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

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Friday, December 24, 2010 - Aldergrove real estate market Edmonton

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 ... Full Article...

posted in Edmonton Real Estate Market Reports by Neighbourhood at Fri, 24 Dec 2010 06:04:01 +0000

Thursday, December 23, 2010 - Argyll real estate market Edmonton

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.

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 23 Dec 2010 18:55:05 +0000

Thursday, December 23, 2010 - Ambleside Real Estate Market Edmonton

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.

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 23 Dec 2010 18:52:21 +0000

Thursday, December 23, 2010 - Edmonton housing bubble?

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 ... Full Article...

posted in Metro Edmonton Real Estate market stats at Thu, 23 Dec 2010 18:46:58 +0000

Thursday, December 23, 2010 - Edmonton Real Estate market update November 2010

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 ...

posted in Metro Edmonton Real Estate market stats at Thu, 23 Dec 2010 18:35:25 +0000

Thursday, December 23, 2010 - Inglewood Real Estate market Edmonton

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 ... Full Article...

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 23 Dec 2010 18:28:47 +0000

Thursday, December 23, 2010 - Grovenor Real Estate Market Edmonton

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 ... Full Article...

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 23 Dec 2010 18:25:08 +0000