Thursday, September 15, 2011

Marquis Condos Real Estate Market Report

Marquis Condos Sales History

Location: 9725 106 Street, Downtown, Edmonton

Since January of 2010, 8 condos have sold through the MLS® SYSTEM in the Marquis high rise ranging in selling price from $147,000 to $262,500. The average selling price for these Downtown condominiums was $200,975 and $250 per square foot and list price $209,275 and 260 per square foot. It took on average 32 days for these condos to sell ranging from 64 to 10 days, while sold-to-list price ratio was 96%, 102 to 91 percent range.

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

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

Thursday, September 1, 2011

Downtown & Oliver Real Estate Market Update

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

58 condos have sold through the MLS® System in Oliver and Downtown in August of 2011, 25 percent less than last month and 8.8% more than in August of 2010. The selling price ranged from $80,500, one bedroom 441 square feet unit in the Crown Royal, to $724,000 two bedroom 1,604 sq.ft. condo in the Grandin Green high rise.

The average selling price was up by 1.1% from last month and 5.5% higher compared to August of 2010, whereas the price per square foot was also up by $2.00. The inventory has decreased from 303 to 208 condos available. The average selling price was $278,837 and $288 per square foot and average list price $289,620 and 299 per sq ft. Current days-on-market have increased to 59 from 50 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 4.8 months.

Data provided by REALTORS® Association of Edmonton