Ritchie Mill Creek Home Sale Prices

The Ritchie Mill Creek home sale price per square foot continues to sell well above $300 per square foot.  So far in April and May of 2013, Ritchie is selling at it's highest price per square foot since one quarter in 2009.  I expect the Ritchie selling price per square foot to continue to climb and also to remain $40 or more per square foot higher than the Edmonton average.  Ritchie had 11 of the 41 sales over the period of May 2012 to April 2013 sell for 100% of list price or higher.  That is 27% of the sales in Ritchie were likely involved in a multiple offer.  This testifies to the Ritchie neighbourhood's popularity.  The Edmonton ratio of 100% of list price or higher sale price is down at 10.9% of the sales.  The highest selling price for a house in Ritchie in the last 12 months was $760,575.  The average time to sell a home in Ritchie in 2013 has been a brisk 28 days.  That is much quicker than the Edmonton average days on market in 2013 of 42.

To view graphs on other Edmonton neighbourhoods visit Edmonton Selling Prices by Neighbourhood.  For more information about the area visit Ritchie Neighbourhood. If you are interested in a no obligation market evaluation on your home click Ritchie Mill Creek Home Sale Prices