Year to Date Downtown Market History

Year 2009 is almost behind us as Christmas holidays and New Year approaches. We got a dusting of snow couple days ago, yet temperature remains about average for this time of year. I am sure we will pay in the next few months to come. Every so often, we like to look at comparables for the year. It is just another way to evaluate the real estate market for Downtown and Oliver. We consider number of condominiums sold, average sold price, per square foot sold price, average days on market and sold-to-list ratios.

2009 Year to date - Downtown and Oliver condos

707 units sold, price range 75,000 - 2.3 million, sold price 271,701 / 281 per square foot, Days on market 55, Sold-to-list price ratio 95%.

2008 January 1 to November 22 - Downtown and Oliver condos

649 units sold, price range 103,500 - 1.45 million, sold price 277,785 / 303 per square foot,  Days on market 56, Sold-to-list price ratio 95%.

2007 January 1 to November 22 - Downtown and Oliver condos

649 units sold, price range 119,900 - 950,000, sold price 279,610 / 330 per square foot,  Days on market 26, Sold-to-list price ratio 98%.

2006 January 1 to November 22 - Downtown and Oliver condos

850 units sold, price range 61,000 - 1,378,000, sold price 213,206 / 228 per square foot,  Days on market 22, Sold-to-list price ratio 100%.

Data provided by REALTORS® Association of Edmonton

Edmonton Real Estate - home page