Granville_EDMO Housing Market Statistics
Searching for Granville_EDMO housing market statistics in Granville_EDMO on February 4, 5:27am? Trusted Granville_EDMO Neighbourhood Experts community of Top Granville_EDMO real estate agents provide comprehensive housing market reports, trends, prices and sales data. Our monthly analytics insights into the Granville_EDMO housing market, including supply and demand, housing prices, and affordability.
We analyze Granville_EDMO housing market statistics every 10 minutes, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Granville_EDMO.
Frequently Asked Questions
As of January February 4, 5:27am the Granville_EDMO Real Estate reports:
- Active properties for sale
- Highest priced property
- Lowest priced property
- Average price
Yes, Granville_EDMO remains a strong sellers market with:
- Inventory: 1.5 months supply (balanced markets need 4-6)
- Sales-to-list ratio: 75% (above 60% indicates seller's market)
- Price reductions: Only 18% of listings reduce price
According to CREB's 2025 Q2 report, top areas by demand:
| Area | Price Range | Days on Market |
|---|---|---|
| Evanston (NW) | $500k-$700k | 9 |
| Auburn Bay (SE) | $600k-$900k | 11 |
| Bridgeland (Inner City) | $400k-$1.2M | 14 |
Despite Bank of Canada's 5% policy rate (September 2025):
- Calgary sales volume remains 12% above 5-year average
- 55% of buyers are opting for adjustable-rate mortgages
- New stress test rules allow 1% lower qualifying rate for insured mortgages
Alberta Programs:
- First Home Savings Account (FHSA): $8,000/year contribution limit
- Alberta Home Buyer Program: 5% shared equity (max $50,000)
- City of Calgary Rebates: Up to $5,000 for energy-efficient homes
- Reduced Transfer Tax: $0 on first $450,000 for homes under $600k
Market indicators suggest:
- Price forecast: CREB predicts 6-8% appreciation through 2025
- Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
- Construction: Only 2,800 new units expected in 2025 Granville_EDMO area (demand for 5,000+)
Most analysts recommend buying if you plan to hold for 5+ years.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200-$5,000 |
| Home Inspection | $400-$700 |
| Legal Fees | $1,000-$2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
Granville_EDMO Housing Market Trends
The Granville_EDMO housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
Granville_EDMO Pre-Construction
Granville_EDMO pre-construction developments such as condo, townhomes and detached homes available or coming soon in Granville_EDMO Granville_EDMO, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
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