Hello everyone!
I am currently exploring the trends in Edmonton’s housing scene and have some questions. A local agent mentioned that homes are moving fast and are often closing at or even above the listed prices. However, I wonder if this is simply standard industry talk used to secure a listing or a true reflection of market conditions. Has anyone in this community encountered similar experiences or observed these trends firsthand? Your personal insights would be greatly appreciated. Thank you for your help!
hey, i’ve seen fast closings too, seems the market is playing hard. prices above list are mostly real deal, few sellers push for cash. but keep an eye on econ shifts though, things can change quick.
Hey, I’ve noticed similar trends locally. The upward pricing seems real, but I’m curious—is it competitive bidding or true demand? What factors do you think might drive this market and how sustainable could it be over time?
Based on firsthand experience and ongoing observations, the current trend appears to reflect a solid market dynamic rather than a mere sales tactic. The fact that several properties have sold at or above listing price seems to indicate genuine buyer enthusiasm combined with limited inventory. Increased urban development and job growth are contributing factors that add robustness to these trends. While competitive bidding is evident in many cases, the overall market activity suggests that the trend may be sustainable if economic conditions continue to support buyer confidence.