Sales cooled off in September in the Greater Edmonton area but we're still well above normal. 1883 homes sold, roughly equal to last year. More listings are coming on than normal for this time of year, which has pushed us almost to a balanced market with 3.9 months of supply. Luxury sales remain strong, with one bungalow selling for almost $4million and more sales over the million-dollar mark than normal. Demand for apartment-style condos remains low, only 5% of realtor.ca users searched for apartments in the Edmonton area last month.

City of Edmonton Stats

S

115 Views, 0 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 539 (567, 606, 570) # Sales: 284 (353, 382, 279) Ratio: 53% (62%, 63%, 49%) # Price Changes: 444 (457, 484, 440) Expired/Off-Market Listings: 577 (239, 269, 238) Net loss/gain in listings this week: -322 (-25, -45, 53) Active single-family home listings: 3172 (3266, 3259, 3252) Active condo listings: 2657 (2832, 2824, 2823) Homes 4-week running average: $457 ($456, $448, $449) Condos 4-week running average: $216 ($216, $214, $218)  

86 Views, 1 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 567 (606, 570, 542) # Sales: 353 (382, 279, 341) Ratio: 62% (63%, 49%, 63%) # Price Changes: 457 (484, 440, 446) Expired/Off-Market Listings: 239 (269, 238, 566) Net loss/gain in listings this week: -25 (-45, 53, -365) Active single-family home listings: 3266 (3259, 3252, 3213) Active condo listings: 2832 (2824, 2823, 2806) Homes 4-week running average: $456 ($448, $449, $451) Condos 4-week running average: $216 ($214, $218, $219)    

120 Views, 6 Comments

We love the crisp air and warm colours fall brings, but it also comes along with a hefty list of maintenance jobs to get your home and yard ready for the changing weather. We've compiled a comprehensive list of jobs to ensure your home is prepared for winter and your yard is set up for a successful spring.

Exterior Home Maintenance

  • Clean gutters
  • Check your roof
  • Make exterior repairs
  • Check the weather stripping on doors and windows
  • Seal gaps where critters can enter: Steel wool is great for keeping mice out. Fill cracks and small holes with steel wool, then use caulk or expanding foam filler to fully close up the area.
  • Clean out dryer vents

Lawn & Yard Maintenance

  • Prune Trees & Shrubs
  • Clean out your garden beds

157 Views, 0 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 606 (570, 542, 548) # Sales: 382 (279, 341, 335) Ratio: 63% (49%, 63%, 61%) # Price Changes: 484 (440, 446, 432) Expired/Off-Market Listings: 269 (238, 566, 236) Net loss/gain in listings this week: -45 (53, -365, -23) Active single-family home listings: 3259 (3252, 3213, 3390) Active condo listings: 2824 (2823, 2806, 2978) Homes 4-week running average: $448 ($449, $451, $442) Condos 4-week running average: $214 ($218, $219, $226)    

103 Views, 1 Comments

A brand new driveway will improve the curb appeal of your home, extend your outdoor living space, increase property value and even help with resale. If you're installing a new driveway for a brand new home or want to replace your current damaged and cracked driveway, there are two main materials to consider: concrete and asphalt. Here are the pros and cons of each.

Concrete Driveways

Concrete driveways are aesthetically pleasing and versatile. There are multiple finishes to choose from, including tinted or stamped finish, broom finish or an exposed aggregate finish which gives it that pebble-like look. Whichever finish you choose, the concrete takes several days to cure.  Cold Canadian winters and the freeze-thaw process can cause concrete driveways…

209 Views, 0 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 570 (542, 548, 652) # Sales: 279 (341, 335, 343) Ratio: 49% (63%, 61%, 53%) # Price Changes: 440 (446, 432, 367) Expired/Off-Market Listings: 238 (566, 236, 277) Net loss/gain in listings this week: 53 (-365, -23, 32) Active single-family home listings: 3252 (3213, 3390, 3399) Active condo listings: 2823 (2806, 2978, 2986) Homes 4-week running average: $449 ($451, $442, $448) Condos 4-week running average: $218 ($219, $226, $231) While it's not official for another few weeks, it certainly seems like fall has arrived. Pumpkin spice is making its way into our coffees, fall decor is lining the shelves at Homesense and people…

90 Views, 11 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 542 (548, 652, 630) # Sales: 341 (335, 343, 344) Ratio: 63% (61%, 53%, 55%) # Price Changes: 446 (432, 367, 446) Expired/Off-Market Listings: 566 (236, 277, 230) Net loss/gain in listings this week: -365 (-23, 32, 56) Active single-family home listings: 3213 (3390, 3399, 3355) Active condo listings: 2806 (2978, 2986, 2938) Homes 4-week running average: $451 ($442, $448, $451) Condos 4-week running average: $219 ($226, $231, $229)      

110 Views, 12 Comments

Both listings and sales remain above normal levels in the Greater Edmonton Area, which kept the inventory in the normal range (although slightly up from last year). Things shifted closer to balance but we're still hanging on to a seller's market with just under four months of supply (3.74 months to be exact). The benchmark price was up 5.7% from last year with single-family homes leading the way (up 6.8%).  There is more interest in condos than we saw last year, but sales are still well below the normal level.  

 

City of Edmonton Stats

Single-family home sales in Edmonton were in the normal range in August - 813 homes were reported sold, up 12% from last year. The normal decline in sales between July and August was not as steep this…

106 Views, 0 Comments