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Archive for the ‘Alberta Real Estate’ Category

Just Sold in Caernarvon Keep – Edmonton

Saturday, May 12th, 2018
Just Sold in Caernarvon Keep - Edmonton

Just Sold in Caernarvon Keep – Edmonton

Congratulations to Helen and Thomas on the sale of their Landmark built condo in Caernarvon, Edmonton.  This sale was part of a brookfield relocation.  Have you ever heard of brookfield?  No, not the condo developer… lol  Brookfield has quite a lot of government departments under their wings, like military and police.  Some of us REALTORS® have signed up to be one of their designated agents to help those needing to get the move done and at a bit of a reduced fee.  I have no problem serving the men and women who keep our communities safe and clean.  Thanks to Paige Bourgeois of Remax River City for doing her job well, and for generously doing, what other agents could not.

I salute you!

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May 2018 – Edmonton Real Estate Market Stats

Saturday, May 12th, 2018
May 2018 Edmonton Real Estate Market Stats

May 2018 Edmonton Real Estate Market Stats

*Stats as of April 30, 2018

The snow is gone and the sales are coming.  The Edmonton residential real Estate average is sitting at a lovely $369,258. Down year over year by 2.48% and up 1.43% from last month.

Residential single family dwellings with an average selling price of $429,116 have decreased 2.39% from last year and increased 1.29% over last month.

Condo dwellings, continuing on a downward trend, dropping 2.39% to $247,405, yet increased 5.63% from last month as well.

Rowhouses and Duplexes are sitting at an average of $323,906 down 9.48% from last year and down 7.33% from last month.

Highest sales for April of 2018?

Single Family – $1,440,000

Condos – $850,000

Duplex/Rowhouse – $597,500

Average days on market?

Single Family: 52 Days, up four from last year

Condos: 66 Days, up six from last year

Duplex/Rowhouse: 59 Days, down five from last year.

Quantity of New Listings?

3,470 new listings for a total of 8,788 listings on market, an increase year over year of 10.97%. 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.

How many Sales in April 2018?

1,555 sales – which shows 5.65Months of inventory on market, definitely a buyers market.

Price your homes right.  It will matter.

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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

9746 – 72 Avenue – Listed and Sold in just 48 hours!

Wednesday, March 21st, 2018

Ritchie – Edmonton

just listed in Edmonton, Purrfect Properties, Re/Max Real Estate

9746 72 Avenue – Just listed and sold for $20,000 over list price in 48 hours

YEG Real Estate Market Reports – March 2018

Tuesday, March 20th, 2018

Hi folks,

Thanks for popping by again.  There has been a few glitches int he system lately and I haven’t been able to post, so getting back to your regularly scheduled program here, let’s start with the Market Stats for Edmonton, ending February 28, 2018.

Edmonton Real Estate Market Rerports

Edmonton Real Estate Market Reports – March 2018

The Residential average is creeping up. $374,469 a 3.5% increase year over year and a 3.99% increase from last month.  The market is warming up, just like spring.

Residential single family dwellings have increased 3.85% since last year and 4.07% over last month.

Condo dwellings, not such good news for us, but it could be worse, year to year we have dropped 0.04% to $235,694.

Rowhouses and Duplexes are sitting at an average of $365,537 down 0.26% from last year and down 0.30% from last month.

Highest sales for February?

Single Family – $1,620,192 Condos – $900,000 Duplex/Rowhouse – $675,000

Average days on market?

Single Family: 64 Days, same as last year

Condos: 76 Days, creeping up from last year

Duplex/Rowhouse: 65 Days, creeping up from last year

Quantity of New Listings?

1,904 new listings for a total of 5,038 listings on market

Sales in February?

778 sales – which shows 6.48 Months of inventory on market.

Price your homes right.  It will matter.

YEG-Real Estate Market Reports-January-2018

Tuesday, January 23rd, 2018

Dear Friends,

I hope you are feeling refreshed, revived and ready to face 2018.  January is full of resolutions and promises but don’t be too hard on yourself.  Make time to pamper yourself between all the commitments.  This month there are some tricks for creating the perfect relaxation space right at home. Should you wish to get out of the house, look no further than our list of events happening around Edmonton this month.  To keep you up to date in the world of Real Estate, included are the latest market reports to make sure you didn’t miss anything during the holiday crunch.

And now for this months report:

YEG-Real Estate Market Reports-January-2018

YEG-Real Estate Market Reports-January-2018

 

Inventory: December finished with another full inventory and buyers market month here in Edmonton with 6.30 months of inventory for active buyers to choose from.

Total number of homes available to buy in the Greater Edmonton area: 5,736

(more…)

Caution: Selling in Winter can be tricky, YEG!

Friday, December 29th, 2017
YEG-Real Estate Market Reports-December 2017

YEG-Real Estate Market Reports-December 2017

Hi Folks,

The holiday season is upon us with lots of cheer and time with loved ones to brighten up the winter time. December always seems to be such a busy time for having guests over and sometimes those visits can lead to a lot of stress. We are pleased to keep you updated on the latest real estate trends and market reports as well as activities for your visiting guests. From entertaining your guests to finding your dream home, it’s my pleasure to help you. Please keep in touch.

With the onset of the winter season, we start to see the seasonal drop off of listings and sales…

Inventory: November finished with another full inventory month here in Edmonton with 6.02 months of inventory for active buyers to choose from.

Total number of homes available to buy in the Greater Edmonton area: 7,030.

(more…)

2018 RE/MAX Housing Market Outlook for Canada

Thursday, December 28th, 2017


Summary:
*48% of potential homebuyers plan to purchase in the next 5 years
*Condo demand and prices spikes in Greater Toronto and Vancouver in 2017 while single family home sales and prices dropped in both of these markets
*More lateral move buyers left large urban centers in favour of lower prices and more amenities resulting in substantial price growth particularly outside of Toronto and Vancouver
*Edmonton and Calgary saw stabilizing oil prices boost housing demand and prices

(more…)