Wednesday, February 3, 2016

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, Days-On-Market, and number of sales are down in January of 2016, while inventory is up!

21 condos have sold on the MLS® in Oliver and Downtown area in January of 2016, 6 less than last month and 9 less than in January of 2015. The selling price ranged from $113,000, 474 square foot studio in The Hargate, to $660,000, two bedroom 1,614 sq.ft. condo in The Arcadia. The average selling price was $292,119 down by 4% from last month and down by 9.6% from January of 2015 while the average list price was $309,271.

The inventory has increased from 192 to 197 condos available. Current days-on-market are 63 down from 68 in December of 2015. The absorption rate for Downtown and Oliver condos as of today stands at 9.4 months compared to 7.1 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!

Wednesday, January 27, 2016

$319,900! New Listing In Oliver! #205 9910 111 Street Edmonton!

ONLY ONE BLOCK TO THE LRT! Contemporary 1Bed + DEN with 2 baths 2ND Floor condo in "THE MADISON III" situated on a charming tree-lined street in sought after Grandin. Main features are: open concept, trendy kitchen with breakfast bar and corner pantry, generous living room which leads to dining area and sliding doors to covered balcony. Master bedroom offers 4pc ensuite with walk through closet, while the den with French doors is beside the 3pc bath, in-suite laundry, and storage room. You will enjoy your heated underground parking stall this winter. All utilities included in condo fees except power. Additional features are: 9 floor ceilings, central elevator and visitor parking! WALK TO: the LRT, River Valley, Legislature, and Downtown core with all the shops, galleries, and fine dining. One stop U of A campus! Quick access to Ice District, Grant MacEwan Campus, NAIT, and The Royal Alexandra Hospital. QUICK POSSESSION!

$245,000! New Listing #1103 9903 104 Street Edmonton!

UPTOWN LIFESTYLE IN THE HEART OF DOWNTOWN! Enjoy this FULLY RENOVATED 2bed + 1.5bath 11th floor west facing high rise condo in Hillside Estates. Starting with the beautiful galley kitchen, upgraded countertops, backsplash, tile flooring, and generous dining area. Moving on, the spacious living room with sliding door access to the balcony and STUNNING VIEW! Updated 4pc bath has a newer tub, toilet, and trendy finishing. Bright and ample master bedroom comes with walk through closet and 2pc ensuite. Generous storage room is a bonus. Condo fees include all utilities and one parking stall. WOW! Swimming pool, exercise, social room, and visitor parking. Paid laundry on every floor. Superbly situated between Jasper Ave and River Valley, just a block and a half south of The Bay LRT station and walking distance to the Legislature Grounds. Quick access to U of A, Grand MacEwan, NAIT, and Ice District. Live, work and play Downtown!

Listed By: Derek Hulewicz with Remax Real Estate 

For showings call or text Derek at 780-220-4224!

Saturday, January 16, 2016

$239,900. New Listing #103 8220 Jasper Ave!

YOUR RIVER VALLEY LIFESTYLE AWAITS! This 2 bedroom + 1.5 bath 2ND Floor condo in "River Park Place" high-rise boasts nearly 1,300 sq.feet of living space with south exposure. Main features are: spacious sunken living room which leads to dining area and sliding doors to covered balcony, galley kitchen, flex space and efficient entrance. Master bedroom offers 4pc ensuite and walk through closet, while the 2nd bedroom is beside the 2pc bath/in-suite laundry. You will enjoy your heated underground parking stall when the mercury dips. All utilities included in condo fees except power. Additional features are: roof top patio, social room with pool table, and visitor parking! This fantastic location will be your epicenter to the River Valley, Stadium, and Downtown core with shops, galleries, and fine dining. WALKING DISTANCE to LRT with quick access to U of A, Grant McEwan Campus, NAIT, and The Royal Alexandra Hospital. SMART MOVE!












Thursday, December 3, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices and "Days-On-Market" are up in November of 2015 while number of sales and inventory are down!

43 condos have sold on the MLS® in Oliver and Downtown area in November of 2015, 6 less than last month and 2 less than in November of 2014. The selling price ranged from $136,000, 523 square foot one bedroom in the Athabascan, to $1,425,000, two bedroom 2,262 sq.ft. luxury condo in Lessard House. The average selling price (excluding the Lessard House sale) was $305,752 up by 6.8% from last month and down by 5.1% from November of 2014 while the average list price was $320,196.

The inventory has decreased from 221 to 189 condos available. Current days-on-market are 61 up from 59 in October. The absorption rate for Downtown and Oliver condos as of today stands at 4.4 months compared to 4.5 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!

Tuesday, November 24, 2015

Imperial Condos Sales Report! Condos Sold In The Imperial In 2015!

Since January of 2015 till today, 11 condos have sold through the Edmonton Real Estate Board MLS system in The Imperial building in Oliver, Edmonton Alberta. 9 two bedroom units and 2 one bedroom.

The average selling price for the two bedrooms in 2015, year to date, was $324,833, average days-on-market 64, highest selling price $395,000, and lowest $267,000. The average selling price for the one bedroom was $248,750, average days-on-market 21, highest selling price $252,000, and lowest $245,500.

If you would like to know which condos have sold, for what price, and in how many days in The Imperial, send your request by email to >>> Condos Sold In Oliver Absolutely FREE & NO OBLIGATIONS!

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

Wednesday, November 4, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices and inventory are down in October of 2015, while "Days-On-Market" are up.

49 condos have sold on the MLS® in Oliver and Downtown area in October of 2015, same amount as last month and 5 more than in October of 2014. The selling price ranged from $95,000, 474 square foot studio in The Hargate, to $900,000, three bedroom 1,964 sq.ft. condo in Illuminade II on Jasper Ave.

The average selling price was $284,851 down by 4.1% from last month and down by 10% from October of 2014. The inventory has decreased from 230 to 221 condos available. The average list price was $296,249.

Current days-on-market are 59 up from 49 in September. The absorption rate for Downtown and Oliver condos as of today stands at 4.5 months compared to 4.7 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!

Friday, September 4, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices, number of sales, average days-on-market, and inventory are down in August of 2015.

60 condos have sold on the MLS® in Oliver and Downtown area in August of 2015, 14 less than last month and 6 less than in August of 2014. The selling price ranged from $137,000, 538 square foot one bedroom in Royal Oak, to $750,000, two bedroom 1,410 sq.ft. condo in Icon One on 104th street. The average selling price was $286,217 down by 3% from last month and down by 4.8% from August of 2014. The price per square foot was actually up at $331 from $318, due to a larger amount of smaller condos sold in August. The inventory has decreased from 250 to 237 condos available.

The average list price was $295,209 and $342 per sq ft. Current days-on-market are 50, while sold-to-list price ratio has gone down by 1% to96%. The current absorption rate for Downtown and Oliver condos as of today stands at 3.9 months compared to 3.4 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