Friday, December 9, 2016

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

36 condos have sold on the MLS® in Oliver and Downtown area in November of 2016, 1 less than last month and 7 less than in November of 2015.

The selling price ranged from $121,750, 532 square foot studio in River Valley Condominiums, to $1,390,000, 1,995 sq.ft. penthouse in The Ultima. The average selling price (excluding The Ultima sale) was $312,117 up by 0.8% from last month and up by 2.0% from November of 2015 while the average list price was $325,161.

The inventory has decreased to 232 from 240 condos available. Current days-on-market are 50 down from 52 in November of 2016. The absorption rate for Downtown and Oliver condos as of today stands at 6.4 months compared to 6.5 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

Thursday, October 6, 2016

Downtown Edmonton Condo Prices Are Down In September!

Downtown and Oliver condo prices, number of sales and inventory are down in September of 2016 , while "days on market" are up!!

38 condos have sold on the MLS® in Oliver and Downtown area in September of 2016, 12 less than last month and 11 less than in September of 2015.  The selling price ranged from $98,000, 344 square foot studio in The Hargate, to $575,000, 1,417 sq.ft. 2 bedroom sub-penthouse in Icon One.  The average selling price was $316,685 down by 11% from last month and down by 5% from September of 2015 while the average list price was $293,644.

The inventory has decreased to 251 from 271 condos available.  Current days-on-market are 60 up from 53 in August of 2016.  The absorption rate for Downtown and Oliver condos as of today stands at 6.6 months compared to 5.4 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!

Sunday, September 18, 2016

SOLD! #205 In Tower On The Park! 9715 110 Street Edmonton!



YOUR RIVER VALLEY LIFESTYLE AWAITS! 2 bedroom + 2 bath condo in "Tower On The Park" in sought after GRANDIN/OLIVER. Main features are: spacious living room, modern kitchen with stainless steel appliances, in-suite laundry, efficient entrance with extra storage, and west facing balcony. Master bedroom offers 3pc ensuite, while the 2nd bedroom is beside the main bath. You will enjoy your heated underground parking stall. All utilities included in condo fees. This fantastic location will be your epicenter to the River Valley, the Legislature, and Downtown with plenty of shops, galleries, and fine dining. Convenient to U of A, Grant McEwan Campus, and NAIT. STEPS FROM GRANDIN LRT STATION!

SOLD By Derek Hulewicz with Remax Real Estate.  Find out about our Superior Marketing Strategies 780-220-4224.

Condos sold in Tower On The Park <<< click the link

Wednesday, September 7, 2016

Downtown Edmonton Real Estate Market Remains Stable!

Downtown and Oliver condo prices and average days on market are up in August of 2016, while number of sales and inventory are down!

50 condos have sold on the MLS® in Oliver and Downtown area in August of 2016, 11 less than last month and 10 less than in August of 2015. The selling price ranged from $115,000, 447 square foot studio in Glenora Manor, to $757,500, 2,209 sq.ft. 3 bedroom condo in the Arcadia. The average selling price was $316,685 up by 9.3% from last month and up by 9% from August of 2015 while the average list price was $328,099.

The inventory has decreased to 271 from 295 condos available. Current days-on-market are 53 up from 49 in July of 2016. The absorption rate for Downtown and Oliver condos as of today stands at 5.4 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!

Tuesday, July 19, 2016

Downtown Edmonton Real Estate Market Update

Downtown and Oliver condo prices, inventory, and number of sales are up in June of 2016, while average days on market are down!

66 condos have sold on the MLS® in Oliver and Downtown area in June of 2016, 10 more than last month and 7 less than in June of 2015. The selling price ranged from $104,000, 398 square foot studio in The Vila, to $1,725,000, 4,997 sq.ft. penthouse in The Carlisle.

The average selling price was $307,939 (excluding the above million dollars sales) up by 2.3% from last month and up by 5.6% from June of 2015 while the average list price was $319,939. The inventory has increased from 290 to 303 condos available.

Current days-on-market are 54 down from 64 in May of 2016. The absorption rate for Downtown and Oliver condos as of today stands at 4.6 months compared to 5.4 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, May 2, 2016

Downtown Edmonton Real Estate Market Update

Downtown and Oliver condo prices are down in April of 2016, while inventory, number of sales, and average days on market are up!

51 condos have sold on the MLS® in Oliver and Downtown area in April of 2016, 10 more than last month and 19 more than in April of 2015. The selling price ranged from $76,000, 441 square foot studio in The Hargate, to $635,000, two bedroom 1,656 sq.ft. condo in The Glenora.

The average selling price was $300,571 down by 4.5% from last month and down by 6% from April of 2015 while the average list price was $312,055.

The inventory has increased from 245 to 277 condos available. Current days-on-market are 51 up from 41 in March of 2016. The absorption rate for Downtown and Oliver condos as of today stands at 5.4 months compared to 6 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, 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

$299,900! 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!