Friday, January 20, 2012

Valhalla Condos Sales Report

Valhalla Condos Sales History
Location: 11307 99 Avenue Oliver, Edmonton

Since January of 2011, 4 condos have sold through the MLS® SYSTEM in the Valhalla high rise, ranging in selling price from $225,000 to $260,000.

The average size of the sold condos was 946 sq.feet, the average selling price $241,250 and $268 per square foot and list price $253,100 and 281 per square foot. It took on average 71 days for these condos to sell, while sold-to-list price ratio was 95%.

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

Valhalla Condos For Sale <<< click here

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

Monday, January 2, 2012

Downtown & Oliver Real Estate Market Update

Downtown & Oliver condo prices and inventory are down in December, while days-on-market and number of sales are up!

38 condos have sold through the MLS® System in Oliver and Downtown in December of 2011, 26 percent more than last month and 19% more than in December of 2010. The selling price ranged from $117,000, 478 sq.ft. studio in Glenora Manor, to $800,000 two bedroom 2,283 sq.ft. condo in the Carlisle high rise.

The average selling price was down by 2.8% from last month and 5.2% up from December of 2010, whereas the price per square foot was down by $20.00 to $273 per sq.ft. The inventory has decreased from 227 to 169 condos available, lowest level in the last 3 years. The average selling price was $273,454 and $273 per square foot and average list price $285,365 and 285 per sq ft. Current days-on-market have increased to 65 from 63 days while sold-to-list price ratio has was same at 95%.

Average selling prices for Downtown & Oliver condos:

2011 - $275,823   2010 - $278,789   2009 - $260,169   2008 – 261,511

The current absorption rate for Downtown and Oliver condos as of today stands at 4.8 months.