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 info@edmontonrealestateweb.com 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