Spring is right around the corner and the Edmonton market appears to be shifting with the season. For most property types in the region, sellers are in a favourable position to put their homes on the market. If you want to sell your property, now could be the perfect time to get your real estate goals on track. In this article, your REALTOR® in Edmonton will be going over the current market conditions. Follow along below to learn more about this topic!
Should I Put My Home Up For Sale This Spring?
Last year, the province of Alberta broke several records when it came to migration. While housing prices were skyrocketing in most parts of Canada, Alberta remained relatively affordable. This caused thousands of Canadians to pack up and put down roots in places like Edmonton and Calgary. The large influx of new Alberta residents has resulted in high demand for housing.
In recent months, the housing supply in Edmonton has gone down and demand for property has been increasing. These are tell-tale signs that Edmonton will be heading into a seller’s market come spring.
Any homeowners who have been planning to sell their homes this spring are advised to list sooner rather than later. This means starting to prepare your home now by cleaning, doing repairs, and decluttering. These are the tasks that often take the longest, but can make the biggest difference in a buyer’s impression of your home. Take advantage of the warmer, longer days and start prepping your home so that you can achieve your 2023 real estate goals!
Contact a REALTOR® in Edmonton Now!
REALTORS® in Edmonton are looking forward to a busy spring season in the real estate sector. If you are looking to sell your home, contact me today. I’d be happy to help you navigate the spring market! For more information about buying and selling properties in the area, feel free to reach out. Be sure to check back next month for more real estate-related content. You can also visit my brokerage’s website for additional support. I look forward to working with you in the near future!
