Weekly Real Estate Market Update, April 21/17
Posted by Liv Real Estate on
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 511 (650, 628, 503)
# Sales: 263 (313, 243, 231)
Ratio: 51% (48%, 39%, 46%)
# Price Changes: 288 (306, 361, 329)
# Expired/Off Market Listings: 165 (147, 297, 132)
Net loss/gain in listings this week: 83 (190, 88, 140)
Active single family home listings: 2,992 (2,958, 2,848, 2,781)
Active condo listings: 2,520 (2,494, 2,411, 2,369)
Homes 4-week running average: $436k ($433k, $430k, $440k)
Condos 4-week running average: $256k ($251k, $246k, $239k)
Interesting news out of Ontario this week, let's just hope none of that makes its way west.
Let's Go Oilers!!!!!
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Building a fence around your property has many benefits. A solid fence is both decorative and practical as it adds attractiveness, security and privacy to your yard. A fence will provide your family with a safe and secluded outdoor living space for your entertaining, relaxing, gardening and for your children to play in. An attractive fence will also increase your property value and make your home more marketable when it comes time to sell.
Photo credit: Soldan Fence & Metals
Hiring a fence contractor in Edmonton will ensure your fence is built properly and that all local regulations and building permits are obtained for the project. Alternatively, you could choose to build the fence yourself. Here are some DIY tips on how to build a fence:
Planning a renovation project in your home can be especially challenging if you're living there while the work is being done. Add a couple kids and pets to the mix and you've got yourself a very chaotic household.
Whether you're doing the work yourself or hiring a contractor, once your project is underway even simple tasks will be difficult. Personal items will be moved from their usual spots, tools and equipment will block well-traveled traffic areas, and work zone noise and dust will permeate your entire home.
To reduce the stress associated with your disrupted routine you'll need to take these crucial steps BEFORE you start these home renovations:
The first thing you'll want to do:
Set up a temporary family staging centre in an area away from…
The REALTORS® Association of Edmonton released their monthly report on the real estate market in Edmonton this week, saying:
Building a deck will enhance your outdoor living space by giving you a place to relax, dine, entertain and spend time as a family. Building a deck will increase your own personal enjoyment of your yard and will also enhance the value of your home.
Photo credit: Alberta Vinyl Decking & Railing Ltd.
Here are some reasons why you should build a deck:
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 535 (570, 577, 516)
# Sales: 264 (255, 227, 224)
Ratio: 49% (45%, 39%, 43%)
# Price Changes: 262 (258, 275, 219)
# Expired/Off Market Listings: 142 (163, 322, 124)
Net loss/gain in listings this week: 129 (152, 28, 168)
Active single family home listings: 2,670 (2,582, 2,510, 2,479)
Active condo listings: 2,217 (2,188, 2,113, 2,100)
Homes 4-week running average: $437k ($436k, $425k, $418k)
Condos 4-week running average: $234k ($238k, $231k, $240k)
Two condos have sold for over $1million this month, which is not a common occurence in Edmonton, at the same time, 11 have sold for under $100k including a few under…