Edmonton Real Estate: 2022 Review

Edmonton Real Estate: 2022 Review

Happy New Year!

As the new year approaches, Michael and I are filled with immense gratitude for all our dear clients, friends and families who have supported us through a monumental journey of creating and starting ICONIC YEG

In our first year of operation, our new Edmonton-based Real Estate company has enabled over 100 people to find or sell their homes in 2022 alone! We've also consistently ranked among RE/MAX's top 15 agents each month - quite an accomplishment that could not have been possible without your support.

What happened in the Edmonton Real Estate market in 2022?  Are you ready for 2023?

There were almost 19,000 sold properties in the greater Edmonton area in 2022. 

With the highest volume of properties being sold before May, the Spring started in January and we anticipate the same for 2023! Are you ready?

Of all the homes sold in 2022, over 70% of them were priced under $500,000.00.  This is an important metric for sellers when preparing for sale as you need to know where the highest volume of buyers are and how to reach them.  Edmonton is an affordable options for anyone planning on buyers or relocating this year, for more information on this, please read more here

As we look ahead and get ready for 2023, there is positive news for buyers looking to maximize their value and options in homeownership.

With over 1000 Single Family homes currently on the market priced BELOW $300,000.  Now is the time to purchase and start investing in yourself and your future.  

If you're looking to move soon whether it be selling your property or renting out space; now is definitely the time to start planning ahead since the spring market has already arrived.

Caitlin Heine


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