Ellerslie Homes for Sale

The average home sale price in Ellerslie in 2013 reached $406,496.  That is based on a single family detached house sold in the neighbourhood and is a 2.5% increase over the 2012 average sale price. Ellerslie has managed to sell for more in the past on a yearly basis, in 2007 the neighbourhood reached an average selling price of $438,535.  Since 2005, Ellerslie property values have appreciated by 59%.  In 2013, the average time it took to sell a home in Ellerslie was 38 days.  The Edmonton average days on market in 2013 was a little longer at 44 days.  The sale price to list price ratio was 97.7% last year in Ellerslie.  That number shows how much the buyers were able to negotiate off the list price for a home sold in the neighbourhood.  The higher the ratio is, the stronger the market is for sellers. The most affordable home in Ellerslie sold for $286,000 and the highest sale price for a house last year was $845,000.  The fastest any home sold in the neighbourhood was 6 days last year. 

Over the last 90 days, the average sale price for a house in Ellerslie is sitting at $396,878 with an average time to sell of 33 days.  The highest selling price for a home in the area over the last 90 days has been $443,000. 

Looking at the condo market, in Ellerslie the average sale price for a condo in 2013 was $227,925.  The average time to sell a condo in Ellerslie in 2013 was 43 days.  That is faster when you compare that to the Edmonton average days on market of 57 days.  Over the last 90 days in the neighbourhood, the average selling price for a condo was $238,100.

The average selling price for a duplex in Ellerslie in 2013 was $308,713.  The average time it took for duplexes to sell was 29 days. 

Visit Edmonton home prices by neighbourhood for more stats on this neighbourhood and others.  For active listings in the neighbourhood visit Ellerslie Homes for Sale

If you are interested in a no obligation market evaluation on your home click Ellerslie homes for sale.