Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 495 (530, 586, 523) # Sales: 283 (319, 329, 265) Ratio: 57% (60%, 56%, 51%) # Price Changes: 471 (500, 497, 438) Expired/Off Market Listings: 190 (219, 239, 450) Net loss/gain in listings this week: 22 (-8, 18, -192, -2) Active single family home listings: 4325 (4310, 4298, 326) Active condo listings: 2509 (2496, 2510, 2460) Homes 4-week running average: $420k ($417k, $421k, $418k) Condos 4-week running average: $213k ($225k, $227k, $236k) Have a great weekend!

453 Views, 2 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: 530 (586, 523, 548) # Sales: 319 (329, 265, 323) Ratio: 60%v (56%, 51%, 59%) # Price Changes: 500 (497, 438, 532) Expired/Off Market Listings: 219 (239, 450, 227) Net loss/gain in listings this week: -8 (18, -192, -2, 28) Active single family home listings: 4310 (4298, 326, 4423) Active condo listings: 2496 (2510, 2460, 2544) Homes 4-week running average: $417k ($421k, $418k, $419k) Condos 4-week running average: $225k ($227k, $236k, $236k) Have a great weekend!  

451 Views, 4 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: 586 (523, 548, 551) # Sales: 329 (265, 323, 319) Ratio: 56% (51%, 59%, 58%) # Price Changes: 497 (438, 532, 478) Expired/Off Market Listings: 239 (450, 227, 204) Net loss/gain in listings this week: 18 (-192, -2, 28, 29) Active single family home listings: 4298 (326, 4423, 4416) Active condo listings: 2510 (2460, 2544, 2538) Homes 4-week running average: $421k ($418k, $419k, $424k) Condos 4-week running average: $227k ($236k, $236k, $231k) Have a great weekend!

457 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: 523 (548, 551, 584) # Sales: 265 (323, 319, 331) Ratio: 51% (59%, 58%, 57%) # Price Changes: 438 (532, 478, 455) Expired/Off Market Listings: 450 (227, 204, 224) Net loss/gain in listings this week: -192 (-2, 28, 29, -111) Active single family home listings: 4326 (4423, 4416, 4430) Active condo listings: 2460 (2544, 2538, 2495) Homes 4-week running average: $418k ($419k, $424k, $423k) Condos 4-week running average: $236k ($236k, $231k, $232k) Have a great weekend!  

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Our preliminary look at the real estate market in Edmonton shows single-family home sales were up slightly over last year for the third month in a row. 859 single family homes were reported sold in June, up 2% from last year. Condo sales were down 2.4% from last June - 328 condos were reported sold. The average sale price for single-family homes was down 5% to $417,863 and the median price was down 4.7% to $379,900. The average sale price for condos was down 2% to $245,715 and the median price was down 1% to $220,000. The average price/square foot for single-family homes was down $16 to $269 and for condos was down $5 to $225. I will update this post when the REALTORS® Association of Edmonton releases their monthly report on the market in a few days.

537 Views, 2 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: 548 (551, 584, 616) # Sales: 323 (319, 331, 323) Ratio: 59% (58%, 57%, 52%) # Price Changes: 532 (478, 455, 512) Expired/Off Market Listings: 227 (204, 224, 404) Net loss/gain in listings this week: -2 (28, 29, -111, 151) Active single family home listings: 4423 (4416, 4430, 4387) Active condo listings: 2544 (2538, 2495, 2474) Homes 4-week running average: $419k ($424k, $423k, $424k) Condos 4-week running average: $236k ($231k, $232k, $231k) Have a great weekend!

473 Views, 4 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: 551 (584, 616, 631) # Sales: 319 (331, 323, 285) Ratio: 58% (57%, 52%, 45%) # Price Changes: 478 (455, 512, 559) Expired/Off Market Listings: 204 (224, 404, 195) Net loss/gain in listings this week: 28 (29, -111, 151, 93) Active single family home listings: 4416 (4430, 4387, 4434) Active condo listings: 2538 (2495, 2474, 2506) Homes 4-week running average: $424k ($423k, $424k, $429k) Condos 4-week running average: $231k ($232k, $231k, $232k) Have a great weekend!

480 Views, 2 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: 584 (616, 631, 556) # Sales: 331 (323, 285, 270) Ratio: 57% (52%, 45%, 49%) # Price Changes: 455 (512, 559, 399) Expired/Off Market Listings: 224 (404, 195, 193) Net loss/gain in listings this week: 29 (-111, 151, 93, 122) Active single family home listings: 4430 (4387, 4434, 4335) Active condo listings: 2495 (2474, 2506, 2460) Homes 4-week running average: $423k ($424k, $429k, $427k) Condos 4-week running average: $232k ($231k, $232k, $229k)   Have a great weekend!

633 Views, 11 Comments

Estimating Edmonton renovation costs before you buy.

By Camillo Esposito, Owner of Independent Bath & Renovations: https://www.independentbath.com/ You found a house or a condo in a mature neighbourhood you love but it needs some attention for you to call it home. Established neighbourhoods provide mature trees and landscaping, shopping, a central location and a ton of convenience many people are drawn to. The trade-off is updates and repairs are sometimes required for homes in older neighbourhoods. The challenge becomes, how can remodelling costs be calculated to ensure the combined totals of your mortgage and improvements do not exceed your budget? Ballparking renovations can be a minefield for established contractors as the scope of work is unique…

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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: 616 (631, 556, 652) # Sales: 323 (285, 270, 355) Ratio: 52% (45%, 49%, 54%) # Price Changes: 512 (559, 399, 412) Expired/Off Market Listings: 404 (195, 193, 175) Net loss/gain in listings this week: -111 (151, 93, 122, 163) Active single family home listings: 4387 (4434, 4335, 4278) Active condo listings: 2474 (2506, 2460, 2427) Homes 4-week running average: $424k ($429k, $427k, $425k) Condos 4-week running average: $231k ($232k, $229k, $224k) Have a great weekend!

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