Friday, 28 November 2014

Crestwood Homes for Sale

Crestwood Homes for Sale

Visit Crestwood homes for sale for active MLS® listings of houses, duplexes, townhomes and condos for sale in this west central Edmonton neighbourhood.  As we end 2014, the average selling price for a single family detached house in Crestwood for the year has reached $778,398.   Comparing the selling price average to last year,  the average sold price for a home in Crestwood was $721,819.  That is an increase in property values of 7.8% on an annual basis. These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the high end / luxury price segment of the Crestwood Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $2,775,000. That home was in East Crestwood (east side of 142 Street), it was a 2500 square foot walkout bungalow with a triple attached garage.   At the entry level end of the market for Crestwood Edmonton,  the lowest priced home in the neighbourhood this year that sold, sold for $370,000.  The home was a 3 level split and it was located on the busier road, 149th street in the neighbourhood. On average it has been taking 52 days to sell a home in Crestwood, Edmonton this year. This is slower than the Edmonton average days on market of 40 days in 2014.  Going back to 2005, Crestwood real estate property values have appreciated by 68%.

In the duplex / townhouse market of Crestwood, the average sale price for a duplex in 2014 has been $420,000 with an average time to sell a Crestwood duplex of 112 days. 

Lastly, in the condo market in Crestwood, the average selling price for condo this year has reached $462,500.  The highest price that a condo sold for in Crestwood in 2014 has been $595,000.  On average it is taking 53 days to sell a condo in Crestwood.  The condo complexes in Crestwood that have had units sell in them include: The Valleyview and Crestwood Court



Capilano Homes for Sale

Capilano Homes for Sale

Visit Capilano homes for sale for active MLS® listings of houses, duplexes, townhomes and condos for sale in this southeast Edmonton neighbourhood.  As we finish off 2014, the average selling price for a single family detached house in Capilano for the year has reached $458,235.   Comparing the selling price average to last year,  the average sold price for a home in Capilano was $414,666.  That is a healthy increase in property values of 10.5% on an annual basis. These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the high end / luxury price segment of the Capilano Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $685,000. That home was a 2500 square foot two story home on a pie lot.  It had been renovated in the past by Habitat Studios.   At the entry level end of the market for Capilano Edmonton,  the lowest priced home in the neighbourhood this year that sold, sold for $347,000.  The home was a roughly 1100 square foot bungalow and it was located on the busier road, 50th street in the neighbourhood. On average it has been taking 32 days to sell a home in Capilano, Edmonton this year. Or, about a week quicker the Edmonton average days on market of 40 days in 2014.  Going back to 2005, Capilano real estate property values have appreciated by 85%.



Thursday, 27 November 2014

Bulyea Heights Homes for Sale

Bulyea Heights Homes for Sale

Click on Bulyea Heights homes for sale active MLS® listings of houses, duplexes, townhomes and condos for sale in this Edmonton neighbourhood in the Riverbend area.  So far in 2014, the average selling price for a single family detached house in Bulyea Heights for the year has reached a lofty $621,312.  Bulyea Heights consistently is one of the top 20 most highest priced neighbourhoods in Edmonton.   The Whitemud Ravine location is a definite plus for this southwest Edmonton neighbourhood.  In 2013, the average sold price for a home in Bulyea was $549,963.  Therefore property values have appreciated by 13% on an annual basis in Bulyea Heights.   These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the upper end / luxury price segment of the Bulyea Heights Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $1,610,000. That home was a large 3300 square foot two story with a walkout basement.  It faced the ravine and also backed onto a park.   At the entry level end of the market of Bulyea Heights,  the lowest priced home in the neighbourhood this year that sold, sold for $440,000.  The home was a 1600 square foot bungalow with an unfinished basement.  It was one of only three homes that sold for less than $500,000 in Bulyea this year.  On average it has been taking 34 days to sell a home in Bulyea Heights Edmonton this year. Or in other words about a week quicker the Edmonton average days on market of 40 days in 2014.  Going back to 2005, Bulyea Heights real estate property values have appreciated by 86%.

Lastly, moving over to the Bulyea Heights condo market, the average selling price for a condo in the neighbourhood so far this year has been $486,796 with an average time to sell a condo of 41 days.  The condo complexes that have had units sell in them this year in Bulyea Heights include: Brookview Estates, Horizon Whitemud and Ravine Pointe.

Breckenridge Greens Homes for Sale

Breckenridge Greens Homes for Sale

Visit Breckenridge Greens homes for sale for the current listings of houses, duplexes, townhomes and condos for sale in this west Edmonton neighbourhood also known as Lewis Estates.  As 2014 comes to a close, the average selling price for a single family detached house in Breckenridge Greens for the year has now reached $432,483.  Breckenridge Greens tends to follow the Edmonton average selling price for single family dwellings quite closely.   In 2013, the average sold price for a home in Breckenridge was only $406,568.  As a result, property values have appreciated by 6.4% on an annual basis in Breckenridge.   These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the high end / luxury price segment of the Breckenridge Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $495,000. That particular sale backed onto the Lewis Estates Golf Course.  It was over 1800 square feet and the basement was fully finished.   At the affordable end of the market, in the starter home price segment of Breckenridge,  the lowest priced home in the neighbourhood this year that sold, sold for $371,000.  That home sold over list price and was in multiple offers.  The home was a 1600 square foot home and sold very early in the year.   On average it has been taking 33 days to sell a home in Breckenridge Greens Edmonton this year. That is about a week quicker the Edmonton average days on market of 40 days in 2014.  Going back to 2005, Breckenridge Greens real estate property values have appreciated by 77%.

Lastly, moving over to the Breckenridge Greens condo market, the average selling price for a condo in the neighbourhood so far this year has been $253,847 with an average time to sell a condo of 54 days.  The condo complexes that have had units sell in them this year in Breckenridge include: Grande Lewis Estates, Village Green at Lewis Estates and Villas at Breckenridge



Balwin Homes for Sale

Balwin Homes for Sale

Click on Balwin homes for sale for the active listings of houses, duplexes and condos for sale in this Northeast Edmonton neighbourhood just north of the Yellowhead Freeway.  As 2014 is coming to a close, the average selling price for a single family detached house in Balwin for the year has now reached $294,065.  In 2013, the average sold price for a home in Balwin was only $272,415.  Property values have appreciated by  8% on an annual basis in Balwin.   These average sale price amounts above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the upper end / luxury price segment of the Balwin Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $390,000. That home that sold was around 1200 square feet, renovated and it did have a basement suite developed.      At the affordable end of the market, in the starter home price segment of Sakaw,  the lowest priced home in the neighbourhood this year that sold, sold for $157,500.  That particular home was really just lot value, the home was 800 square feet with a dugout basement.   On average it has been taking 38 days to sell a home in Balwin Edmonton this year. That is pretty close to the Edmonton average days on market of 40 days in 2014.  Going back to 2005, Balwin real estate property values have appreciated by a respectable 110%.

In the duplex / row house market in Balwin Edmonton, the average sale price for a duplex in 2014 has reached $293,900. On average it is taking 61 days to sell a duplex in Balwin this year. The highest sale price for a duplex in Balwin was $345,000 and the most affordable duplex sold for $247,500. 

Finally, moving over to the Balwin Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $121,283 with an average time to sell a condo in Balwin of 32 days.  The condo complexes that have had units sell in them this year in Balwin include: Balwin Manor, Bayview, Carol Condominiums and a newly built small 4 unit complex on 127 avenue. 

Wednesday, 26 November 2014

Sakaw Mill Woods Homes for Sale

Sakaw Mill Woods Homes for Sale

View Sakaw Mill Woods homes for sale for current listings of houses, duplexes and condos for sale in this neighbourhood located in southeast Edmonton that is part of the larger Mill Woods subdivision.  As we finish 2014, the average sale price for a single family detached house in Sakaw for the year is now sitting at $363,635.   Compared to last year, in 2013 the average selling price for a single family detached house in Sakaw was $342,999.  That is an increase of 6% for the average annual sold price.  Looking at the entire Millwoods neighbourhood, the average sale price for a single family house in Mill Woods in 2014 has been 356,845.  The average sale price amounts above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the upper end / luxury price segment of the Sakaw Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $600,000. That home that sold was huge!  Over 4000 square feet with a triple garage.  At the lower end of the market, in the starter home price segment of Sakaw,  the most affordable home in the neighbourhood this year sold for $290,000.  The home was a two story style home that was under 1200 square feet, and it did not have a garage.  On average it takes 32 days to sell a home in Sakaw Edmonton this year. That is approximately a week faster than the Edmonton average days on market of 40 days in 2014.  In the entire Mill Woods area, the average days on market has been 32 days as well.  Looking back to 2005 at property values in Sakaw, the real estate property values in the Sakaw neighbourhood have increased by 97%.

In the duplex / row house market in Sakaw Edmonton, the average sale price for a duplex in 2014 has reached $275,000. On average it is taking 29 days to sell a duplex in Sakaw this year. The highest sale price for a duplex in Sakaw was $325,000 and the most affordable duplex sold for $220,000. 

Lastly, in the Sakaw Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $249,361 with an average time to sell a condo in Sakaw of 36 days.  The condo complexes that have had units sell in them this year in Sakaw include: Arbour Glen, Sunrise Village and Springs Carrington.

Ozerna Homes for Sale

Ozerna Homes for Sale

Click on Ozerna homes for sale for active listings of houses, duplexes and condominiums for sale in this neighbourhood located in northeast Edmonton that is also known as Cherry Grove.  As we get closer to the end of 2014, the average sale price for a single family detached house in Ozerna for the year reached $456,880.   That is up from last year, in 2013 the average sale price in Ozerna was $423,963.  That is an increase of 7.8% for the average annual sold price.  The average sale price amounts above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the upper end / luxury price segment of the Ozerna Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $755,000. That home sale was an executive bungalow that was roughly 2200 square feet.  At the lower end of the market, in the starter home price segment of Ozerna,  the most affordable home in the neighbourhood this year sold for $335,000.  The home was a bilevel with a double attached garage and it was a fixer upper.    On average it takes 48 days to sell a home in Ozerna Edmonton this year. That is approximately a week longer than the Edmonton average days on market of 40 days in 2014.  Looking back to 2005 at property values in Ozerna , the real estate property values in the Ozerna neighbourhood have increased by 77%.

In the duplex / row house market in Ozerna Edmonton, the average sale price for a duplex in 2014 has reached $349,307. On average it is taking 34 days to sell a duplex in Ozerna this year. The highest sale price for a duplex in Ozerna was $417,958 and the most affordable duplex sold for $295,000. 

Lastly, in the Ozerna Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $213,750 with an average time to sell a condo in Ozerna of 49 days.  The condo complexes that have had units sell in them this year in Ozerna include: Cherry Grove Lane and Mainstreet Santa Fe

Canora Homes for Sale

Canora Homes for Sale

Visit Canora Homes for sale for the current listings of houses, duplexes and condominiums for sale in this neighbourhood located in west central Edmonton. As we finish 2014, the average selling price for a single family detached house in Canora for the year has just passed over the $300,000 threshold.  Canora homes are selling in on average for $300,705.  Comparing that to last year, in 2013 the average selling price in Canora was $283,727, or in other words the neighbourhood has seen a 6% increase in annual average sale prices.   These average selling price values above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price stats.  In the upper end / luxury price segment of the Canora Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $437,000. That particular sale ended up selling higher than list price and also had a basement suite.  It was roughly 1600 square feet and it was a two story style home.  At the lower end of the market, in the starter home price segment of Canora,  the most affordable home in the neighbourhood this year sold for $175,000.  That home was a small 700 square foot 2 bedroom home with a partial basement.   On average it takes 42 days to sell a home in Canora Edmonton this year. That is basically the same as the Edmonton average days on market of 40 days this year.  Looking back to 2005 at property values in Canora, the real estate property values in the Canora neighbourhood have increased by a healthy 108%.

In the duplex / attached home market in Canora Edmonton, the average sale price for a duplex in 2014 has reached $312,654. On average it is taking 55 days to sell a duplex in Canora this year. Roughly 15% of the duplexes sold were infill homes built in 2014.  

Lastly, in the Canora Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $121,433 with an average time to sell a condo in Canora of 65 days.  The condo complexes that have had units sell in them this year in Canora include: Courtyard Manor, Jasper Gate, Marilyn and Lynn Manor, as well as some newer complexes that have not been named as of yet. 

Top 10 Most Expensive Edmonton Neighbourhoods

Top 10 Most Expensive Neighbourhoods in Edmonton

So, where are the top 10 most expensive neighbourhoods in Edmonton?  As a general rule, neighbourhoods near the North Saskatchewan River Valley or near ravines make the list.  The majority tend to be located in mature neighbourhoods although many newer subdivisions made the list.  These neighbourhoods are located predominantly in the southwest or west end of Edmonton. These stats are based on single family detached homes sold (no condos or duplexes are included in the average sale prices), and for sales over the previous 12 months (November 2013 to October 2014).    I also only looked at areas with at least 4 or more sales in the 12 month period.
Here are the top 10 neighbourhoods based on highest average sale price!
  1. Westbrook Estates is head and shoulders higher than number two on the list.  The average selling price in Westbrook is $1,156,983.  That is 23% more than number 2 on the list Magrath Heights.  Westbrook is located on Whitemud Creek and also is next to the Derrick Golf and Country Club. Located in the southwest section of Edmonton.
  2. Magrath Heights is selling for an average price of $895,076.  Magrath is a newer subdivision and like it's name implies is located on a rise overlooking the Whitemud Creek. 
  3. Windsor Park sits at number three with an average sale price in Windsor of $844,376.  This is a neighbourhood that borders the University of Alberta and also borders the North Saskatchewan River valley.
  4. MacTaggart has an average sale price $840,147.  MacTaggart is a newer area and borders Whitemud Creek, it is a neighbourhood that is just south of Magrath Heights.
  5. Oleskiw also known as Country Club is number four at $836,596 and is a subdivision built in the 1970's in the west end of Edmonton.  It also borders a ravine.
  6. Donsdale comes in at 6 with an average selling price of $798,850.  Donsdale is a newer subdivision in the west end and borders the North Saskatchewan River valley. 
  7. Crestwood currently has an average sale price of $792,875.  Crestwood's average selling price fluctuates depending how many homes sell in East versus West Crestwood.  142 street divides the neighbourhood with property values jumping $500,000 or more when you cross the street and end up in the portion of the neighbourhood that is closer to the river.  As a result, when there are a higher proportion of East Crestwood sales, the average selling price moves much higher.
  8. Ogilvie Ridge is at number eight with an average sale price of $788,100.  It is located across the Whitemud Ravine from number one on the list, Westbrook.  
  9. Windermere now has an average sold price of $782,172.  Windermere has the highest number of home sales than any other neighbourhoods on the list.  The neighbourhood is newer and continues to see more and more new construction being completed.   Windermere is in the southwest and also borders the North Saskatchewan River, and the neighbourhood has good access to the Henday freeway.
  10. Grandview Heights is selling on average for $779,659, this is another neighbourhood near the River valley and also bordering Whitemud Creek plus the green space of the University of Alberta Farm.
The majority of the neighbourhoods are in older mature subdivisions.   The neighbourhood that sold the fastest of these ten was Windsor Park where homes only took 33 days to sell.  That is faster than the Edmonton average days on market in 2014 of 40 days to sell.

Tuesday, 25 November 2014

Top Neighbourhoods in Edmonton

Top Neighbourhoods in Edmonton

Another statistical way to determine the popularity of a neighbourhood is by looking at the average selling price for a home in relation to it's list price.  Basically, this metric shows how much a buyer is able to negotiate off of the list price.  As a general rule, the higher the sold price is in relation to the list price, the more popular an area is.  Buyers are unable to negotiate as much with the sellers due to the areas desirability, basic supply and demand.  On average, Edmonton homes sell for 98% off of their list price over the last 12 months (November 2013 to October 2014).    Looking back over the last 12 months , I included the top 10 neighbourhoods with the highest selling price to list price ratio.  I only considered homes with 5 or more homes sold in the 12 months and I didn't include brand new neighbourhoods.  These new neighbourhoods tend to predominantly have builder sales which sell for full list price or higher.  The reason for this is that buyers often add in extras into the original home price when they are buying from a builder and that results in a higher than list price sale price for the home.
Here are the top 10!
  1. Garneau 100.44%.  This University of Alberta area neighbourhood continues to be very popular and with an average sale price to list price ratio over 100% implies that there were many multiple offers in the neighbourhood.  The prime location walking distance to the University, and you are only steps away to popular Whyte Avenue cafes.
  2. Malmo Plains 100.19% This is another neighbourhood that has actually had a higher than 100% sale price to list price ratio. The area is popular due to its access to the Whitemud Freeway and it is also near the University of Alberta Farm greenspace.  Southgate Mall and the LRT (light rail transit) are within walking distance as well.  No surprise that Malmo is high on the list.
  3. York 99.56%  York is located in Northeast Edmonton.  The neighbourhood is not too far from the Clareview Station LRT and adds to the neighbourhoods desirability.  It is located in a spot with easy access to Manning Freeway, Henday and the Yellowhead.  
  4. King Edward Park 99.46% This Mill Creek Ravine neighbourhood continues to be high on the list.  Many infill homes have been built in King Eddy.   Positives of this neighbourhood include the ravine, Whyte Avenue nearby and easy access to Bonnie Doon Shopping Centre.
  5. Blue Quill 99.31% is a south side of Edmonton neighbourhood that is near the Century Park LRT station.  It is also one of the fastest selling neighbourhoods in Edmonton.  
  6. Brander Gardens 99.31% is an old Riverbend neighbourhood with great access to the Whitemud Freeway and perched above Fort Edmonton Park and the North Saskatchewan River Valley.
  7. Prince Charles 99.23% is a neighbourhood that is also seeing quite a few infill properties being built.  It is located next to the old Municipal Airport land that is being redeveloped.  Property values have started to rise in the area due to the increased new construction.
  8. Belle Rive 99.23% is tied with Prince Charles.  This northeast Edmonton neighbourhood which translates from French to "beautiful shore" reflecting the fact that there is a man made lake in the area. 
  9. McKernan 99.08% is another University of Alberta neighbourhood to make the list.  Compared to Garneau, homes tend to be newer in this neighbourhood.
  10. Tipaskan 98.97% is a Mill Woods neighbourhood that borders 91st street and 34th avenue.  It has remained popular despite the Grant Macewan south campus closure. 
So there it is!  For help finding a great neighbourhood to live in, or to sell your existing home, please don't hesitate to contact me by visiting Top neighbourhoods in Edmonton.  

Best Selling Neighbourhoods in Edmonton

Best Selling Neighbourhoods in Edmonton

One way to determine how well a neighbourhood sells is to look at the average days on market. The average time it takes to sell a single family detached home in Edmonton for the last 12 months (from November 2013 to October 2014) has been 41 days.  When you look at the stats broken down by neighbourhood it can give you an indication of the popularity of a neighbourhood.  The faster a home sells in the neighbourhood (lower the number of days on market) implies that the area is desirable.   A note about the stats below, to give a truer representation I've only included neighbourhoods with at least 5 home sales in the last 12 months so there is a decent sample size. Other things to consider is how close to list price that a home sells, the average selling price of a neighbourhood etc.  I will be doing up posts showing the top neighbourhoods based on other selling stats as well.  Here are the top 15!
Top 15 Fastest Selling Neighbourhoods in Edmonton
Bergman 17.7 days to sell
Hairsine 19.1 days to sell
Steinhauer 19.3 days to sell
Blue Quill 21.2 days to sell
Canon Ridge 22.9 days to sell
Lendrum Place 22.9 days to sell
Duggan 23.1 days to sell
Tweddle Place 23.4 days to sell
Ekota 23.6 days to sell
Central McDougall 24.0 days to sell
Garneau 24.0 days to sell
Rio Terrace 24.0 days to sell
Greenfield 24.3 days to sell
Idylwylde 24.5 days to sell
Avonmore 24.5 days to sell
Most of the neighbourhoods continue to be on the south side (10 out of the 15 are neighbourhoods on the south side of the North Saskatchewan river).  3 neighbourhoods are in Northeast Edmonton / Clareview (Bergman, Hairsine and Canon Ridge), and  2 Mill Woods neighbourhoods made the list too (Tweddle Place and Ekota). Only 1 neighbourhood made the list from the west end of Edmonton and that is Rio Terrace.  2 Mill Creek ravine area neighbourhoods made it, Idylwylde near Bonnie Doon Mall and Avonmore.  Central McDougall and Garneau are two centrally located neighbourhoods on either side of the river.  Many of the fast selling neighbourhoods follow the LRT (light rail transit) line on the south side of the river, and those neighbourhoods are Steinhauer, Blue Quill, Lendrum Place, Duggan and Greenfield.

Monday, 24 November 2014

Belmead Homes for Sale

Belmead Homes for Sale

Click Belmead homes for sale for active listings of houses, duplexes and condos for sale in this neighbourhood located just west of West Edmonton Mall in Edmonton. As we are closing out 2014, the average selling price for a single family detached house in Belmead for the year has reached $414,506.  Back in 2013, the average sold price for a home in Belmead was only $380,200, that is equivalent to a 9% price increase year over year.   These average sale price statistics above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values.  In the upper end / luxury price segment of the Belmead Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $530,000. That particular sale was a two story split that was approximately 2200 square feet, and was extensively renovated.  This west end home also had a front attached double garage.   At the lower end of the market, in the starter home price segment of Belmead,  the most affordable home in the neighbourhood this year sold for $308,000.  That home was a 2 bedroom bilevel roughly 950 square feet with a double detached garage.   On average it takes 31 days to sell a home in Belmead Edmonton this year. That is quicker than the Edmonton average days on market of 40 days this year.  Looking at property values in Belmead back to 2005, the real estate property values in the Belmead neighbourhood have increased by 81%.

In the duplex / attached home market in Belmead Edmonton, the average sale price for a duplex in 2014 has reached $262,500. On average it is taking 24 days to sell a duplex in Belmead this year. 

Lastly, in the Belmead Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $217,205 with an average time to sell a condo in Belmead of 37 days.  The condo complexes that have had units sell in them this year in Belmead include: Belmead Gardens, Belmead Manor, Chateau Place, Decoteau Gardens, Park Place, Primrose Park and Summerlea Court

Bisset Mill Woods Homes for Sale

Bisset Mill Woods Homes for Sale

View Bisset Mill Woods Homes for sale for active listings of houses, duplexes and condos for sale in this southeast Edmonton neighbourhood. As we are finishing 2014, the average selling price for a single family detached house in Bisset for the year has reached $356,192.  Comparing that to 2013, last year the average sold price for a home was only $317,391, that works out to a 12% price increase year over year.   In the entire Mill Woods area, the average sale price for a single family home has been $356,614 so far in 2014, almost identical to the Bisset average.  These average sale price statistics above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values.  In the upper end / luxury price segment of the Bisset Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $413,000. That particular sale was a home a two story that was approximately 2200 square feet, it had a front attached garage.   At the lower end of the market, in the starter home price segment of Bisset,  the most affordable home in the neighbourhood this year sold for $307,500.  That home was a 2 bedroom bilevel roughly 800 square feet.   On average it takes 30 days to sell a home in Bisset Edmonton this year. That is quicker than the Edmonton average days on market of 40 days this year.  Comparing property values in Bisset back to the year 2005, the real estate property values in the Bisset neighbourhood have increased by 88%.

In the duplex / attached home market in Bisset Edmonton, the average sale price for a duplex in 2014 has reached $275,000. On average it is taking only 13 days to sell a duplex in Bisset this year. 

Lastly, in the Bisset Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $196,257, with an average time to sell a condo of 39 days.  The condo complexes that have had units sell in them this year in Bisset include: Bisset Bay, Kingsgate,  Millowview, Paradise Village, and Ridgewood Gardens.

Newton Homes for Sale in Edmonton

Newton Homes for Sale in Edmonton

Click Newton Homes for sale in Edmonton for active listings of houses, duplexes and condos for sale in this Northeast Edmonton neighbourhood. As we are closing out 2014, the average selling price for a single family detached house in Newton for the year has reached $296,878.  That selling price is up from 2013, last year in Newton the average sold price for a home was only $279,435, or in other words a 6.2% increase in price year over year.   These average sale price statistics above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values.  In the high end / luxury price segment of the Newton Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $430,000. That home was a bungalow that was roughly 1600 square feet, it had a front attached garage and was built in the early 1990's.  Most of the homes in Newton were built in the 1950's  At the lower end of the market, in the starter home price segment of Newton,  the most affordable home in the neighbourhood this year sold for $147,286.  That home was very small, 500 square feet and it was sitting on a narrower lot with frontage of 33'.   On average it takes 38 days to sell a home in Newton Edmonton this year. That is about the same as the  Edmonton average days on market of 40 days this year.  Comparing property values in Newton back to the year 2005, the real estate property values in the Newton neighbourhood have increased by 88%.

In the duplex / attached home market in Newton Edmonton, the average sale price for a duplex in 2014 has reached $315,000. On average it is taking 39 days to sell a duplex in Newton this year. 

Having a look at the Newton Edmonton condo market, the average selling price for a condo in the neighbourhood so far this year has been $143,000, with an average time to sell a condo of 124 days.  The condo complexes that have had units sell in them this year in Newton were in Ada Place, a condo conversion on 118th avenue. 

Friday, 21 November 2014

Kensington Homes for Sale in Edmonton

Kensington Homes for Sale in Edmonton

Visit Kensington homes for sale in Edmonton for active listings of houses, duplexes and condos for sale in this Northwest Edmonton neighbourhood. As we are finishing 2014, the average selling price for a single family detached house in Kensington for the year is currently $321,761.  Comparing that value to 2013, Kensington had an average selling price of only $301,543, or a 6.7% increase in price year over year.   The average selling price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values.  In the high end / luxury price segment of the Kensington Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $410,000. That home sold over it's list price and was an extensively renovated bungalow just over 1300 square feet.    At the lower end of the market, in the starter home price segment of Kensington,  the most affordable home in the neighbourhood this year sold for $260,000.  That home about 800 square feet with a single detached garage.   On average it takes 31 days to sell a home in Kensington Edmonton this year. Or, about a week faster than the  Edmonton average days on market of 40 days this year.    Looking back to 2005 numbers, the real estate property values in the Kensington neighbourhood have increased by 88%.

In the duplex / attached home market in Kensington Edmonton, the average sale price for a duplex in 2014 has reached $295,214. On average it is taking only 20 days to sell a duplex in Kensington this year. 

Moving to the Kensington condo market, the average selling price for a condo in Kensington so far this year has been $281,833, with an average time to sell a condo of 45 days.  The condo complexes that have had units sell in them this year in Kensington include: Shephard's Place and Shephard's Meadow.

Thursday, 20 November 2014

Beaumaris Castledowns Homes for Sale

Beaumaris Castledowns Homes for Sale

Click Beaumaris Castledowns homes for sale for active listings of houses, duplexes and condos for sale in this Northwest Edmonton neighbourhood. Year to date in 2014, the average selling price for a single family detached house in Beaumaris is currently at $428,750.  Comparing that value to 2013, Beaumaris had an average selling price of $411,700, or a 4.1% increase in price year over year.   The average selling price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values.  In the high end / luxury price segment of the Beaumaris Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $570,000.  That sale was for an almost 2200 square foot 2 story in the Castle Keep area.  The home was near the lake and had a front double attached garage.   At the lower end of the market, in the entry level price segment of Beaumaris,  the most affordable home in the neighbourhood this year sold for $362,500.  That home was a 4 level split style home with an unfinished basement, it was just under 1300 square feet on the top two levels.   On average it takes 43 days to sell a home in Beaumaris this year.  That is pretty close to the  Edmonton average days on market of 40 days this year.    Having a look back to 2005 numbers, the real estate property values in the Beaumaris neighbourhood have increased by 76%. 

Moving to the Beaumaris condo market, the average selling price for a condo in Beaumaris so far this year has been $249,688, with an average time to sell a condo of 52 days.  The condo complexes that have had units sell in them this year in Beaumaris include: Beaumaris Lake Estates, Beaumaris on the Lake, Condor Court, Horizon Beaumaris, Lakeside Estates, Mycroft Mews, Sierras on the Lake and Woodlake.



Greenfield Homes for Sale

Greenfield Heights Homes for Sale

Visit Greenfield homes for sale for current listings of houses, duplexes and condominiums for sale in this south Edmonton neighbourhood. So far in 2014, the average selling price for a single family detached house in Greenfield is now sitting at $427,409.  In 2013, Greenfield had an average sale price that was $411,970, so there has been a 3.7% increase in pricee.   The average sold price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price statistics.  In the high end / luxury price segment of the Greenfield Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $614,000.  That home sale was for an almost 2000 square foot bungalow with a front attached garage.   At the opposite end of the market, in the entry level price segment of Greenfield,  the lowest sale price for a house in the neighbourhood this year has been $315,000.  That home was a side to side entry bungalow that backed on to 111 street.   On average it takes only 27 days to sell a home in Greenfield in 2014.  That is much quicker than the Edmonton average days on market of 40 days this year.    Looking back to 2005, the real estate property values in the Greenfield neighbourhood have increased by 81%. 

In the duplex / rowhouse market in Greenfield, the average sale price for a duplex has reached $306,416 in 2014.  The highest selling price for a duplex in Greenfield this year has been $347,500 and the lowest sale price for a duplex has been $263,000.  On average, it takes 69 days to sell a duplex this year in the neighbourhood.


Callaghan Homes for Sale

Callaghan Homes for Sale

Click Callaghan homes for sale for active listings of houses, duplexes and condominiums for sale in this newer south Edmonton neighbourhood. Year to date, the average selling price for a single family detached house in Callaghan has reached $629,762.  Comparing selling prices to last year, the Callaghan average sale price has been flat, in 2013 the average sold price for the neighbourhood was $629,463.   The average sold price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price statistics.  In the upper end / luxury price segment of the Callaghan Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $1,079,000.  That home was over 3500 square feet, it was a two story and had a fully developed walkout basement.  The home was located in the Estates of Callaghan.  Moving to the opposite end of the market, in the entry level price segment of Callaghan,  the lowest sale price for a house in the neighbourhood this year has been $401,900.  That home sale was in the Allard area of Callaghan, and it was a 1350 square foot two story home with a fully finished basement and a double detached heated garage.   On average it takes 76 days to sell a home in Callaghan in 2014.  That is much slower than the Edmonton average days on market of 40 days this year.    Going back to 2009, the real estate property values in the Callaghan neighbourhood have increased by 16%. 

In the duplex / rowhouse market in Callaghan, the average sale price for a duplex has reached $370,209 in 2014.  The highest selling price for a duplex in Callaghan this year has been $393,855 and the lowest sale price for a duplex has been $355,000.  On average, it takes only 27 days to sell a duplex this year in the neighbourhood.

Moving over to the condo market in Callaghan, condominiums are selling on average for $383,744 and on average it is taking 62 days to sell a condo unit in Callaghan in 2014. At the upper end of the market, the highest price that a condo has sold for in the neighbourhood this year has been $699,000, and the most affordable condo in Callaghan sold for $200,000. The Callaghan condominium complexes that have had units sell in them this year include: Callaghan Landing and Callaghan Ravines

Wednesday, 19 November 2014

Pollard Meadows Mill Woods Homes for Sale

Pollard Meadows Mill Woods Homes for Sale

Visit Pollard Meadows Mill Woods Homes for sale for the current listings of houses, duplexes and condos for sale in this southeast Edmonton neighbourhood in Millwoods. So far this year, the average sale price for a single family detached home in Pollard Meadows has reached $346,859.  Back in 2007, the average selling price in Pollard Meadows was a little higher and it peaked at $355,435 during that boom year.  Comparing selling prices to last year, the Pollard Meadows average sale price has risen by 2.5%, in 2013 the average sold price for the neighbourhood was $338,831.   These average sale price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price statistics.  In the upper end / luxury price segment of the Pollard Meadows Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $412,000.  That home sale was a 1200 square foot bungalow with renovations and a double detached garage.   And, in the entry level price segment of Pollard Meadows,  the lowest sale price for a home in 2014 was $290,000.  That was one of only three homes that sold under $300,000 in the neighbourhood this year.  The home that sold for $290,000 was a 950 square foot bilevel style home without a garage.   On average it takes 33 days to sell a home in Pollard Meadows in 2014.  That is a week faster than the Edmonton average days on market of 40 days this year.   In the entire Mill Woods area, the average time to sell in 2014 has been 32 days.  The average selling price for a single family detached house in Mill Woods this year has been $356,505.  Going back to 2005, the real estate property values in the Pollard Meadows neighbourhood have increased by 96%. 

Moving over to the condo market in Pollard Meadows, condominiums are selling on average for $216,927 and on average it is taking 38 days to sell a condominium in Pollard Meadows this year. At the high end of the market, the highest price that a condo has sold for in the neighbourhood this year has been $325,000, and the most affordable condo in Pollard Meadows sold for $125,000. The Pollard Meadows condo complexes that have had units sell in them this year include: Carrington Spa, Chateau Estates, The Gables, Geo Village, Laguna Beach, Millwoods Terrace, Newport Beach, Radcliffe Place, Silver Ridge, Sunrise Village, Sunset Bay, and Victoria Village. 

Jamieson Place Homes for Sale

Jamieson Place Homes for Sale

Click Jamieson Place homes for sale for the active listings of houses, duplexes and condos for sale in this west Edmonton neighbourhood also known as Bridlewood and Hawkstone. So far this year, the average sale price for a single family detached home in Jamieson Place is sitting at $405,050.  Jamieson Place has had a higher annual average sale price, and that was back in 2007 during the boom.  Prices are up in Jamieson Place over last year, in 2013 the neighbourhood was selling for $391,452.   These average sale price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price statistics.  In the upper end / luxury price segment of the Jamieson Place Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $534,000.  That sale was a 2500 square foot home with a triple garage.  It was located in the Bridlewood area of Jamieson, and it also backed onto a green space.  In the entry level price segment of Jamieson,  the lowest sale price for a home in 2014 sold for $275,000. That home was a 2 story style home without a garage.   On average it takes 39 days to sell a home in Jamieson Place in 2014.  That is basically the same time as the Edmonton average days on market of 40 days this year.    Looking back to 2005, the real estate property values in the Jamieson Place neighbourhood have increased by 79%. 

Looking at the condo market in Jamieson Place, condominiums are selling on average for $285,600 and on average it is taking 65 days to sell a condominium in Jamieson this year. At the high end of the market, the highest price that a condo has sold for in the neighbourhood this year has been $305,000, and the most affordable condo in Jamieson Place sold for $265,000. The Jamieson condo complexes that have had units sell in them this year include Amberwood Village, a condo complex that has bungalow style units with double or single front attached garages. 

Allendale U of A Area Homes for Sale

Allendale U of A Area Homes for Sale

Visit Allendale U of A area homes for sale for the active listings of houses, duplexes and condos for sale in this Edmonton neighbourhood in the University of Alberta area. So far this year, the average sale price for a single family detached home in Allendale has reached $402,633.  This year is the first time that Allendale has managed to have an annual average selling price that is higher than $400,000.   That average sale price is roughly 5% higher than the 2013 average sold price in Allendale of $386,440.   These average sale price stats above are calculated on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price statistics.  In the upper end / luxury price segment of the Allendale Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $730,000.  That sale was of a 2300 square foot home that was an infill property.  It also had a double detached garage.  At the entry level end of the price range in Allendale, the lowest sale price for a home in 2014 in the neighbourhood sold for $273,750. That home was a smaller 730 square foot property on a 35 foot frontage lot.     On average it takes 35 days to sell a home in Allendale in 2014.  That is a little bit faster than the Edmonton average days on market of 40 days this year.    Looking back to 2005, the real estate property values in the Allendale neighbourhood have increased by 83%.

In the duplex / townhouse real estate market in Allendale, the average sold price for a duplex this year has been $519,636.  On average it is taking 63 days to sell a duplex in Allendale.  75% of the duplexes sold this year in Allendale were built in the last 3 years.  Infill duplexes continue to make a larger share of the market in Allendale. 

Now, looking at the condo market in Allendale, condominiums are selling on average for $459,716 and on average it takes 69 days to sell a condominium in Allendale this year. At the high end of the market, the highest price that a condo has sold for in the neighbourhood this year has been $494,000, and the most affordable condo in Allendale sold for $420,150. The Allendale condo complexes that have had units sell in them this year include: Ginger and another new townhouse complex that has yet to be named.