Thursday, April 3, 2014

Downtown Edmonton Real Estate Market Update


Downtown & Oliver condo prices, number of sale, and inventory are up in March of 2014, while average days-on-market are down!


63 condos have sold on the MLS® in Oliver and Downtown area in February of 2014, 18 more than last month and 7 more than in March of 2013. The selling price ranged from $90,000, 635 sq.ft. condo in Torrey Pines, to $685,000, four bedroom, 2,337 sq.ft condo in the Arcadia high rise.

The average selling price was up by 6.5% from last month and down by 3.1% from March of 2013. The price per square foot was also up at $293 from $288. The inventory has increased from 172 to 202 condos available. The average selling price was $297,426 and average list price $306,065 and $301 per sq ft. Current days-on-market are down to 56 days while sold-to-list price ratio was up by 1% to 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.2 months compared to 3.9 in February.




Brought to you by: Downtown Edmonton Real Estate Blog

Thursday, March 27, 2014

$439,900 New Listing #203 In Victoria Plaza, 11710 100 Avenue Edmonton

ELEGANT AND MODERN!  This south facing onto the River Valley, 2bed + 1.5bath, 1,464 sq.ft. condo in Victoria Plaza, has been tastefully renovated throughout.  As you enter, you will be amazed by the stone feature wall, bright-white kitchen with stainless steel appliances, and gorgeous granite.  As you proceed, notice the spacious open concept, gleaming hardwood, lots of windows, and a large balcony with a view of the Promenade and River Valley.  The generous master offers southern view and 2pc en-suite.  The 2nd bedroom is sunny and ample.  Sizable storage room can house laundry.   This concrete high rise boasts 2 elevators, enormous social room, swimming pool, fitness area, and underground parking.  Note: 25+ age restriction.  This fantastic location will be your epicenter to the River Valley and Downtown core with shops, galleries, and fine dining.  Quick access to U of A Campus.  The Cosmopolitan lifestyle awaits!

Click on the link for more details & photos >>> #203 Victoria Plaza 

Saturday, March 22, 2014

$639,000 New Listing #103 Phillips Lofts, Downtown Edmonton


THE ULTIMATE DOWNTOWN ADDRESS...Phillips Lofts.  Here is a rare opportunity to own one of the most prestigious and sought after properties in Edmonton. Built in 1913 as a warehouse and totally renovated in 2002, with original brick walls and beam posts.  This fabulous open concept 1,410 sq.ft. loft charms with historic architectural details and modern comforts.  Notable features are: 12 ft ceilings, lots of large windows with south and west exposure, maple cabinets, granite, hardwood floors throughout, in-suite laundry, storage room, air conditioning, secure gated parking stall, and the shared roof top patio.  Wow, intriguing bank vault room and a 2nd private entrance right onto 104th street.  Trendy eateries, pubs, cafes, arts district, the future arena, and the Farmer's Market are your new neighbours. DOWNTOWN LIVING AT ITS FINEST!


Click to on the link for more details >>> Phillips Lofts For Sale
 

Wednesday, March 12, 2014

Academy Place Condos Sales Report 2013-2014

Academy Place: 10011 116 Street, Oliver Edmonton

Since January of 2013 till today, 3 condos have sold through the MLS® system in Academy Place high rise.

The average selling price for the 2 two bedroom units sold was $227,450 and $197 per square foot and list price $234,950 and $204 per square foot. It took on average 77 days for these apartments to sell, while sold-to-list price ratio was 96 percent.  Average size of these sold units was 1,154sq.feet.


The average selling price for the 1 one bedroom unit sold was $162,500 and $233 per square foot and list price $174,900 and $251 per square foot. It took 22 days for this condo to sell, while sold-to-list price ratio was 92 percent.  The size of this one bedroom sold was 696 sq.feet.

 
If you would like to see which condos have sold, for what price, and in how many days at Academy Place, send a request by email to >>> Condos Sold in Edmonton <<< Absolutely FREE and NO OBLIGATIONS!

Tuesday, March 4, 2014

Downtown Edmonton Real Estate Market Update

Downtown & Oliver condo prices are unchanged in February of 2014, while number of sales and inventory are up!

45 condos have sold on the MLS® in Oliver and Downtown area in February of 2014, 5 more than last month and 2 more than in February of 2013. The selling price ranged from $113,000, 613 sq.ft. condo in the Hargate, to $552,500, two bedroom, 2,249 sq.ft penthouse in Hudson House high rise.

The average selling price was down by 0.7% from last month and 3.6% down from February of 2013. The price per square foot was also down to $288 from $297. The inventory has increased from 160 to 172 condos available. The average selling price was $278,821 and average list price $291,130 and $299 per sq ft. Current days-on-market are down to 64 days while sold-to-list price ratio was down by 1% to 95%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.9 months.



Wednesday, February 5, 2014

Downtown Edmonton Real Estate Market Update


Downtown & Oliver condo prices are down slightly in January of 2014, while number of sales, average days on market, and inventory are up!

40 condos have sold on the MLS® in Oliver and Downtown area in January of 2014, 10 more than last month and 13 more than in January of 2013. The selling price ranged from $98,800, 445 sq.ft. condo in the Hargate, to $645,000, two bedroom, 1,579 sq.ft condo in the Serenity high rise.

The average selling price was down by 1.1% from last month and 3% up from January of 2013. The price per square foot was identical at $297. The inventory has increased from 153 to 160 condos available. The average selling price was $281,022 and average list price $291,009 and $308 per sq ft. Current days-on-market are down to 68 days while sold-to-list price ratio is the same as last month at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 4 months.



Brought to you by Downtown Edmonton Real Estate blog.

Saturday, January 4, 2014

Downtown Edmonton Real Estate Market Update

Downtown & Oliver condo prices and inventory are slightly down in December of 2013, while number of sales and average days on market are up!

33 condos have sold on the MLS® in Oliver and Downtown area in December of 2013, 1 more than last month and 11 more than in December of 2012. The selling price ranged from $120,000, 890 sq.ft. condo in Seasons on the Park, to $950,000, 1,851 sq.ft penthouse in the Icon II high rise.

The average selling price was down by 6.5% from last month and 5% up from December of 2012. The price per square foot was up by $1 to $297. The inventory has decreased from 197 to 153 condos available. The average selling price was $284,022 and average list price $294,796 and $309 per sq ft. Current days-on-market are 57 days while sold-to-list price ratio remained same at 96%. 

The current absorption rate for Downtown and Oliver condos as of today stands at 4.6 months.
























Wednesday, December 4, 2013

Downtown Edmonton Real Estate Market Update


Downtown & Oliver condo prices are and average days on market up slightly in November of 2013, while number of sales and inventory are down!

32 condos have sold on the MLS® in Oliver and Downtown area in November of 2013, 14 less than last month and 6 less than in November of 2012. The selling price ranged from $105,000, 520 sq.ft. condo in Harwood Plaza, to $925,000, two bedroom, 2,130 sq.ft condo in the Arcadia high rise.

The average selling price was up by 4.9% from last month and 8.2% up from November of 2012. The price per square foot was down by $19 to $296. The inventory has decreased from 220 to 197 condos available. The average selling price was $303,716 and average list price $316,100 and $307 per sq ft. Current days-on-market are up to 79 days while sold-to-list price ratio is down by 1% at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 6.1 months, an increase from last month of 4.7.