Are the prices of condos around University higher than Downtown Edmonton ? Well, let's look at the numbers:
Edmonton Strathcona & Garneau compared to Downtown & Oliver
Number of current listings: 74 / 372
Average size : 1034 sq.feet / 987 sq.feet
Average List Price: 322, 551 / 316,847
Avearge price per sq.foot: 320.81 / 317.15
Number of condos sold in the
last 90 days: 30 / 139
Average sold price: 265,945 / 251,675
Average sold price per sq.foot 278.52 / 271. 05
Average days on market 49 / 56
Average sold to list price 94% / 95 %
Conclusion:
Based on the above numbers, Garneau and Strathcona condos were selling on average 5.37% higher that in Oliver and Downtown. It also took 7 days less to sell the condos in Garneau and Strathcona. ( all numbers based on the last 90 days sales )
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