Monday, June 10, 2019

Downtown & Oliver Condo Market Up In May of 2019!

42 condos have sold via the MLS® in Oliver and Downtown area in May of 2019, same as last month and 8 less than in May of 2018.  The selling price ranged from $95,000, one bedroom 509 sq.ft. unit in Top of the Valley, to $739,000, 3 bedroom, 2,740 sq.ft. unit in McDougall Place.

The average selling price was $322,528 up by 5.32% from last month and up by 4.99% from May of 2018, while the average list price was $336,412. The inventory has increased to 384 from 330 condos available. Current days-on-market are 64, up by 15 days from 59 in May of 2018. The absorption rate for Downtown and Oliver condos as of today stands at 9.14 months.

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










Brought to you by Downtown Edmonton Real Estate Blog!

Sunday, May 26, 2019

Another Condo Sold In Renaissance Place, Downtown Edmonton!



RIVER VALLEY LIFE STYLE AWAITS! Awesome view from this 1bed 1bath 18th floor Downtown condo in Renaissance Place! Features include: 708 sq,ft. of living space, galley kitchen, generous dining area, bright and spacious living room, huge balcony, storage room, central elevators, same floor laundry, and heated underground parking stall. BUT WAIT, THERE'S MORE: indoor swimming pool with amazing view, hot tub, sauna, exercise room, outdoor patio, pool room, inviting lobby and visitor parking. All utilities are included in the condo fees, except power. Walking distance to the River Valley, Downtown core, Roger's Place and more. QUICK POSSESSION!

Sold By Derek Hulewicz Realtor with Remax Select!

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