Purrfect Properties Blog

Archive for the ‘EDMONTON’ Category

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

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Your Virtual Tour for 1419 Cunningham Drive SW – Condo For Sale

Tuesday, May 16th, 2017

1419 Cunningham Drive SW – Callaghan Landing

Dual Master Home For Sale

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86-2803 James Mowatt Trail SW, Callaghan Townhome For Sale

Saturday, May 13th, 2017

86, 2803 James Mowatt Trail SW, Townhome For Sale

 

Your Virtual Tour for
86- 2803 James Mowatt Trail SW

Further Listing Information can be found here
Please call or text 780 916 9739 to schedule your showing.

  • Want to know more about the Callaghan Neighbourhood?
  • How safe is Callaghan?
  • Is it time to stop renting?

5 Home Projects that Add Instant Value

Saturday, May 6th, 2017

5 High Return Updates for the Home

Do you have a list of changes you’d like to make to your home this year? Completing cosmetic updates is easiest when the weather’s in your favor. In honor of May’s National Home Improvement Month, here are five projects ranging from simple curb appeal projects to large-scale expansions that real estate pros love for having high returns. (more…)

Edmonton: How To Bounce Back After a Real Estate Crisis

Thursday, May 4th, 2017

YOURS TRULY and Edmonton, were just featured in an interview by Point2Homes.com. Check out the  interview and what we discussed.

If you’re looking to buy real estate, we advise you to sit down with a passionate agent, for a long talk. The information and perspective you’ll learn is simply invaluable. We did just that, with expert agent Jeanine Osborne (and her gorgeous cat). Read her excellent insights into the Edmonton real estate market, from condominiums to foreclosures, and everything in between.

Expert agent Jeanine Osborne talks Edmonton real estate.

Tell us a few words about your job as a real estate professional? What do you love most about your job?

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6 Ways Real Estate Agents Add Value to a Home Sale

Tuesday, May 2nd, 2017
6-ways-a-realtor-adds-vale-to-a-home-sale-in-edmonton_640

6-ways-a-realtor-adds-vale-to-a-home-sale-in-edmonton

Just because you can buy and sell property on your own, it doesn’t mean you should. Real estate agents remain essential when making these pivotal financial transactions.

There are many ways agents add value during the purchase or sale of a home:

  • Handle the technical nuances — Whether you’re the buyer or the seller, a home sale includes a dizzying amount of paperwork. Skilled agents know how to fill out what documents and when, saving you time and helping you avoid mistakes.
  • Speak the lingo — The industry uses an astonishing number of acronyms. Working with a real estate agent gives you the opportunity to better understand the conversation.

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How the Right Words Can Help Sell a Home.

Wednesday, April 26th, 2017

House and neighborhood characteristics can positively influence the sale of your home, but what about the words used in the listing? The right turn of phrase could help your property sell quickly, but choose less descriptive terms and you may find it on the market indefinitely. Write an effective listing with the following tips:

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REMAX 2017 Spring Market Trends Report

Monday, April 24th, 2017

Toronto buyers, are looking for greater affordability in markets across southern Ontario. In turn, they are driving price appreciation in Mississauga, Brampton, Durham, Barrie, Hamilton-Burlington, Windsor, and as far away as Kingston. The GTA saw the average residential sale price rise by 29 per cent, up from $675,492 in the first quarter of 2016 to $873,631 during the same period in 2017.

At the same time, housing demand has slowed in Greater Vancouver compared to Q1 of 2016, and the average residential sale price decreased 11 per cent year-over-year, from $1,094,936 in the first quarter of 2016 to $969,900 in 2017. The decline in average sale price is in part due to the introduction of the foreign buyer tax last August, a relatively severe winter and the natural stabilization of prices after the market reached a high point in May 2016. Move-over buyers from Vancouver and buyers migrating from other provinces continue to fuel activity in Fraser Valley, Kelowna, and in Victoria, particularly in the upper-end of the market due to relative affordability in these regions.

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