The Parkview / Valleyview neighbourhood vastly outperformed the Edmonton real estate market with sold price per square foot. This is not too surprising considering the demand for this prime centrally located river neighbourhood. The Parkview area didn't start too fall until the last quarter of 2010, although it was softer in the last 3 quarters of 2009 versus the Edmonton averages. Part of this can be explained by higher priced larger homes selling in this stronger market time period. The larger homes do sell lower per square foot than a smaller 800 sq ft bungalow for example.
For a 90 day sales report on the Parkview real estate market including more pricing graphs click here. If you would like more detailed information on the Parkview real estate market, or to determine your home's value, please don't hesitate to contact me.