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Jason Thomas BCom
Royal Lepage Summit Realty
2611 Ellwood Dr S.W., Edmonton, Alberta
P: 780.499.5696
F: 780.431.1600

Tuesday, October 11, 2016 - Malmo Plains Homes For Sale


Malmo Plains Homes for Sale In Edmonton

Click on Malmo Plains homes for sale for all the current MLS® listing of houses, townhomes, duplexes and condos for sale in this popular south side Edmonton neighbourhood.  As we complete 2016, the average selling price for a single family detached house in Malmo Plains for the year is now sitting at $442,401.   That is down from 2015, at the end of the year Malmo Plains had an average sale price of $453,240.  These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the high end / luxury price segment of the Malmo Plains Edmonton real estate market, the highest price that a home sold for so far in 2016 has been $558,000.      At the entry level end of the market for Malmo Plains Edmonton,  the most affordable home in the neighbourhood this year that sold, sold for $347,500.  This home sold for more than list price and was in multiple offers.   On average it has been taking 34 days to sell a home in Malmo, Edmonton this year. That is faster than the Edmonton average days on market of 39 days in 2016, however that is slower than the average days on market in Malmo Plains last year which was 23 days.  Going back to 2009, Malmo Plains real estate property values have increased by 21%.
Moving over to look at the condo market in Malmo Plains in 2016, the average selling price for a condo has been $297,500.  The highest price that a condo has sold for this year in Malmo Plains has been $305,000.  On average, it takes 43 days to sell a condo in Malmo this year.  The condo complexes in Malmo Plains that have had units sell in them this year include the Californian Lansdowne.

Malmo  Plains homes for sale price graph

posted in Edmonton Real Estate Market Reports by Neighbourhood at Tue, 11 Oct 2016 19:36:29 +0000



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Data last Updated: 2024-07-12 at 13:26:51 GMT America/Edmonton
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