Average Time to Sell a Home in Edmonton

The average time to sell a home in Edmonton in the month of May has been 34 days, over the previous 12 months (May 2013 to May 2014) the average was a little higher at 42 days.  Looking at the fastest selling neighbourhoods in Edmonton can give you an idea of a neighbourhood's popularity.  For the stats below, I only considered neighbourhoods that had 4 or more homes sell in them over the previous 12 months (up to and including the end of May 2014).  Here are the top 20!

Top 20 Fastest Selling Neighbourhoods in Edmonton

Garneau 16.1 days to sell
Tweddle Place 20.8 days to sell.  
Lendrum Place 22.2 days to sell
Royal Gardens 22.3 days to sell
Virginia Park 22.8 days to sell
Central MacDougall 22.8 days to sell
Holyrood 22.9 days to sell
Queen Alexandra 23.5 days to sell
Malmo Plains 23.8 days to sell
Hillview 24.1 days to sell
Elmwood 24.2 days to sell
Ottewell 24.6 days to sell
West Jasper Place 24.6 days to sell
Kildare 24.9 days to sell
Steinhauer 25.3 days to sell
Kensington 25.6 days to sell
Idylwylde 25.9 days to sell
Grandview Heights 26 days to sell
Daly Grove 26.4 days to sell
Duggan 26.5 days to sell

Most of the neighbourhoods continue to be on the south side (13 out of the 20 are neighbourhoods on the south side of the North Saskatchewan river).  Central MacDougall continues to sell briskly, and it is a central Edmonton area that traditionally has been more affordable.  As has been mentioned before, the downtown hockey arena is likely helping this market.  Only one west end neighbourhood made the list and that was West Jasper Place, a neighbourhood popular for infills with the large lots that are predominate in the area.

For more detailed sales statistics broken down by neighbourhood visit Edmonton House Prices by Neighbourhood.
If you are interested in a professional no obligation market evaluation your home, please contact me at average time to sell a home in Edmonton.