Wednesday, March 4, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, inventory, and average "days-on-market" are up in February of 2015, while number of sales are down!

28 condos have sold on the MLS® in Oliver and Downtown area in February of 2015, 2 less than last month and 17 less than in February of 2014. The selling price ranged from $112,000, 448 square foot one bedroom condo in Glenora Manor, to $630,000, two bedroom 2,023 sq.ft. condo in the Le Marchand Tower. The average selling price was up by 5.5% from last month and up by 10% from February of 2014. The price per square foot was also up at $332 from $325. The inventory has increased from 150 to 175 condos available. The average selling price was $323,250 and average list price $332,450 and $340 per sq ft.

Current days-on-market are 56, while sold-to-list price ratio stands unchanged at 96%. The current absorption rate for Downtown and Oliver condos as of today stands at 6,2 months compared to 3.2 last month.

All the information in this article has been provided by Realtors® Association of Edmonton









Brought to you by: Downtown Edmonton Real Estate Blog!

Thursday, January 22, 2015

New Listing In Oliver: #404 10346 117 Street In The Luxor!

$349,900!  AWESOME IN OLIVER! This 2 bedroom and 2 full bath, 4th floor south-west facing condo in "The Luxor" has it all! Features include: corner unit with nearly 1,000 sq,ft. of living space, open concept kitchen with island/breakfast bar, ample dining area, bright and spacious living room, gas fireplace, covered balcony, central elevator, and INSUITE laundry. Additionally, large master has a walk-through closet and en-suite bathroom. WOW! 2 titled underground parking stalls (tandem). All utilities are included in the condo fees, except power. Superbly situated on a mature tree-lined street across from all the amenities in Oliver Square. Quick access to Downtown, Grant MacEwan, future arena, 124th street Arts District, River Valley, U of A, and so much more. SMART MOVE!

Click photo for more details:

http://www.edmontonhomesweb.com/listing/e3399881-404-10346-117-st-edmonton-ab-t5k-2y7/

Tuesday, January 6, 2015

Downtown Edmonton Real Estate Market Update

Downtown and Oliver condo prices, number of sales, and inventory are down slightly in December of 2014, while the average "days-on-market" are up.

38 condos have sold on the MLS® in Oliver and Downtown area in December of 2014, 7 less than last month and 5 more than in December of 2013. The selling price ranged from $128,000, 587 square foot one bedroom condo in Park Manor, to $2,099,500, two bedroom 2,619 sq.ft. condo in the Carlisle. The average selling price was down 6% from last month and up by 5% from December of 2013. The price per square foot was also down at $325 from $332.

The inventory has decreased from 142 to 122 condos available. The average selling price (excluding the sale in The Carlisle) was $300,186 and average list price $310,294 and $337 per sq ft. Current days-on-market are 52, while sold-to-list price ratio stands unchanged at 96%. The current absorption rate for Downtown and Oliver condos as of today stands at 3.2 months compared to 3.3 last month.

All the information in this article has been provided by Realtors® Association of Edmonton!







Brought to you by: Downtown Edmonton Real Estate Blog

Monday, December 8, 2014

New Listing: #1603 In The Cosmopolitan For Sale!

$439,900 The COSMOPOLITAN LIFESTYLE AWAITS in this fully renovated 2 bedroom and 2 bath sought after Downtown high-rise. Modern open floor plan, with living room separating both generous bedrooms, 2 walk in closets, in-suite laundry, and storage. Upgrades include: engineered hardwood throughout, quartz countertops, mosaic backsplash, brand new stainless steel appliances, updated vanities/sinks, tile flooring, lighting, new baseboards, and paint. Enjoy the view from the 16th floor balcony with a gas hook-up for your BBQ. Extra bonuses are: underground heated parking, A/C, exercise room, bike rack, and visitor parking on site. Located just 2 blocks from Corona LRT station, walking distance to shopping, dining, trendy cafes, Norquest and Grant MacEwan University. The BEST of Downtown living!

Thursday, December 4, 2014

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, number of sales, and average "days-on-market" are up slightly in November of 2014, while inventory is down. 

45 condos have sold on the MLS® in Oliver and Downtown area in November of 2014, 1 more than last month and 13 more than in November of 2013. The selling price ranged from $118,000, 445 square foot studio in The Hargate, to $1,050,000, three bedroom 1,711 sq.ft. penthouse in The Quest.

The average selling price was up by1.3% from last month and up by 5.7% from November of 2013. The price per square foot was also up at $332 from $331. The inventory has decreased from 161 to 142 condos available. The average selling price (excluding the sale in The Quest) was $322,223 and average list price $332,695 and $344 per sq ft. Current days-on-market are 50, while sold-to-list price ratio stands unchanged at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.3 months compared to 3.7 last month.

All the information in this article has been provided by Realtors® Association of Edmonton!











Brought to you by Downtown Edmonton Real Estate Blog

Monday, November 10, 2014

Condos Recently Sold In Alta Vista, Downtown Edmonton!

Since January of 2014 till today, 8 (two bedroom) apartment style condos have sold through the MLS® system in Alta Vista high rise buildings, Downtown Edmonton.

The average selling price for these condos recently sold in Alta Vista was $408,250 and $391 per square foot and list price $417,037 and $400 per square foot. It took on average 62 days for these properties to sell, while sold-to-list price ratio was 97 percent. Average size of these sold condominiums was 1,043 sq.feet.


If you would like to know which condos have sold, for what price, and in how many days in Alta Vista high rises, send your request by email to>>> Condos Sold in Alta Vista. Absolutely FREE and NO OBLIGATIONS!

All data in this article has been provided by REALTORS® Association of Edmonton

Tuesday, November 4, 2014

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, number of sales, and inventory are down slightly in October of 2014, while average "days-on-market" are up. 

44 condos have sold on the MLS® in Oliver and Downtown area in October of 2014, 18 less than last month and 2 less than in October of 2013. The selling price ranged from $94,000, 344 square foot studio in The Hargate, to $669,543, 1,265 square foot 2 bedroom condo in Symphony Tower. The average selling price was down by 0.6% from last month and up by 9% from October of 2013. The price per square foot was up at $331 from $308. The inventory has decreased from 170 to 161 condos available. The average selling price was $318,188 and average list price $327,467 and $341 per sq ft. Current days-on-market are 60, while sold-to-list price ratio stands unchanged at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.7 months compared to 2.9 last month.

All the information in this article has been provided by Realtors® Association of Edmonton!










Brought to you by Downtown Edmonton Real Estate Blog!

Friday, October 3, 2014

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices and average days-on-market are up in September of 2014, while number of sales and inventory are down. 

62 condos have sold on the MLS® in Oliver and Downtown area in September of 2014, 4 less than last month and 10 more than in September of 2013. The selling price ranged from $128,000, 588 square foot one bedroom condo in Park Manor, to $1,360,000, 1,844 square foot penthouse in Icon II on 104th street.

The average selling price (excluding the Penthouse sale) was up by 6.2% from last month and up by 10% from September of 2013 (mostly due to high volume of expensive condos that have sold this month). The price per square foot was up at $308 from $302. The inventory has decreased from 180 to 170 condos available. The average selling price was $320,216 and average list price $331,857 and $319 per sq ft. Current days-on-market are 54 days while sold-to-list price ratio stands unchanged at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 2.9 months compared to 2.7 last month. 

All the information in this article has been provided by Realtors® Association of Edmonton! 













Brought to you by: Downtown Edmonton Real Estate Blog