Edmonton is the capital city of the province of Alberta, Canada, and its real estate market can vary depending on the current economic conditions and demand for properties in the area. As of my knowledge cutoff in 2021, the real estate market in Edmonton was showing signs of improvement, with a steady increase in home sales and a healthy inventory of homes for sale.
According to data from the Canadian Real Estate Association (CREA), the average price of a home in Edmonton was around $380,000 in 2021, which was a slight increase from the previous year. However, home prices can vary depending on the location, size, and condition of the property.
In recent years, there has been a trend towards more affordable housing options in Edmonton, with an increase in the construction of townhouses, apartments, and smaller single-family homes. Additionally, there are many new developments being built in the city, offering buyers a range of options when it comes to style and price.
If you're interested in buying or selling a property in Edmonton, it's always a good idea to work with a local real estate agent who can provide you with up-to-date information on the market conditions and guide you through the buying or selling process.