Thursday, May 9, 2013

New Listing #203 9808 103 Street, Downtown Edmonton

$239,900  YOUR RIVER VALLEY LIFESTYLE AWAITS!  This 2 bedroom + 2 bath Downtown condo in The Horizon high rise is perfect for students or professionals.  Main features are: spacious living room which leads to dining area with sliding door to covered balcony, galley kitchen, flex space with in-suite laundry, and efficient entrance with extra storage.  Master bedroom offers 3pc ensuite and walk through closet, while the 2nd bedroom is beside the main bath.  You will enjoy your heated underground parking stall with the option to rent a 2nd space.  All utilities included in condo fees and pets with board approval.  This fantastic location will be your epicenter to the River Valley, Muttart Conservatory, Legislature, and Downtown core with all the shops, galleries, and fine dining.  Convenient  to U of A, Grant McEwan Campus, and NAIT via ETS.  SMART MOVE!

Click on the link for more info:  #203 Horizon Downtown, Edmonton

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Thursday, May 2, 2013

Downtown & Oliver Real Estate Market Update

Downtown & Oliver condo prices, inventory, and number of sales are up in April of 2013.

57 condos have sold on the MLS® in Oliver and Downtown in April of 2013, 1 more than last month and 1 more than in April of 2012. The selling price ranged from $115,000, 958 sq.ft. two bedroom condo in the Torrey Pines, to $1,075,000, two level, 4,441 sq.ft condo in the Arcadia.

The average selling price was up by 1.6% from last month and 11% up from April of 2012. The price per square foot was up by $16 to $319. The inventory has increased from 234 to 267 condos available. The average selling price was $311,818 and average list price $325,557 and $328 per sq ft. Current days-on-market are up to 67 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 4.7 months.