Lago Lindo had 5 single family detached homes sell in the last 90 days. The highest sale price in Lago Lindo in this time was $400,000. In Lago Lindo the average sold price per square foot was $271/sq ft in the last 90 days.
Lago Lindo Real Estate Average Sale Price
Lago Lindo Real Estate Average Days On Market
Lago Lindo Real Estate Average Sold to List Price Ratio
In the last 12 months there were 47 single family detached homes sold. The fastest sale in Lago Lindo in that time was 2 ...
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12 single family detached homes sold in Ritchie in the last 90 days. The highest sale price in Ritchie in this time period was $395,000. The average sale price per square foot in Ritchie was $314/sq ft in the last 90 days. The average days on market and sold to list price ratio is almost identical for Ritchie and Edmonton. The average sale price is lower in Ritchie, although it is an attractive area for first time buyers and also due to Ritchie's close proximity to Mill Creek ...
The Canossa nighbourhood in Castledowns, had 7 homes sell in the last 90 days. The highest sale price in Canossa in this time period was $437,500. The average sale price per square foot in Canossa in the last 90 days was $255/sq ft.
Canossa Real Estate Average Sale Price
Canossa Real Estate Average Days On Market
Canossa Real Estate Average Sold to List Price Ratio
In the last 12 months, the highest sale price for a single family detached home in Canossa was $522,000. The fastest sale in ...
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The Montrose neighbourhood had 11 single family detached homes sell in the last 90 days. The highest sale price in that period in Montrose was $355,000. The time to sell a home in Montrose, and the average sold to list price in Montrose are both very close to the Edmonton average. The average sale price in Montrose is much lower than the Edmonton area. The average sale price per square foot in Montrose in the last 90 days was $265/sq ft.
Montrose Real Estate Average Sale Price
Montrose Real ...
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There were 4 homes sold in the last 90 days in the Highlands. The highest sale price for a single family detached home in the Highlands in this time period was $778,000. The days on market average was higher in the Highlands than in the rest of Edmonton. Not too surprising considering the higher average sale price (and therefore smaller pool of buyers) that exists in the Highlands area.
Highlands Real Estate Average Sale Price
Highlands Real Estate Average Days On Market
Highlands Real ...
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There were 11 homes sold in Parkview in the last 90 days. The highest sale price for a single family detached home in Parkview in this period was $877,000. The average sale price per square foot in Parkview was $315/sq ft. The average days on market was higher in Parkview versus the Edmonton average, and the sold to list price ratio was lower. This is to be expected due to the fact that the average sale price in Parkview is substantially higher than Edmonton. The east area of Parkview or ...
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In Silver Berry the average sale price per square foot has been remarkably strong. The average sale price per square foot in Silver Berry has remained stable at $242/sq ft for the last 3 quarters. Comparing Silver Berry to Edmonton, Edmonton's average sale price per square foot has fallen from $272/sq ft to $261/sq ft in the last 3 quarters of 2010.
For more detailed real estate information on Silver Berry, please don't hesitate to contact me.
Twin brooks had 12 single family homes sell in the last 90 days. The average sale price per sq ft in that period in Twin Brooks was $260/sq ft. The highest sale price in the last 90 days in Twin Brooks was $768,000.
Twin Brooks Real Estate Average Sale Price
Twin Brooks Real Estate Average Days On Market
Twin Brooks Real Estate Average Sold to List Price Ratio
In the last 12 months, Twin Brooks had 55 single family homes sell. The fastest sale was in 8 days in Twin Brooks, and the ...
Klarvatten had 7 single family homes sold in the last 90 days. The highest sale price for a home in Klarvatten in the last 90 days was $520,000. The sale price per sq ft in Klarvatten in the last 90 days was $232/sq ft.
Klarvatten Real Estate Average Sale Price
Klarvatten Real Estate Average Days On Market
Klarvatten Real Estate Average Sold to List Price Ratio
In the last 12 months the highest sale price in the Klarvatten neighbourhood was $655,000. The fastest sale in Klarvatten was in ...
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Ottewell had 6 single family homes sell in the last 90 days. The highest sale price in Ottewell was $350,000. The average sale price per square foot in Ottewell was $278/sq ft.
Ottewell Real Estate Average Sale Price
Ottewell Real Estate Average Days On Market
Ottewell Real Estate Average Sold to List Price Ratio
In the last 12 months, Ottewell had 63 single family homes sell. The fastest sale in Ottwell was 6 days. The highest sale price in the last 12 months in Ottewell was $445,000. ...
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The Ellerslie area saw 15 single family home sales in the last 90 days. The highest sale price in that period in Ellerslie was $404,000. The average sale price per sq ft was $235/sq ft. The days on market in Ellerslie is stronger than the Edmonton average, and the average sale price in Ellerslie is very close to Edmonton's average.
Ellerslie Real Estate Average Sale Price
Ellerslie Real Estate Average Days On Market
Ellerslie Real Estate Average Sold to List Price Ratio
In the last 12 ...
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Hollick Kenyon saw 10 homes sell in the last 90 days. The average days on market was stronger in Hollick Kenyon than in the rest of Edmonton in this quarter. The highest sale price in Hollick Kenyon in the last 90 days was $440,000. The average sale price per sq ft in Hollick Kenyon was $240/sq ft.
Hollick Kenyon Real Estate Average Sale Price
Hollick Kenyon Real Estate Average Days on Market
Hollick Kenyon Real Estate Average Sold to List Price Ratio
In the last 12 months, the highest ...
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Cumberland also known as Skyview, has outperformed the overall Edmonton real estate market in the last 3 months. There were 12 single family homes sold in Cumberland in the last 90 days. The highest sale price in Cumberland in the last 90 days was $500,000. The average sale price in Cumberland Skyview of $385,150 was higher than the Edmonton average.
Cumberland Real Estate Average Sale Price
Cumberland Real Estate Average Days On Market
Cumberland Real Estate Average Sold to LIst Price ...
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Terwillegar South had 25 single family homes sell in the last 90 days. The highest sale price in Terwillegar South was $625,000 in that time. The average sale price in Terwillegar South is strong at $435,439, and the sales price to list price ratio in Terwillegar South is also very high in comparison to the rest of Edmonton.
Terwillegar South Real Estate Average Sale Price
Terwillegar South Real Estate Average Days On Market
Terwillegar South Real Estate Average Sold to LIst Price Ratio
In ...
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Wild Rose outperformed the rest of Edmonton in everything except for average sale price. There were 13 sales in Wild Rose in the last 90 days. The highest sale price for a single family detached home in Wild Rose in that time was $425,000. The days on market in Wild Rose is quite low at 34 days to sell.
Wild Rose Real Estate Average Sale Price
Wild Rose Real Estate Average Days On Market
Wild Rose Real Estate Average Sold to LIst Price Ratio
Over the last 12 months, the highest sale price ...
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Kiniski Gardens had 22 single family homes sold in the last 90 days. The highest sale price in the last 90 days in Kiniski Gardens was $375,000. The average sale price in Kiniski Gardens was an affordable $292,863 in this time period.
Kiniski Gardens Real Estate Average Sale Price
Kiniski Gardens Real Estate Average Days On Market
Kiniski Gardens Real Estate Average Sold to List Price
In the last 12 months in Kiniski Gardens, the highest sale price was $567,500! The fastest sale in ...
Terwillegar Towne had 18 single family homes sell in the last 90 days. The highest sale price in Terwillegar Towne in the last 90 days was $720,000. The average sale price in Terwillegar Towne is higher compared to the Edmonton average.
Terwillegar Towne Real Estate Average Sale Price
Terwillegar Towne Real Estate Average Days On Market
Terwillegar Towne Real Estate Average Sold to List Price Ratio
In the last 12 months, Terwillegar Towne had 106 single family homes sell. The highest sale ...
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The Rutherford neighbourhood had 13 single family homes sell in the last 90 days. The high sale price in Rutherford in 90 days was $490,000. The days on market in Rutherford is pretty well a carbon copy to Edmonton's average days on market of 56. The average sale price in Rutherford is quite a bit higher in Edmonton, which isn't surprising considering the location of Rutherford (Southwest) and the larger homes that are built here.
Rutherford Real Estate Average Sale Price
Rutherford Real ...
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The City of Edmonton has released figures that single family homes have went up in value 9% from July 1, 2009 to July 1, 2010. The truth is that the average sale price for a single family detached home went up 6%. Here is the real increase based on sales data from the REALTORS® Association of Edmonton.
Average Sale Price SFD in Edmonton:
June 2009 $382,495
June 2010 $406,050 = 6% increase
The City of Edmonton has also come out with figures showing condos have went up 6%. Again here is the ...
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The official stats have come out from the REALTORS® Association of Edmonton for the December real estate market. The December numbers in 2010 are very similar to December 2009. The sales were a little off at 784 vs 881 sales in December 2009. The number of new listings for the month were very close: December 2010 1110 new listings, December 2009 1051 new listings.
The sale to listing ratio was stronger in December due to the lower number of new listings. It was 70% versus the year end ...
Lymburn had 12 single family detached home sales in the last 90 days. The highest sale price in the last 90 days in Lymburn was $365,000. The average sale price in Lymburn was $329,386.
Lymburn Real Estate Average Sale Price
Lymburn Real Estate Average Days On Market
Lymburn Real Estate Average Sold to List Price Ratio
In the last 12 months Lymburn had 44 single family detached home sales. The highest sale price in Lymburn in the last 12 months was $448,000, and the fastest sale in Lymburn ...
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Silver Berry is an interesting neighbourhood. The sale price, days on market and sold to list price ratios in Silver Berry are all almost identical to the overall Edmonton average. There were 22 single family detached homes sold in Silver Berry in the last 90 days.
Silver Berry Real Estate Average Sale Price
Silver Berry Real Estate Average Days On Market
Silver Berry Real Estate Average Sold to List Price Ratio
There were 131 single family detached homes sold in Silver Berry in the last ...
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Glastonbury consists of the Grange and Parkland areas. There were 28 sales in the last 90 days in Glastonbury. The average sale price in Glastonbury was higher than the Edmonton average, and Glastonbury also had a higher sales to list price ratio which shows the areas strong demand.
Glastonbury (Grange, Parkland) Real Estate Average Sale Price
Glastonbury (Grange, Parkland) Real Estate Average Days On Market
Glastonbury (Grange, Parkland) Real Estate Average Sold to List Price ...
Balwin had 4 homes sold in the last 90 days. Balwin does have a wide variance in value as you move from the lower priced east side to the west side of Balwin. Therefore the averages can be a bit misleading depending on where the home is located in the Balwin neighbourhood. Balwin real estate is still an excellent value depending on location. The low days on market in Balwin reinforce the affordability versus the overall Edmonton real estate market.
Balwin Real Estate Average Sale Price
Balwin ...
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There were 4 homes sold in Bannerman in the last 90 days. I've attached the graphs showing the average sale price, average days on market, and average sale price to list price ratio for Bannerman single family detached homes.
Bannerman Real Estate Average Sale Price
Bannerman Real Estate Average Days On Market
Bannerman Average Sale to List Price Ratio
For more detailed information on the Bannerman real estate market please don't hesitate to contact me.
There were 4 detached homes sold in Avonmore in the last 90 days. The lower days on market in Avonmore reflect the area's appeal and accessibility to the ravine. The higher sale price to list price ratio for Avonmore real estate also reflects the desirablility of Avonmore.
Avonmore Real Estate Average Sale Price
Avonmore Real Estate Average Days On Market
Avonmore Real Estate Average Sale to List Price Ratio
In the last 12 months there has been 23 single family detached homes sold in ...
There were 6 sales in Beacon Heights in the last 90 days. The average price is much lower in Beacon Heights mainly due to homes selling that were closer to 118 avenue. The days on market and higher average sale to list price for Beacon Heights real estate reflects the high affordability of this area versus the rest of Edmonton for first time buyers and investors.
Beacon Heights Real Estate Average Sale Price
Beacon Heights Real Estate Average Days On Market
Beacon Heights Real Estate Average ...
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Baturyn in the Castledowns area, had 3 homes sell in the last 90 days. Baturyn is an affordable area with many starter homes in the active $300,000 price range. Baturyn also has a much lower days on market average which reflects the affordability of this area. Lastly the average sale to list price for Baturyn real estate is also much stronger than the rest of Edmonton. The highest sale price in Baturyn in the last 90 days was $312,000.
Baturyn Real Estate Average Sale Price
Baturyn Real Estate ...
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Brintnell had 20 single family homes sold in the last 90 days. The high sale price was $444,250 in Brintnell in the last 90 days. The average sale price in Brintnell is very close to the Edmonton average sale price. The location of Brintnell near the LRT is a strong influence on this relatively new area's value.
Brintnell Real Estate Average Sale Price
Brintnell Real Estate Average Days On Market
Brintnell Real Estate Average Sale Price to List Price Ratio
The highest sale price for a single ...
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Summerside saw 17 single family homes sold in the last 90 days. The high sale price was $607,000 in Summerside in that time period. The average sale price in the Summerside is quite a bit higher than the Edmonton average. Executive homes near the lake in Summerside definitely helps the neighbourhood's property values.
Summerside Average Sale Price
Summerside Average Days on Market
Summerside Average Sale Price to LIst Price Ratio
Summerside in the last 12 months had 100 single family homes ...
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The Hamptons had 21 single family homes sold in the last 90 days. The high sale price was $672,000 in the Hamptons in that time period. The average sale price in the Hamptons is a higher than the Edmonton average. Hamptons also includes the new area Copperwood, which consists of executive homes and pulls the Hamptons average up.
Hamptons and Copperwood Real Estate Average Sale Price
Hamptons and Copperwood Real Estate Average Days on Market
Hamptons and Copperwood Real Estate Average Sale ...
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Bearspaw had 4 single family homes sold in the last 90 days. The high sale price was $470,000 in Bearspaw in that time period. The average days on market in Bearspaw is a higher than the Edmonton average, but that is due to the higher average sale price and therefore smaller pool of buyers.
Bearspaw Real Estate Average Sale Price
Bearspaw Real Estate Average Days On Market
Bearspaw Real Estate Average Sale price to List price
In the last 12 months there has been 13 single family sales in ...
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Sherbrooke saw 3 single family home sales in the last 90 days. The highest sale price in Sherbrooke was for $280,000. The average days on market in Sherbrooke was quite close to the overall Edmonton average. The high sale price to list price ratio in Sherbrooke highlights the fact that although this area is affordable there is high demand for the area.
Sherbrooke Real Estate Average Sale Price
Sherbrooke Real Estate Average Days on Market
Sherbrooke Real Estate Average Sales Price To List ...
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There were 10 sales in Aldergrove in the last 90 days. The high sale price for Aldergrove single family homes was $429,500. The average days on market was slightly better in Aldergrove than in the rest of Edmonton.
Aldergrove Real Estate Average Sale Price
Aldergrove Real Estate Average Days on Market
Aldergrove Real Estate Average Sale Price to LIst Price Ratio
The highest sale in Aldergrove in the last 12 months was for $635,000! The fastest sale in Aldergrove was in 2 days. There ...
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Argyll activity for the last 90 Days (as of Dec 23, 2010). The average sale price in Argyll is a less than Edmonton for the last 90 days. This is mainly due to a small number of sales (3). The days on market in Argyll reflect the high level of interest in this area. If you have any questions or would like more detailed information please don't hesitate to contact me.
I've attached some graphs comparing market statistics for the Ambleside real estate market for the last 90 days versus the whole City of Edmonton to give some perspective. Ambleside has an average sale price much higher than the overall Edmonton average. If you have any questions or would like more detailed information please don't hesitate to contact me. Ambleside real estate stats are as of December 23, 2010.
There is a recent study from Canadian Centre for Policy Alternatives that suggests that Edmonton is in a housing bubble. The article states that we our prices should be a lot lower based on an inflation adjustment from the prices of 1980 to 2000. The main flaw in this study is that it bases todays values on housing values from the 80's and 90's. In the 80's and 90's Edmonton real estate was severely depressed in relation to the rest of Canada. Edmonton was hit by two shocks. The National Energy ...
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Overall the market has some positive signs in November. We sold 1120 properties this month. To give some perspective here are previous November's sales:
Nov 2009 1261 soldsNov 2008 891 solds (Financial crisis period)Nov 2007 1223 soldsComparing 1120 sales to previous years we are right on the average of the previous 3 years of 1125 sales. The sales were actually higher in November than in October. That is another positive sign.
November new listings were 1860. Again looking at previous ...
Inglewood is a neighbourhood that I have done a lot of work in over the years. I've sold many homes in this area that borders Westmount, and always enjoy the diverse age range of properties in the Inglewood neighbourhood. It has the advantage of the convenient central location plus access to the Yellowhead is only a few blocks away. The added perk is that the average price for Inglewood is 25% less than Westmount (approximately $100,000). I've attached a couple graphs specific to Inglewood.
The ...
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Grovenor is a shoulder area that borders some of the most expensive homes in Edmonton. Having Glenora and Crestwood as neighbours certainly helps bring the property values up! Over the years selling homes in Grovenor, I have enjoyed watching the area transition from one of high rental homes to one of owner occupied dwellings. The first graph shows the average sale price per sq ft going back to the first quarter of 2009 for Grovenor detached homes. As you can see, the price per sq ft has been ...
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Sales strong, inventory rising, stable prices
The number of sales according to The REALTORS Association of Edmonton for April was 1740 homes. Last April (2009) we had 1849 homes change hands. So, the sales are strong considering the change in mortgage rules that came into effect on April 19th.
The inventory is up to 8056 properties for sale. This is higher than our peak last year. In 2009 we peaked out at 7539 properties for sale. This increase in inventory caused our prices to stabilize. ...
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posted in General
at Wed, 05 May 2010 03:32:03 +0000
Prices strong, inventory rising in April 2010
Our sales were strong in April, over 1800 homes sold. The prices slipped very little from March. A single family dwelling in Edmonton is selling for $383,564 in April 2010. Condos are at $253,240. The only concerning sign is the building inventory. As of April 29, 2010 the inventory is sitting at 7994. We normally see about 500 homes expire at the end of the month (come off the market). So, we should be around 7500 for an inventory level. ...
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posted in General
at Sat, 01 May 2010 05:54:05 +0000