Saturday, June 18, 2011

Vintage Manor Condos

Vintage Manor Condos Sales Report

Location: 10315 115 Street, Edmonton

In the last 12 months, 3 condos have sold through the MLS® SYSTEM in the Vintage Manor condo complex ranging in selling price from $189,000 to $242,000. The average selling price for these Oliver condos was $216,833 and $292 per square foot and list price $223,233 and 301 per square foot. It took on average 23 days for these condos to sell ranging from 34 to 7 days, while sold-to-list price ratio was 97%, 98 to 97 percent range.

SALES REPORT: If you would like to see current listings and which condos have sold and for what price in the vintage Manor, email us at and we will send you the sales history free with no obligation.

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

Thursday, June 2, 2011

Downtown & Oliver Real Estate Market Update

Downtown & Oliver condo prices are down in May while number of sales and inventory are up.

64 condos have sold through the MLS® System in Oliver and Downtown in May of 2011, 15 percent more than last month and 1.5% less than in May of 2010. The selling price ranged from $90,000, one bedroom 365 square feet unit in the Hargate, to $715,000 2 bedroom 2,084 sq.ft condo in the Carlisle high rise.

The average selling price was down by 3.9% compared to last month and 8.3% lower compared to May of 2010, whereas the price per square foot was also down by 3.5%. The inventory has increased from 309 to 326 condos available. The average selling price was $278,068 and $275 per square foot and average list price $289,440 and 287 per sq ft. Current days-on-market have increased to 57 from 50 days while sold-to-list price ratio has decreased to 95% from 96%..

The current absorption rate for Downtown and Oliver condos as of today stands at 5.1 months.