Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 609 (666, 659, 644) # Sales: 335 (323, 328, 315) Ratio: 55% (48%, 50%, 49%) # Price Changes: 443 (485, 489, 523) # Expired/Off Market Listings: 186 (240, 229, 207) Net loss/gain in listings this week: 88 (103, 102, 122) Active single family home listings: 3,586 (3,532, 3,455, 3,393) Active condo listings: 3,093 (3055, 3,017, 2,963) Homes 4-week running average: $455k ($449k, $450k, $440k) Condos 4-week running average: $257k ($245k, $253k, $252k) Would you look at that! Average single family home price at $454,785 while inventory extremely high. Monthly stats tomorrow! As requested, condo inventory: Happy Canada Day!!!!

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 666 (659, 644, 639) # Sales: 323 (328, 315, 309) Ratio: 48% (50%, 49%, 48%) # Price Changes: 485 (489, 523, 524) # Expired/Off Market Listings: 240 (229, 207, 360) Net loss/gain in listings this week: 103 (102, 122, -30) Active single family home listings: 3,532 (3,455, 3,393, 3,318) Active condo listings: 3055 (3,017, 2,963, 2,906) Homes 4-week running average: $449k ($450k, $440k, $438k) Condos 4-week running average: $245k ($253k, $252k, $253k) So there have been some big changes around here in the past week - we launched a brand new livrealestate.ca web site that allows you to search homes for sale in Edmonton,…

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A backsplash is the panel of material installed behind your sink, stove and along countertops that protects the wall from spills and splashes. Beyond its functional purpose, a backsplash can also add style, finish and even value to your kitchen and home. Here are some benefits of the backsplash:

It protects your walls.

Photo Credit: Tile & Stone Source International The main reason why you would install backsplash behind your sink and countertops in the bathroom and kitchen is to protect the walls from splashing water and other splatters.  If your wall is constantly getting wet, especially behind the sink, you could get some water damage. Mildew and mould can also start to grow, which is hazardous to your health and a pain to deal with.

It can…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 659 (644, 639, 575) # Sales: 328 (315, 309, 274) Ratio: 50% (49%, 48%, 48%) # Price Changes: 489 (523, 524, 423) # Expired/Off Market Listings: 229 (207, 360, 146) Net loss/gain in listings this week: 102 (122, -30, 155) Active single family home listings: 3,455 (3,393, 3,318, 3,325) Active condo listings: 3,017 (2,963, 2,906, 2,906) Homes 4-week running average: $450k ($440k, $438k, $438k) Condos 4-week running average: $253k ($252k, $253k, $248k) Single family home inventory in Edmonton is higher than last year, for the first time this year. There is also "excess supply" of new homes on the market from builders - over…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 644 (639, 575, 667) # Sales: 315 (309, 274, 324) Ratio: 49% (48%, 48%, 49%) # Price Changes: 523 (524, 423, 445) # Expired/Off Market Listings: 207 (360, 146, 183) Net loss/gain in listings this week: 122 (-30, 155, 160) Active single family home listings: 3,393 (3,318, 3,325, 3,231) Active condo listings: 2,963 (2,906, 2,906, 2839) Homes 4-week running average: $440k ($438k, $438k, $437k) Condos 4-week running average: $252k ($253k, $248k, $251k) Have a great weekend!:)

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If you’re thinking of doing some home renovations, you’ve probably thought of upgrading the kitchen tiles, new hardwood floors, or a fabulous landscape—all these big-ticket projects are almost always at the top of the list. A stunning garage door, on the other hand, often gets overlooked by fancier upgrades. A beautiful garage door, that complements the overall look of your house, can dramatically boost your house’s curb appeal. For most houses, the garage takes up 40% of the façade making it one of the first things passersby notice. But before you consider buying a new garage door, give your existing door a checkup. Maybe it just needs a little bit of TLC without having to replace it. Here are some common garage door problems and how to repair…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 639 (575, 667, 705) # Sales: 309 (274, 324, 310) Ratio: 48% (48%, 49%, 44%) # Price Changes: 524 (423, 445, 422) # Expired/Off Market Listings: 360 (146, 183, 153) Net loss/gain in listings this week: -30 (155, 160, 242) Active single family home listings: 3,318 (3,325, 3,231, 3,172) Active condo listings: 2,906 (2,906, 2839, 2,745) Homes 4-week running average: $438k ($438k, $437k, $442k) Condos 4-week running average: $253k ($248k, $251k, $248k) Have a great weekend!

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We've been hearing lots of good forecasts for the Alberta economy lately, but the real estate market remains relatively slow in Edmonton. The real estate market tends to lag behind other economic factors, so I'm not surprised that the market is a little slow, even though the year started off showing lots of positive signs. The REALTORS® Association of Edmonton released their report on the Greater Edmonton Area: “We are in the middle of our busiest season for real estate,” says James Mabey, REALTORS® Association of Edmonton Chair. “More sellers are entering the market and are motivated to move their properties before the summer months, which provides the best selection of properties for buyers who are actively looking and taking advantage of the…

383 Views, 5 Comments