Aldergrove West Edmonton Real Estate
The Aldergrove Edmonton real estate average sale price per square foot has been pretty volatile over the last 3 years. Aldergrove has seen it's average selling price per square foot for single family detached homes fall drastically off the Edmonton average sold price per square foot. A lot of this can be explained by the higher proportion of 2 story and split level homes that were built in Aldergrove. The average sale price per square foot can really drop ...
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Hazeldean Real Estate
The Hazeldean Edmonton real estate average sale price per square foot continues to be strong. In April, Hazeldean has had a high percentage of homes selling over list price. In fact, there have been quite a few go in the $20,000 range over the list price in Hazeldean this spring. I don't expect this trend to slow down. Hazeldean and all the other Mill Creek ravine neighbourhoods are in high demand. The highest sale price for a house in Hazeldean so far in 2012 has ...
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Jackson Heights Millwoods Real Estate
The Jackson Heights Millwoods real estate average sale price per square foot has finally broken above the Edmonton average selling price per square foot this April. Mind you this is only based on April, and it could change as we move further into the second quarter of 2012. The average selling price per square foot in Jackson Heights has spiked in the past for only one quarter and then fall back. Part of the reason that Jackson Heights has a lower ...
Crawford Plains Millwoods Real Estate
The Crawford Plains Millwoods real estate average sale price per square foot has now moved under the Edmonton average selling price per square foot again in April of 2012. Crawford Plains has tended to bounce above and below the Edmonton average sold price per square foot over the last 3 years. Crawford Plains also tends to dip to the lowest level normally in the second half of the year. The highest sale price for a home in Crawford Plains so far in 2012 ...
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Westmount Real Estate
The Westmount Edmonton real estate average sale price per square foot keeps on rising. The Westmount has been fairly consistently over $300 per square foot over the last few quarters. Westmount has only had one quarter in the last 3 years where the average selling price per square foot was less than the Edmonton average. Westmount's real estate market strength is not too surprising considering how close the neighbourhood is to downtown and the river valley. The highest ...
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Blackmud Creek / Soutbrook Real Estate
The Southbrook real estate average sale price per square foot has been outperforming the Edmonton average sold price per square foot for the last couple quarters. So far in April, Blackmud Creek has seen it's highest sale price per square foot over the last 3 years and is approaching $300 per square foot. I expect to see Southbrook continue to exceed the Edmonton average selling price per square foot. The increase in development to the south of this ...
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Haddow Riverbend Real Estate
The Haddow Riverbend real estate average sale price per square foot has been pretty close to the Edmonton average selling price per square foot. Haddow did have a huge first quarter in 2012 on a sold price per square foot basis. April has seen Haddow's average price per square foot slip back to where it has been historically over the last 3 years. The question is why did the average sold price per square foot in Haddow spike so high to start 2012? I looked ...
Macewan Edmonton Real Estate
The Macewan Edmonton real estate average sale price per square foot has consistently been $15 to $20 less than the Edmonton average sold price per square foot except for one quarter in the past 3 years. MacEwan did see the average selling price per square foot exceed the Edmonton average in the first quarter of 2010, but that was the exception. Over the last 2 years, Macewan has been over $240/sq ft on average. I expect to see Macewan to stay close to the ...
King Edward Park Edmonton Real Estate
The King Edward Park Edmonton real estate average sale price per square foot has recovered from a softer end of 2012 and it now shows no signs of weakening in 2012. King Edward Park continues to be a very popular Mill Creek Ravine area neighbourhood. King Edward Park should continue to see the average selling price per square foot rise as more and more homes are renovated or knocked down and infilled. The highest sale price for a home in King Edward Park ...
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Forest Heights Edmonton Real Estate
The Forest Heights real estate market continues to be stronger than the Edmonton market on an average sale price per square foot basis. Forest Heights' average sale price per square foot has consistently been in the $300 plus range, occasionally falling to the $280/sq ft. Forest Heights does have a high number of basement suite eligible homes. The zoning for many homes in Forest Heights allows for 2 or more suites, this makes the area attractive to ...
Delwood Edmonton Real Estate
The Delwood real estate average sale price per square foot has been following the Edmonton average selling price per square foot more closely over the last 3 quarters. Delwood's average sold price per square foot has increased quite a bit from the first couple quarters of 2009. Delwood has increased by roughly $40 per square foot in the last 3 years, while Edmonton's average sale price per square foot has increased by $20. The highest sale price for a house in ...
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Glenora Real Estate Market
The Glenora real estate average sale price per square foot continues to stay in the $350 range as we move further into 2012. Glenora did see it's average selling price per square foot reach over $400 per square foot last year, but has now settle back to roughly $100 per square foot higher than the Edmonton average sold price per square foot. So far in 2012, the highest sale price for a home in Glenora has been $1,600,000. The average time to sell a home in Glenora ...
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Jamieson Place / Hawkstone Real Estate
The Jamieson Place (also includes Hawkstone) real estate average sale price per square foot has continued to follow the Edmonton average selling price per square foot as we move into 2012. Jamieson Place is a fairly diverse neighbourhood when it comes to price ranges. There are older homes, starter homes on narrow lots and newer homes in Hawkstone. This diversity tends to keep the selling price per square foot steady, much like the overall Edmonton ...
Lago Lindo Real Estate
The Lago Lindo real estate average sale price per square foot has been climbing ever higher since the last quarter of 2011. So far in April, the Lago Lindo average sold price per square foot is at it's highest level in the last 3 years. That should be taken with a grain of salt though, April's average is only based on one sale in Lago Lindo and can easily change. The highest sale price for a home in Lago Lindo this year has been $367,000. The average time to sell a ...
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Ritchie Edmonton Real Estate
The Ritchie Edmonton real estate average sale price per square foot has managed to stay in the $300 range for the last couple years. Ritchie's average selling price per square foot had a strong finish in 2011, but has dipped a bit to begin 2012. I expect the Ritchie average sold price per square foot will start to strengthen as we move further into 2012. The popularity of this Mill Creek Ravine area neighbourhood has not diminished and values $692,500. The ...
Canossa Edmonton Real Estate
The Canossa Edmonton real estate average sale price per square foot has now slipped back below the Edmonton average sold price per square foot after the 4th quarter of 2011. The Canossa neighbourhood tends to see it's average selling price per square foot stay around the $250 range over the last 3 years. So far in 2012, the highest sale price for a home in Canossa has been $574,900. The average time to sell a home in Canossa in 2012 has been 52 days. The ...
Montrose Edmonton Real Estate
The Montrose Edmonton real estate average sale price per square foot has had a couple weak quarters and April is also starting soft. Montrose normally is within $20 to $30 per square foot of the Edmonton average, occasionally even exceeding the Edmonton average selling price per square foot. I looked back at the sales, and there was a fair number of tear down properties, homes with no basement or dugout basements and homes close to 118 avenue in Montrose in the ...
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Highlands Edmonton Real Estate
The Highlands Edmonton real estate average sale price per square foot continues to be stronger than the Edmonton average sold price per square foot. Highlands has tended to sell between $280 and $300 per square foot since the beginning of 2011. Over the last few years, the Highlands never seems to get lower than at least $10 per square foot over the Edmonton average selling price per square foot. So far in 2012, the highest sale price for a home in the ...
Parkview Valleyview Edmonton Real Estate
The Parkview Edmonton real estate average sale price per square foot continues to exceed the Edmonton average selling price per square foot by roughly $100 per square foot as we move into 2012. Parkview's average sold price per square foot has been pretty consistent in the $380 range over the last 5 or 6 quarters. The Parkview average sale price per square foot has moved up by roughly 23% since the beginning of 2009. Meanwhile, the overall Edmonton ...
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Twin Brooks Edmonton Real Estate
The Twin Brooks Edmonton real estate average sale price per square foot has generally followed the Edmonton average selling price per square foot. Twin Brooks was really strong in comparison to the Edmonton average sold price per square foot back in late 09 early 2010, but now tends to bounce above and below the Edmonton average. The average sale price per square foot in Twin Brooks in April is actually the Median sale price per square foot in 2012. The ...
Klarvatten Real Estate Market
The Klarvatten Edmonton real estate average sale price per square foot in 2012 has recovered from the softer numbers that were seen in 2011. Klarvatten does have a hard time staying above the Edmonton average selling price per square foot for longer than one quarter. We will have to see if Klarvatten can maintain this level of sale price per square foot this year as it did in 2009. The highest sale price recorded for a house in Klarvatten in 2012 has been ...
Rundle Heights Edmonton Real Estate
The Rundle Heights Edmonton real estate average sale price per square foot has remained within about $15 per square foot of the Edmonton average selling price per square foot. Rundle Heights average sale price per square foot had a couple really strong quarters back in 2009, but now has settled lower and much closer to the Edmonton average. The highest sale price for a home in Rundle Heights so far in 2012 has been $330,000. The average time to sell a home ...
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Prince Charles Edmonton Real Estate
The Prince Charles Edmonton real estate average sale price per square foot has bounced back in April from a slide in the first quarter of 2012. It is interesting that Prince Charles always seems to see it's average selling price per square foot falter around the end of the year or in the first quarter when you look back at the last 3 years. The Prince Charles sold price per square foot does tend to stay very close to the Edmonton average, and doesn't tend ...
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Killarney Edmonton Real Estate
The Killarney Edmonton real estate average sale price per square foot has finally impressively broken above the Edmonton average sold price per square foot in the first quarter of 2012. Killarney's average selling price per square foot has tried to break above the Edmonton average a couple times over the last 3 years, but each time dipped lower in the next quarter. The highest sale price for a home in Killarney so far in 2012 has been $337,800. The average time ...
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Tamarack Edmonton Real Estate
The Tamarack Edmonton real estate average sale price per square foot was moving closer to the Edmonton average sold price per square foot for most of 2011, but has fallen back since the 4th quarter of 2012. April's data for Tamarack, is only based on a few sales, so the average could improve as we move further into 2012. I would expect to see Tamarack return to the $250 per square foot range as Tamarack was able to consistently be in that range for 5 quarters ...
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Meyonohk Millwoods Real Estate
The Meyonohk Millwoods real estate average sale price per square foot has exceeded the Edmonton average selling price per square foot for three consecutive quarters. Meyonohk's average sold price per square foot has been quite consistent too, in the $270 to $275 range. Meyonohk also tends to peak out around $275 per square foot, we shall see if Meyonohk can break through this price ceiling in coming quarters. The highest sale price of a home in Meyonohk in 2012 ...
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Lendrum Place Edmonton Real Estate
The Lendrum Place Edmonton real estate average sale price per square foot has tended to stay in the $300 plus range since the beginning of 2011. The average selling price per square foot in Lendrum Place was at it's highest in the last 3 years at the end of last year. Lendrum Place peaked at $336 per square foot at the end of 2011. I expect Lendrum Place to continue to stay over $300 per square foot, the location of this neighbourhood is very convenient ...
Royal Gardens Edmonton Real Estate
The Royal Gardens Edmonton real estate average sale price per square foot continues to stay higher than the Edmonton average sold price per square foot. Currently, the average sale price per square foot in Royal Gardens is at $305. The general trendline for Royal Gardens has been up over the last 3 years. I expect Royal Gardens to continue to be strong, the neighbourhood has good schools, good access to the Whitemud Freeway and good access to the LRT. The ...
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Beaumaris Castledowns Real Estate
The Beaumaris Castledowns real estate average sale price per square foot has started 2012 strongly. Beaumaris is currently selling for $230 per square foot. The Beaumaris average selling price per square foot can go through some dips due to the higher percentage of split level and two story style homes in the area. Bungalows tend to sell for a higher sale price per square foot, and Beaumaris has a lower percentage of these selling than the overall Edmonton ...
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Sweet Grass Edmonton Real Estate
The Sweet Grass Edmonton real estate average sale price per square foot has been moving upwards and closer and closer to the Edmonton average selling price per square foot. I would expect this pattern to continue, as Sweet Grass should benefit from it's close distance to the Century Park LRT station. Sweet Grass used to be approximately $50 per square foot lower than the Edmonton average, but in recent quarters that gap has lessened. The highest sale price ...
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Bannerman Clareview Real Estate
The Bannerman Clareview real estate average sale price per square foot has remained very close to the Edmonton average selling price per square foot. Other than one quarter in 2009, Bannerman has been generally within $10 to $20 per square foot of the Edmonton average. Bannerman does seem to pullback whenever it gets over the Edmonton average, it doesn't remain higher than the Edmonton sold price per square foot for longer than one quarter. The highest sale ...
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Bellevue Edmonton Real Estate
The Bellevue Edmonton real estate average sale price per square foot has now had 5 consecutive quarters above the Edmonton average selling price per square foot. The general trendline for Bellevue has been up over the last 3 years. Interestingly, the Bellevue average sale price per square foot was at it's weakest in the 4th quarter of 2010 and Highlands (the neighbourhood next door) had it's strongest sale price per square foot in the 4th quarter of 2010. I ...
Queen Mary Park Edmonton Real Estate
The Queen Mary Park Edmonton real estate average sale price per square foot has been quite weak the last 3 quarters. The average selling price per square foot in Queen Mary Park was close to the Edmonton average selling price per square foot for all of 2009 and the first half of 2010. The interesting thing is that this is the opposite what I would expect to be happening in Queen Mary Park. Queen Mary Park is close to the redevelopment site of the Edmonton ...
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Caernarvon Castledowns Real Estate
The Caernarvon Edmonton real estate average sale price per square foot has moved above the Edmonton average selling price per square foot in 2012. Caernarvon tends to follow the Edmonton average very closely over the last few years other than the first quarter of 2010. Caernarvon also does not stay above the Edmonton average sold price per square foot longer than one quarter, it rises above one quarter and then dips below. We shall see if this pattern ...
Glengarry Edmonton Real Estate
The Glengarry Edmonton real estate average sale price per square foot has been quite close to the Edmonton average selling price per square foot over the last few years. There was a low in the third quarter of 2010 for Glengarry, but the neighbourhood has recovered nicely since then. The average sale price per square foot in Glengarry right now in the first quarter of 2012 has been $256, just under the Edmonton average of $258. The average time to sell a home ...
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Edmonton Housing Bubble?
I thought this topic might be interesting because of all the headlines about economic uncertainty in the world today. The question is, ?Are we in a housing bubble in Edmonton?? For the most part, people I speak with are optimistic about the Edmonton/Alberta economy. I do occasionally read or hear bubble talk, the theory that Canada will have a USA style housing meltdown. The Bank of Canada Governor Mark Carney also has been talking about the overheated real estate ...
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March 2012 Edmonton Real Estate Market
The prices have climbed in the Edmonton real estate market in March in two out of the three categories.
Single Family $380,083 up from $375,268 in February
Condo $231,629 down from $234,973 in February
Duplex/Rowhouse $319,020 up from $306,491 in February
The number of sales in March was very average, almost identical to the previous 4 year average of 1522 properties sold.
March sales numbers
Mar 2012 1533
Mar 2011 1503
Mar 2010 1667
Mar 2009 1358
Mar ...
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Gold Bar Edmonton Real Estate
The Gold Bar Edmonton real estate average sale price per square foot has continued to stay over $280 the last 4 quarters. Gold Bar has been over $300/square foot for quite a few quarters over the last 3 years. The popularity of Gold Bar has been due to Gold Bar's river location and it's proximity to Sherwood Park, I expect to see the $300 per square foot number as we move further into 2012. The highest sale price for a home in Gold Bar in 2012 has been ...
Garneau Edmonton Real Estate
The Garneau Edmonton real estate average sale price per square foot has recovered from the lows of the 3rd quarter of 2011. Garneau is now selling at $320 per square foot which is very respectable but is still off the previous highs in the $400 per square foot range. It is interesting to note that the Garneau real estate market tends to peak in the 2nd quarter of each of the last 3 years. We will see if Garneau continues this pattern in the 2nd quarter of 2012. ...
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York Edmonton Real Estate
The York Edmonton Real Estate average sale price per square foot has jumped above the Edmonton average selling price per square foot in 2012. York traditionally has been lower than the Edmonton average sold price per square foot over the last 3 quarters, but this has reversed so far in 2012. This should be taken with a grain of salt, as there has only been one sale in York this year and that is an extremely small sample size. The average time to sell a home in York ...
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