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)    

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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…

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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: 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…

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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: 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)      

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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…

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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: 548 (652, 630, 564) # Sales: 335 (343, 344, 317) Ratio: 61% (53%, 55%, 56%) # Price Changes: 432 (367, 446, 446) Expired/Off-Market Listings: 236 (277, 230, 470) Net loss/gain in listings this week: -23 (32, 56, -223) Active single-family home listings: 3390 (3399, 3355, 330) Active condo listings: 2978 (2986, 2938, 2909) Homes 4-week running average: $442 ($448, $451, $452) Condos 4-week running average: $226 ($231, $229, $232)    

27 Views, 5 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: 652 (630, 564, 564) # Sales: 343 (344, 317, 365) Ratio: 53% (55%, 56%, 65%) # Price Changes: 367 (446, 446, 471) Expired/Off-Market Listings: 277 (230, 470, 221) Net loss/gain in listings this week: 32 (56, -223, -22) Active single-family home listings: 3399 (3355, 3301, 3400) Active condo listings: 2986 (2938, 2909, 3039) Homes 4-week running average: $448 ($451, $452, $452) Condos 4-week running average: $231 ($229, $232, $242)        

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We recently gathered at Laurier Park for our first ever Summer Extravaganza Picnic and wow, was it ever a success! It was amazing to see everyone for a family-friendly picnic, where the team could gather and kids and dogs were all welcome. There were tons of activities set up for everyone to enjoy including bubbles, volleyball, soccer and more! We had drinks and snacks for all - even water dishes for our four-legged friends. Curbside YEG was on site serving up delicious eats and the guys from Frosted Shaved Ice brought the cool treats. We know this is an event we won’t forget! Especially with all the great photos, thanks to Rob with Rob Hislop Photography. He was so engaging and seamlessly blended into the event capturing incredible candid and action…

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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: 630 (564, 564, 540) # Sales: 344 (317, 365, 373) Ratio: 55% (56%, 65%, 69%) # Price Changes: 446 (446, 471, 451) Expired/Off-Market Listings: 230 (470, 221, 232) Net loss/gain in listings this week: 56 (-223, -22, -65) Active single-family home listings: 3355 (3301, 3400, 3385) Active condo listings: 2938 (2909, 3039, 3021) Homes 4-week running average: $451 ($452, $452, $464) Condos 4-week running average: $229 ($232, $242, $240)    

31 Views, 7 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: 564 (564, 540, 662) # Sales: 317 (365, 373, 352) Ratio: 56% (65%, 69%, 53%) # Price Changes: 446 (471, 451, 468) Expired/Off-Market Listings: 470 (221, 232, 240) Net loss/gain in listings this week: -223 (-22, -65, 70) Active single-family home listings: 3301 (3400, 3385, 3415) Active condo listings: 2909 (3039, 3021, 3044) Homes 4-week running average: $452 ($452, $464, $465) Condos 4-week running average: $232 ($242, $240, $253)  

51 Views, 14 Comments