Sunday, July 10, 2011

Peregrine Point Condos

Peregrine Point Condos Sales Report

Location: 9707 105 Street, Edmonton

Since January of 2010, 5 condos have sold through the MLS® SYSTEM in the Peregrine Point condo high rise ranging in selling price from $234,000 to $352,000. The average selling price for these Downtown condos was $286,800 and $262 per square foot and list price $297,320 and 271 per square foot. It took on average 53 days for these condos to sell ranging from 145 to 21 days, while sold-to-list price ratio was 96%, 99 to 94 percent range.

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

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

Monday, July 4, 2011

Downtown & Oliver Real Estate Market Update

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

63 condos have sold through the MLS® System in Oliver and Downtown in June of 2011, same as last month and 12.5% more than in June of 2010. The selling price ranged from $108,000, one bedroom 420 square feet unit in the Cambridge Lofts, to $445,000 2 bedroom 1,518 sq.fteet townhouse in Railtown.

The average selling price was down by 6.5% compared to last month and 4% lower compared to June of 2010, whereas the price per square foot was up by 4.2%. The inventory has increased from 326 to 334 condos available. The average selling price was $259,680 and $287 per square foot and average list price $268,531 and 297 per sq ft. Current days-on-market have increased to 43 from 57 days while sold-to-list price ratio has not changed at 96%.

The current absorption rate for Downtown and Oliver condos as of today stands at 5.3 months.