Brander Gardens Real Estate Market Update March 2024

Brander Gardens Real Estate Market Update March 2024

Market Status Highlights


Brander Gardens' real estate market in March 2024 is a beacon for buyers and sellers alike, with Total Residential properties enjoying an 80% listing absorption rate—indicative of a strong seller’s market. Detached homes are even more sought after, hitting a perfect 100% absorption rate, while Apartment Condominiums face a balanced market with a 60% absorption rate.

Benchmark Price Fluctuations


In this dynamic market, Total Residential homes have seen a benchmark price of $250,250, rising 56.41% from February 2024 but showing a year-to-year decrease of 22.35%. Detached homes, with a benchmark of $530,000, and Apartment Condominiums, at $157,000, present opportunities and challenges with their own unique price movements.

Inventory and Sales Pace


Active and sold listings in Brander Gardens tell a story of vibrant market activity. With more sales than active listings for Detached homes, the demand is clear. Apartment Condominiums also show a healthy turnover, suggesting a steady interest in the market.

Sales Velocity


The average days on market (ADOM) in Brander Gardens varies by property type, from a rapid 8 days for Detached homes to a still brisk 25 days for Apartment Condominiums, reflecting the differing paces at which properties are moving in this sought-after neighborhood.


If you’re poised to buy or sell in Brander Gardens' dynamic market, the Gurpreet Ghatehora Real Estate Team at RE/MAX RIVER CITY is your ally. With our proven expertise, recognized consistently as a Top 100 Agent in Canada by Rankmyagent, we ensure your real estate journey is successful. Call us at 780-951-6530 or explore your next steps at Edmontonhomesonsale.com. Serving Edmonton since 2007, we're here to bring you closer to your dream home.

#BranderGardensMarket #March2024RealEstate #EdmontonPropertyUpdate #SellerMarketTrends #RealEstateGrowth #EdmontonHousing #YEGRealty #HomeSalesEdmonton #InvestInBranderGardens #GurpreetGhatehoraExpertise #RemaxRiverCity #EdmontonHomeBuyers #SellWithConfidence #YEGHomesForSale #BranderGardensLiving #EdmontonRealEstateTrends #Top100RealtorsCanada #YEGRealEstateMarket #FindHomeInYEG #BranderGardensHomes