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8 3311 58 Street : Edmonton : Sold
EDMONTON HOMES REAL ESTATE STATS FOR DECEMBER 2014
Edmonton Homes Real Estate Stats for December 2014 (Month to Date)
Average Residential Sale Price in December: $363,479
Average Single Family Sale Price: $425,308
Average Condo Sale Price: $264,316
Average Duplex/Rowhouse Sale Price: $344,667
Total Sold Month to Date: 376
Average Days on Market: 63
EDMONTON HOMES REAL ESTATE STATS FOR DECEMBER 2014
December 2014 has shown a steady increase in the average residential sale price. Month to date in December 2014 the average residential sale price is $363,479. When compared to the average residential sale price in December 2013 we see a 3.79% increase, and a 6.31% increase if compared to December 2012.
SINGLE FAMILY HOMES
The average single family home sale price month to date in December 2014 is $425,308. Again, we see an increase of 0.42% when compared to December 2013, and a larger increase of 4.94% if compared to December 2012.
CONDOMINIUMS
The average sale price for Condominium so far in December 2014 is $264,316. This also has also showed an increase when comparing it to last year’s average condominium sale price of $234,967. In December 2012 the average sale price was $227,268.
DAYS ON MARKET
The average for days on market for single family and condominium properties is currently at the lowest in three years for the month of December. Remaining fairly consistent at 63 days on market in December 2014, 67 days on market in December 2013 and 65 days on market in December 2012.
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THANK YOU TO ALL MY AMAZING CLIENTS!
Thank you to all my amazing clients for allowing me the opportunity to serve you in all your Real Estate needs in 2014. This opportunity has lead me to becoming a lifetime member of the 2014 National Chairman’s Club. It is a great achievement to be ranked among the top 1% of Royal Lepage professionals from coast to coast and I am extremely grateful to have received this wonderful honor. Thank you again for the confidence and unending support throughout my 26 years of Real Estate in Edmonton and I look forward to continuing my Real Estate service to you in 2015.
JUST SOLD BY EDMONTON REALTOR NORM CHOLAK
Edmonton Realtor Norm Cholak JUST SOLD 411, 530 Hooke Road in Edmonton for 99% of the LIST PRICE!
Make the right choice by putting Edmonton Realtor Norm Cholak to work for you, Norm has over 26 years in Real Estate experience in the Edmonton area and is ready to serve you in all your Edmonton Real Estate needs.
Call Norm Cholak at 780-991-1313 for exceptional service in Edmonton Real Estate or Visit Norm Cholak on his Facebook & Twitter
411 530 Hooke Road : Edmonton : Sold
1561 35B Avenue : Edmonton : Sold
Ready to join can i buy ativan in mexico Ajay & Purvi in putting Norm’s 26+ years of experience to work for you? Click on the appropriate Red Button below:
NEW LISTING IN TAWA COMING SOON!
New listing coming soon! Unit #8, 3311 – 58 Street NW, this 4 level split townhouse condominium in Tawa features three bedrooms and two bathrooms, with 1485 square feet of living space.
It will be uploaded to MLS later this afternoon, with more details to view! Call Norm at 780-991-1313 for more information on this exciting new listing in Mill Woods!
Edmonton’s Luxury Real Estate Trend
In the last couple of years, Edmonton’s population has continued to grow at a rapid pace and so have the Real Estate sale prices for luxury homes. From January to November 2014 there were a total of 125 properties in Edmonton that sold in the million dollar price range, whereas in 2012 there were 75 properties that sold for similar pricing. Alberta’s energy industry has provided a stronger economy and greater opportunities for employment to the ever growing population, which in turn allows more people to upgrade to higher priced luxury properties. Also the fact that we have half of Canada’s top 10% earners living in Alberta, becomes another reason we are seeing this rise in million dollar properties sales in 2014. The highest demand in Edmonton is for the condominiums and single family homes that are in the medium to high price range and continue to increase in market value from month to month, but with this new trend of million dollar sales prices it’s bound to impact the market value of the homes in their neighbourhood.
What do you think about the rise of the million dollar homes in Edmonton?
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