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

Monday, August 10, 2015

SOLD IN 24 Days! Hillside Estates #504 9903 104 Street Downtown Edmonton!

UPTOWN LIFESTYLE IN THE HEART OF DOWNTOWN. Enjoy this fully renovated one bedroom 5th floor north facing high rise condo in Hillside Estates. Starting with the beautiful galley kitchen, upgraded countertops, tons of pot lights, and tile flooring. Moving on, the spacious living room which has newer laminate flooring and sliding door access to the balcony. Updated 4pc bath has a newer tub, toilet, and trendy finishing. Bright and ample bedroom comes with A/C. 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 2 blocks south of Bay LRT station and walking distance to the Legislature Grounds. Perfect for students or professionals! Live, work and play Downtown!

Monday, July 6, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices and inventory are down in June of 2015, while number of sales and average days-on-market are up!

73 condos have sold on the MLS® in Oliver and Downtown area in June of 2015, 9 more than last month and 2 less than in June of 2014. The selling price ranged from $103,000, 653 square foot one bedroom in Cedar Village, to $738,000, two bedroom plus den 1,605 sq.ft. condo in Grandin Green. The average selling price was 290,204, down by 5.2% from last month and down by 4.3% from June of 2014.

The price per square foot was also down slightly at $304 from $306. The inventory has decreased from 310 to 275 condos available. The average list price was $298,204 and $312 per sq ft. Current days-on-market are 51, while sold-to-list price ratio hasn’t changed at 97%.

The current absorption rate for Downtown and Oliver condos as of today stands at 3.7 months compared to 4.8 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, June 4, 2015

Downtown Edmonton Real Estate Market Update!

Downtown and Oliver condo prices and average "days-on-market" are down in May of 2015, while number of sales and inventory are up!

64 condos have sold on the MLS® in Oliver and Downtown area in May of 2015, 32 more than last month and 17 less than in May of 2014. The selling price ranged from $98,500, 341 square foot studio in The Hargate, to $850,000, three bedroom 2,209 sq.ft. condo in the Arcadia. The average selling price was 306,117, down by 4.2% from last month and up by 4.0% from May of 2014. The price per square foot was also down at $306 from $323.

The inventory has increased from 285 to 310 condos available. The average list price was $313,621 and $314 per sq ft. Current days-on-market are 36, while sold-to-list price ratio has gone up by 1% to 97%. The current absorption rate for Downtown and Oliver condos as of today stands at 4.8 months compared to 8.2 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!

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...