Purrfect Properties Blog

KITTY BITS – January 2013 Edmonton MLS Activity

Kitty Bits  January 2013 Realtors MLS Acitivty in Edmonton

Edmonton Realtors MLS Acitivty Summary for January 2013 – brought to you by Kitty Bits and The CATS MEOW at Re/Max Real Estate.

Here we are in the dead of winter.  Mother nature is taking a break from pollenating flowers in our province and instead she’s filling our mountain peaks and city streets with the blessed white stuff that keeps our water cycle in harmony.  Last week in Edmonton we saw lows in the weather of a freezing Minus 27 degrees (even colder if you count the windchill factor.) Yet with all that cold and snow and with buyers still trying to recover from their Christmas credit card bills we still saw movement in our market.  A little lower than the averages for our province and country, but movement none the less.

THE PRICE RANGE THE MOST HOMES SOLD IN:

$250,000-$299,999 – 140

$200,000-249,999 – 102

$10,000-$99,999 – 96

 

The KITTY BITS above shows some of the more important numbers like

How many homes sold in January in Edmonton.  How many Condos sold in January in Edmonton. How many homes sold over $1 Million?  How many homes are active on the market today?  How many Condos are active on the market today?

What the chart doesn’t show you is that we are deprived of houses to sell.  Normally agents will have quite a few listings at their fingertips to advertize and get SOLD yet we’re all searching for more.  There are about 1000 less properies to sell than normal.  So if you’ve been thinking of selling, in Edmonton, my advice is simple. DON’T WAIT TIL THE SPRING – LIKE EVERYONE ELSE IS.

We need great homes to sell and we need them now.  Our shortage is your benefit.  In the spring, when the saturation hits, prices will go down and so will your profits.  And we all like the word profit, now that’s the Cats Meow in Real Estate.

Comments

comments

Tags: , , , , , , , , , ,