Purrfect Properties Blog

Archive for April, 2018

April 2018 – #YEG Real Estate Market Reports

Friday, April 6th, 2018
YEG Real Estate Market Report - April 2018

YEG Real Estate Market Report – April 2018

The Residential selling price in Edmonton has creeped up over the years, this month sitting at $374,264 a 0.77% increase year over year and down 0.03% from last month.  The market is warming up, just like the outdoors.

Residential single family dwellings with an average selling price of $444,091 have increased 1.06% over last year and 0.43% over last month.

Condo dwellings, not such good news for us, but it could be worse, year to year we have dropped 3.47% to $243,212, down from last month as well.

Rowhouses and Duplexes are sitting at an average of $349,537 down 0.53% from last year and down 1.44% from last month.

Highest sales for March?

Single Family – $2,610,000

Condos – $1,279,500

Duplex/Rowhouse – $944,000

Average days on market?

Single Family: 49 Days, down two from last year

Condos: 67 Days, down five from last year

Duplex/Rowhouse: 61 Days, creeping up 4 days from last year

Quantity of New Listings?

3,459 new listings for a total of 7,963 listings on market, an increase year over year of 13.26%. Anyone who tells you there aren’t enough listings in Edmonton, does not know the market at all.  Watch out for all those claims on postcards and in the news folks.

Sales in March?

1,294 sales – which shows 6.15 Months of inventory on market, definitely a buyers market.

Price your homes right.  It will matter.

Doing our Part for the Community

Monday, April 2nd, 2018
Remax and the Stollery Childrens Hospital

Remax and the Stollery Childrens Hospital

The Stollery Children’s Hospital Foundation is a proud member of Children’s Miracle Network. This is a non-profit organization dedicated to saving and improving the lives of children in local communities. It raises funds for more than 170 children’s hospitals, 14 of which are in Canada.
The Foundation’s relationship with Children’s Miracle Network brings with it many special partnerships with national corporate partners, who make a big difference in the lives of children each year through their fundraising efforts.
When you see the Children’s Miracle Network balloon symbol in Edmonton and northern Alberta, that event or activity is raising funds for the Stollery Children’s Hospital.  We hope you’ll support these programs and help us to send more children home each year.

How Does a REALTOR® know it is Spring?

Monday, April 2nd, 2018
How does a REALTOR® know it's Spring?

How does a REALTOR® know it’s Spring?

Her last three deals were all #multipleoffers … lol #yegre #remaxhustle #realtorlife

14621 – 121 Street – Pending in #YEG – #YEGRE

Monday, April 2nd, 2018
14621 - 121 Street - Pending in #YEG - #YEGRE

14621 – 121 Street – Pending in #YEG – #YEGRE

 

 

purrfect_properties_edmonton #pending #yegre #remaxhustle #realtorlife #springmarket #realty #callaghan #Caernarvon

Thanks to great work from Shelley Confurious of Professional Realty Group.

 

So happy that these clients can finally move onto their dream home in Calgary.  Deposit is in and now we hurry up and wait.

 

Remax #YEG Market Share – 2017 Year Totals

Sunday, April 1st, 2018
Remax #YEG Market Share - 2017 Year Totals

Remax #YEG Market Share – 2017 Year Totals

Wondering who you should list or buy your home with?  I hope this chart helps you to make an informed decision.  Do the numbers show a good return on your investment as the Seller or Buyer?  Will you have an experienced Agent?

RE/MAX – 975 Members – 43.75% Total Market Share

Royal Lepage – 346 Members – 10.71% Market Share

Realty Executives – 111 Members – 9.22% Market Share

Century 21 – 317 Members – 7.65% Market Share

Maxwell Realty – 496 Members – 5.54% Market Share

Homes & Garden – 224 Members – 1.98% Market Share

Comfree – 14 Members – 1.97% Market Share

Now Real Estate – 106 Members – 1.72% Market Share

2% Realty – 23 Members – 1.35% Market Share

Coldwell Banker – 40 Members 1.29% Market Share

 

Whether buying or selling your home, you have several decisions to make.

Should you work with a REALTOR®? Which real estate company will provide the best value? Which REALTOR® within that company will be best suited to help you through the process?

We reached out to the RE/MAX Influencers: A panel consisting of RE/MAX Sales Associates from throughout Canada. We asked them: Why should a consumer work with RE/MAX when he/she has so many options out there?

The Brand

Chances are, you would have a hard time finding someone who has never heard of “RE/MAX.” With 100,000 Sales Associates in nearly 100 countries worldwide, the RE/MAX name—along with the iconic balloon—represents a professional organization that has become an industry leader.

RE/MAX also advertises through many mediums, including: Television, print, online and physical signs such as NHL rink boards. This high level of exposure will go to work for you when listing your property. Many RE/MAX Sales Associates are also affiliated with the Children’s Miracle Network; therefore, the sale of a RE/MAX Miracle Home will help support your local children’s hospital. According to ComScore, RE/MAX Canada also leads other real estate brands with its significant traffic to remax.ca.

“In an uncertain market, consumers become less speculative. Instead, they rely on proven brands to reinforce their efforts to manage one of their most important investments. They rely on the experience and expertise that has made RE/MAX one of the most recognizable brands in the real estate world.”

Sales Associates

RE/MAX Sales Associates have the experience to get the job done in today’s market.

The vast majority of our membership are full-time agents who are experts in their local communities. They work hard and are committed to help their clients through the home buying or selling process. *RE/MAX agents sell more real estate than any other Canadian brand.

“RE/MAX is often a collection of the top REALTORS® in any given marketplace. RE/MAX also has an international network: This type of network could be where the buyer of my client’s home comes from.”

Training and Support

RE/MAX supports all of its Sales Associates with comprehensive training and ongoing support.

Our affiliates are highly skilled and educated, and they have the latest tools and technology at their fingertips. They are motivated to put this knowledge and experience to work for you!

*Source: MMR Strategy Group study to RE Buyers & Sellers