Wednesday, September 3, 2014

Downtown Edmonton Real Estate Market Update

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

66 condos have sold on the MLS® in Oliver and Downtown area in August of 2014, 11 less than last month and 12 less than in August of 2013. The selling price ranged from $105,000, 401 sq.ft. studio in The Hargate, to $2,625,000, 3,126 sq.ft. 3 bedroom condo, in the not yet built, Symphony Tower. The average selling price (excluding the Symphony sale) was up by 4.2% from last month and up by 7.8% from August of 2013. The price per square foot was down at $302 from $328. The inventory has decreased from 221 to 180 condos available. The average selling price was $300,574 and average list price $309,857 and $312 per sq ft. Current days-on-market are 51 days while sold-to-list price ratio is down at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 2.7 months compared to 2.8 last month.

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








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Friday, August 8, 2014

SOLD in 24 Days! Hyde Park #1401 10160 115 Street, Oliver!

EXECUTIVE LIFESTYLE AWAITS! This 14th floor, South-West facing, 1,300 sq.ft., 2 bdrm + 2 full bath, Oliver condo in Hyde Park high rise has it all! Main features are: HUGE living room which leads to dining area with sliding doors to enclosed balcony, bright-white galley kitchen, IN-SUITE LAUNDRY, and WET-BAR! Master bedroom offers 4pc en-suite, while the 2nd bedroom 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, and ETC...

Sunday, August 3, 2014

Downtown Edmonton Real Estate Market Update

Downtown and Oliver condo prices and inventory are down in July of 2014, while number of sales and average selling price per square foot are up.

77 condos have sold on the MLS® in Oliver and Downtown area in July of 2014, 2 more than last month and 5 more than in July of 2013. The selling price ranged from $134,000, 532 sq.ft. one bedroom unit in the Top of the Valley, to $575,000, 1,625 sq.ft. penthouse in Central Park. The average selling price was down by 5% from last month and down by 2.5% from July of 2013 (mostly due to lower sales this month in higher priced condos). The price per square foot was up at $328 from $322. The inventory has decreased from 244 to 221 condos available. The average selling price was $288,210 and average list price $295,474 and $336 per sq ft. Current days-on-market are 48 days while sold-to-list price ratio is up at 97%.

The current absorption rate for Downtown and Oliver condos as of today stands at 2.8 months compared to 3.2 last month.

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













Sunday, July 13, 2014

SOLD In 23 Days Unit 806 In Residence, 9730 106 Street, Downtown Edmonton!

YOUR RIVER VALLEY LIFESTYLE AWAITS! 8th floor 1 bedroom + 1 bath Downtown condo in The Residence high rise. Features are: hardwood flooring, updated galley kitchen with breakfast bar, bright living room, and IN-SUITE LAUNDRY. Comes with one assigned parking stall. All utilities included in condo fees. Situated within walking distance to LRT, and steps from public transport with quick access to U of A, Grant MacEwan Campus, and NAIT! This fantastic location will be your hub to the River Valley, Muttart Conservatory, Legislature, and Downtown core with shops, galleries, and fine dining. SMART MOVE!

Tuesday, July 8, 2014

Downtown Edmonton Real Estate Market Update!

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

75 condos have sold on the MLS® in Oliver and Downtown area in June of 2014, 6 less than last month and 9 more than in June of 2013. The selling price ranged from $112,500, 570 sq.ft. one bedroom unit in Royal Oak Oliver, to $919,000, three bedroom, 2,228 sq.ft. luxury condo in the Arcadia. The average selling price was up by 3.6% from last month and up by 1.6% from June of 2013. The price per square foot was up at $322 from $316. The inventory has increased from 231 to 244 condos available. The average selling price was $303,354 and average list price $312,698 and $331 per sq ft. Current days-on-market are up to 48 days while sold-to-list price ratio is down to 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.2 months compared to 4.6 in June of 2013.







Brought to you by Downtown Edmonton Real Estate Blog!
 
All the information in this article has been provided by Realtors® Association of Edmonton!
        

Monday, June 9, 2014

Downtown Edmonton Real Estate Market Update!

Downtown & Oliver number of condo sales and inventory are up in May of 2014, while average days-on-market and selling prices unchanged! 

81 condos have sold on the MLS® in Oliver and Downtown area in May of 2014, 8 more than last month and 17 more than in May of 2013. The selling price ranged from $113,000, 448 sq.ft. bachelor in Glenora Manor, to $817,800, two bedroom and a den, 1,613 sq.ft condo in the Serenity high rise.

The average selling price was almost identical as last month and up by 5.6% from May of 2013. The price per square foot was up at $316 from $303. The inventory has increased from 223 to 231 condos available. The average selling price was $292,345 and average list price $300,423 and $324 per sq ft. Current days-on-market are down to 40 days while sold-to-list price ratio unchanged at 97%.

The current absorption rate for Downtown and Oliver condos as of today stands at 2.85 months compared to 3.0 in May of 2014.






Brought to you by Downtown Edmonton Real Estate Blog!

Friday, June 6, 2014

New Listing: #304 9916 113 Street In Central Park Oliver!

$195,000!  LIVE IN CENTRAL PARK!  This one bedroom, 3rd floor south facing condo, is perfect for students or professionals.  Features include: efficient layout, modern colors, laminate/tile flooring, newer appliances, storage room, covered balcony, assigned parking, and paid laundry on same level.  Central Park high-rise offers elevators, exercise room, visitor parking and a fenced private park with a water feature for your enjoyment.  All utilities are included in the condo fees, except power.  This fantastic location will be your epicenter to The U of A, The Legislative Grounds, Downtown, and Jasper Avenue amenities.  Just 3 blocks to Grandin LRT Station!  TRANQUIL RIVER VALLEY LIFESTYLE AWAITS!

#304 9916 113 Street Edmonton <<< click for details

Tuesday, May 6, 2014

Downtown Edmonton Real Estate Market Update



Downtown & Oliver number of sales and inventory are up in April of 2014, while average days-on-market are down and average selling price unchanged! 

73 condos have sold on the MLS® in Oliver and Downtown area in April of 2014, 10 more than last month and 18 more than in April of 2013. The selling price ranged from $110,000, 334 sq.ft. condo in Oliver Ridge, to $853,000, two bedroom, 1,570 sq.ft condo in the Serenity high rise.

The average selling price was almost identical as last month and up by 2.4% from April of 2013. The price per square foot was up at $303 from $293. The inventory has increased from 202 to 223 condos available. The average selling price was $293,798 and average list price $300,568 and $310 per sq ft. Current days-on-market are down to 43 days while sold-to-list price ratio was up by 1% to 97%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.0 months compared to 3.2 in April.


Brought to you by Downtown Edmonton Real Estate Blog