currently homes for lease in Alberta subdivision.

Alberta Overall Rating Community Reviews

Compare Alberta Community Reviews updates daily are authentic and manually verified, coming from those with direct experience of each community or business whether they live there or have a family member there. Our professional business and community reviews often come from actual visits to communities listed. Take all together, our reviews offer you a glimpse of life in communities, to help you know when one feels right for you.

Alberta Community Directory:

Alberta community directory provides a common platform for local businesses, event planners and organized groups to advertise thier information online as well as provide a source of up to date local data for anyone planning, researching during the home buying process. Now you can connect with your community by supporting local associations as well your neighbours by providing more exposure locally to various businesses. We only accept local istings in order to maintain our integrity, support our communities.

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Authentic Alberta Business and Community Reviews

As a participant providing Alberta business and community reviews you should use caution and good judgment when assigning your reviews, ratings and writing customer reviews, comments. While we have our verification and safety protocols in place regarding the Calgary real estate agents displayed, we do not guarantee the accuracy or authenticity of the information we collect. IF you have any questions about this company or website, we encourage you to perform your due diligence before buying. All Surveys are manually approved to maintain the integrity of data contained on this network of Alberta real estate statistics.

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Data supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by Pillar 9™. Trademarks MLS®, Multiple Listing Service® and associated logos owned by The Canadian Real Estate Association (CREA) identify quality of services provided by licensed real estate agents in Alberta who are members of CREA. Used under license. Updated every 10 minutes.