Tuesday, April 9, 2019

Downtown & Oliver Condo Prices Are Down In March of 2018


19 condos have sold via the MLS® in Oliver and Downtown area in March of 2019, 10 less than last month and 7 less than in March of 2018.

The selling price ranged from $95,000, one bedroom 492 sq.ft. studio in Oliver Ridge, to $640,000, 2 bedroom, 2,235 sq.ft. Penthouse in Hudson House. The average selling price was $246,747 down by 3.14% from last month and down by 16.47% from March of 2018, while the average list price was $256,530. The inventory has increased to 302 from 290 condos available. Current days-on-market are 47, down by 26 days from 73 in February of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 15.9 months.

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








Search for condos at: Downtown Edmonton Condos For Sale

Monday, January 14, 2019

Downtown & Oliver Condo Prices Are Downtown In December of 2018

21 condos have sold via the MLS® in Oliver and Downtown area in December of 2018, 1 less than last month and 35 less than in December of 2017.

The selling price ranged from $84,500, one bedroom 360 sq.ft. studio in The Hargate, to $655,000, 3 bedroom condo in The Illuminada. The average selling price was $276,848 up by 3.4% from last month and down by 10.7% from December of 2017, while the average list price was $296,890. The inventory has decreased to 205 from 240 condos available. Current days-on-market are 83, up by 7 days from 75 in November of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 9.8 months.

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










Brought to you by: Downtown Edmonton Real Estate Blog!

Thursday, November 8, 2018

Downtown & Oliver Condo Market Down In October of 2018

31 condos have sold via the MLS® in Oliver and Downtown area in October of 2018, 1 less than last month and 5 less than in October of 2017.

The selling price ranged from $96,380, one bedroom 604 sq.ft. condo in The Hargate, to $600,000, unit in The Seventh Street Lofts. The average selling price was $258,791 down by 11.3% from last month and down by 20.2% from October of 2017, while the average list price was $270,961. The inventory has decreased to 273 from 310 condos available. Current days-on-market are 50 down from 67 in September of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 8.8 months.

IMPORTANT TO NOTE: the selling price average is much lower due to 29 out of 31 condos that have sold in October, sold below 500K mark. One should look at the average for at least last 6 months to get the sense of the market.

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









Brought to you by: Downtown Edmonton Real Estate Blog!

Wednesday, September 19, 2018

Downtown Edmonton Real Estate Market Down Slightly In August of 2018!


42 condos have sold via the MLS® in Oliver and Downtown area in August of 2018, 12 less than last month and 3 less than in August of 2017.

The selling price ranged from $118,000, one bedroom 540 sq.ft. condo in River Valley Condominiums, to $2,450,000, penthouse in the Pearl Tower. The average selling price (excluding the Pearl Tower sale) was $282,751 up by 0.8% from last month and down by 7.6% from August of 2017, while the average list price was $294,690. The inventory has decreased to to 365 from 380 condos available. Current days-on-market are 64 up from 58 in July of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 8.7 months.

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







Brought to you by: Downtown Edmonton Real Estate Blog!

Thursday, June 7, 2018

Downtown Edmonton Real Estate Market Update!

50 condos have sold via the MLS® in Oliver and Downtown area in May of 2018, 7 less than last month and 10 more than in May of 2017.

The selling price ranged from $100,000, 95 square foot studio in The Oliver Marquis, to $923,895, 1,450 sq.ft. stacked townhome at the Boulevardier. The average selling price was $306,410 up by 3.6% from last month and down by 4.5% from May of 2017, while the average list price was $306,410. The inventory has increased to 428 from 382 condos available. Current days-on-market are 58 up from 47 in April of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 8.6 months.

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







Brought to you by Downtown Edmonton Real Estate Blog!

Tuesday, May 8, 2018

Condos Sold In Grandin Manor Edmonton!


In the last 12 months, 6 apartment style two bedroom condos have sold via the MLS® system in The Grandin Manor at 9741 110 Street, in Oliver Edmonton.

The selling price ranged from $372,000 to $420,000. The average selling price was $391,077, $369 per sq.foot, while the average list price was $407,275. It took on 67 days for these condominiums to sell. The average size of these units was 1,060 sq.ft.

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

http://www.edmontonhomesweb.com/selling.php

Monday, May 7, 2018

Downtown Edmonton Real Estate Market Update

57 condos have sold via the MLS® in Oliver and Downtown area in April of 2018, 31 more than last month and 11 more than in April of 2017.

The selling price ranged from $130,000, 532 square foot one bedroom in The River Valley Condominiums, to $650,000, 1,575 sq.ft. 2 bedroom unit in The Serenity. The average selling price was $295,411 down by 9.3% from last month and down by 4.3% from April of 2017, while the average list price was $325,750. The inventory has increased to 382 from 245 condos available. Current days-on-market are 47 down from 55 in March of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 6.7 months.

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









Brought to you by Downtown Edmonton Real Estate Blog

Tuesday, March 27, 2018

JUST LISTED! $144,900 #202 In Oliver Arms!


http://www.edmontonhomesweb.com/listing/e4102396-202-10250-116-street-edmonton-ab-t5k-1w4/
 Click photo for more details
AWESOME IN OLIVER!  FULLY RENOVATED one bedroom, 2nd floor condo in "The Oliver Arms".  Upgrades include: bright-white galley kitchen with subway tile backsplash and newer appliances, ample dining area with fan, bright and spacious living room with built-in electric fireplace, surrounding cabinetry, and pot lights.  Bathroom has newer paint, tile, tub surround, and custom storage cabinet.  Extra features are: bedroom and hall closets with modular shelving, IN-SUITE  high-efficiency combo washer/dryer, balcony, and one parking stall.  All utilities are included in the condo fees, except power.  Superbly situated on a mature tree-lined street, walking distance from all the amenities of Jasper Avenue and Oliver Square.  Quick access to Downtown, Grant MacEwan, Brewery and Ice Districts,  River Valley, U of A, and so much more.  SMART MOVE!