Thursday, May 12, 2011

Newer Downtown & Oliver Condos Market Report

CRITERIA: 2 Bedroom Condos built after 2000 - Downtown & Oliver Area Only:
Since January of 2011, 219 newer 2 bedroom condos have sold through the MLS® SYSTEM in Oliver and Downtown area ranging in selling price from $162,000 to 690,000. The average selling price for these condominiums was $349,474 and $335 per square foot and list price $361,971 and 347 per square foot. It took on average 53 days for these condos to sell ranging from 372 to 5 days, while sold-to-list price ratio was 96%, 109 to 85 percent range.

Derek Hulewicz, REALTOR®, 780-220-4224
All data in this article has been provided by REALTORS® Association of Edmonton

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