When looking across the province, Edmonton is the 43th most expensive in Alberta.
When our research team crunched the numbers we calculated that Edmonton has a median home price of $259,900.
If you’re looking at investment properties in Edmonton, then you’re most likely to find homes with 2 bedrooms on sale this month.
From our data, it appears that neighbourhood is number 2nd when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.
When we look at the data we have, it can help with trying to establish whether or not Edmonton is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Edmonton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 2535, this month we show 2106.