Selena’s 2025 September Newsletter

Andrew Barrett

2 months ago

Selena News September 2025 Edition

ISSUE: 181

Happy September

I am always amazed at how quickly the leaves change colour here. Mid September and starting to get a few cooler nights and suddenly all the trees turn beautiful yellow. Make sure to get out and enjoy it while you can because it happens so quickly and then just as quick the trees are bare. It is also a sign to start preparing your home for fall maintenance.

Market Update

Last month we said we would be happy if the market stayed flat and our preview for August was fairly busy in terms of activity with prices softening. In the below graph for August you can see this is spot on. Prices did soften slightly from an average of $463k down to $461k but overall is still staying flat which is a sign of a robust market considering August normally slows a lot more than this. Total sales for August is still very healthy at 2380 which shows the buyers are there but diving down into the numbers shows an increase for sales in the more affordable condo and townhouse market.

And still looking at the numbers shows a marked increase in new listings and unsold inventory. Right now it is considered a balanced market (no more crazy multiple offers on day one and you can actually negotiate the price) so it is a decent time to either buy or sell but as the weather gets colder, it will shift towards a buyers market. If you are looking to buy, go get pre-approved and lock in that rate because Bank of Canada lowered it at their recent announcement, and then set up an auto search so you get notified when the right properties get listed.

Life Long Learning

I been learning from Dr John Demartini for last 12 years. I like to go see him when he is in town or close by if he only come to Calgary and seen him several times over last 12 years. He is amazing not just for the value he delivers but he is 71 and still travelling the world giving seminars. I like the breakthrough seminar where he does the Demartini method (a process that involves asking specific questions to reveal both positive and negative sides of any event which leads to a sense of balance and presence) along with finding your values so you can live your life by them. It is really quite transformational but there are many other courses I have done as well including money (wealth building with saving and investing) and I am so grateful for his teaching as it has huge positive impact on my life. Thank you.

Latest Sales Data

Every Month the Edmonton Real Estate Board gathers the latest sales figures sorted by property type, price ranges, listed and Sold. Click the above link to download a copy.

Visit our YouTube channel Selena Andy Talk Real Estate for all kinds of useful information and updates about home buying, selling, maintenance tips and more. Please like and subscribe and share with friends as this really helps support the channel.

Edmonton Fall Home Show

The annual Edmonton Fall Home Show is always a great place to go for inspiration. If you haven’t been yet I suggest to mark it on your calendar and make it a date.

Fionna

School is back and settling into routine but still time for horse shows. She did quite good in this last one and really enjoyed herself.

Disclaimer: Not intended to solicit buyers or properties under contract.
This article contains the opinions of Andrew Barrett and Selena Cheung. Licensed Realtors® with RE/MAX Excellence.
The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service®, and the associated logos are controlled by
The Canadian Real Estate Association (CREA) and identify real estate professionals
who are members of CREA or identify the quality of
services provided by Real Estate professionals who are members of CREA
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