Sunday, September 18, 2016

SOLD! #205 In Tower On The Park! 9715 110 Street Edmonton!

YOUR RIVER VALLEY LIFESTYLE AWAITS! 2 bedroom + 2 bath condo in "Tower On The Park" in sought after GRANDIN/OLIVER. Main features are: spacious living room, modern kitchen with stainless steel appliances, in-suite laundry, efficient entrance with extra storage, and west facing balcony. Master bedroom offers 3pc ensuite, while the 2nd bedroom is beside the main bath. You will enjoy your heated underground parking stall. All utilities included in condo fees. This fantastic location will be your epicenter to the River Valley, the Legislature, and Downtown with plenty of shops, galleries, and fine dining. Convenient to U of A, Grant McEwan Campus, and NAIT. STEPS FROM GRANDIN LRT STATION!

SOLD By Derek Hulewicz with Remax Real Estate.  Find out about our Superior Marketing Strategies 780-220-4224.

Condos sold in Tower On The Park <<< click the link

Wednesday, September 7, 2016

Downtown Edmonton Real Estate Market Remains Stable!

Downtown and Oliver condo prices and average days on market are up in August of 2016, while number of sales and inventory are down!

50 condos have sold on the MLS® in Oliver and Downtown area in August of 2016, 11 less than last month and 10 less than in August of 2015. The selling price ranged from $115,000, 447 square foot studio in Glenora Manor, to $757,500, 2,209 sq.ft. 3 bedroom condo in the Arcadia. The average selling price was $316,685 up by 9.3% from last month and up by 9% from August of 2015 while the average list price was $328,099.

The inventory has decreased to 271 from 295 condos available. Current days-on-market are 53 up from 49 in July of 2016. The absorption rate for Downtown and Oliver condos as of today stands at 5.4 months compared to 4.8 last month.

All the information in this article has been provided by Realtors® Association of Edmonton.

Brought to you by Downtown Edmonton Real Estate Blog!