Wednesday, May 6, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, remain unchanged while inventory is up in April of 2015!

32 condos have sold on the MLS® in Oliver and Downtown area in April of 2015, 11 less than last month and 41 less than in April of 2014. The selling price ranged from $90,000, 341 square foot studio in The Hargate, to $1,085,000, three bedroom 1,711 sq.ft. penthouse in The Quest.

The average selling price (excluding The Quest sale) was very much unchanged from last month and up by 8.1% from April of 2014. The price per square foot was down at $323 from $324. The inventory has increased from 235 to 285 condos available. The average selling price was $319,831 and average list price $332,503 and $334 per sq ft. Current days-on-market are 44, while sold-to-list price ratio stands unchanged at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 8.2 months compared to 5.5 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, April 27, 2015

Sold Condos In Dorchester House! #606 9930 113 Street.

INVESTOR ALERT! BY THE RIVER VALLEY! This one bedroom, 6th floor north facing condo in Oliver, is perfect for an investor or handyman. Features include: efficient layout, large and bright living room, generous bedroom, storage area, and balcony which provides a great view of Downtown. The Dorchester House high-rise offers 2 elevators and same floor laundry. All utilities are included in the condo fees, except power. With some TLC, this fantastic location can be your epicenter to The U of A, The Legislative Grounds, Downtown, Victoria Golf Course, and Jasper Avenue amenities. Just 3 blocks to Grandin LRT Station! OPPORTUNITY KNOCKS!

Wednesday, March 25, 2015

#339,900! New Listing In The Venetian #209 10333 112 Street Edmonton

MOVE UP TO THE VENETIAN! This IMMACULATE 2 bedroom + 2 bath trendy condo, in a concrete building, is perfect for students or professionals. Main features are: open concept, granite countertops, stainless steel appliances, breakfast bar, 9 ft. ceilings, in-suite laundry, fire place, balcony, gas hook up for BBQ, and central A/C . Master bedroom offers a 3pc en-suite and walk through closet, while the 2nd bedroom is across from the main bath. You will enjoy your heated underground parking stall, exercise room, and central elevators. All utilities included in condo fees except power. Superbly situated within walking distance to Grant McEwan Campus, Oliver Square, Downtown core, and LRT station with quick access to U of A, NAIT and the future Arena. Be part of Edmonton's Urban Epicenter!

Click to watch video <<< Click to view details >>> #209 Venetian






Monday, March 16, 2015

SOLD in 23 Days! Condo In Hyde Park: #1102 10160 115 Street!

EXECUTIVE LIFESTYLE AWAITS! This 11th floor, South-East facing, 1,300 sq.ft., 2 bdrm + 2 full bath condo in Hyde Park high rise, has it all! Main features are: HUGE living room, perfect for entertaining, efficient galley kitchen, ample dining area, extra storage, in-suite laundry, and enclosed balcony with AWESOME DOWNTOWN VIEW! Large master bedroom offers upgraded 4pc en-suite, while the 2nd bedroom includes queen sized Murphy bed and is across from the main 4pc bath. You will so appreciate your heated underground titled parking stall and storage locker. All utilities included in condo fees. WOW! BONUS FEATURES: Central A/C, indoor and outdoor swimming pools, sauna, hot tub, tennis court, modernized fitness center, party/pool room, and guest suite. This fantastic location will be your epicenter to Jasper Ave, River Valley, The Downtown core with all shopping, galleries, fine dining, entertainment, ETC...


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!