Edmonton Real Estate - Edmonton Homes for Sale - Norm Cholak RE/MAX River City
Edmonton real estate listings and Edmonton homes for sale brought to you by Norm Cholak of RE/MAX River City
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of October 15, 2013.
Average Residential Sale Price: $325,961
Average Single Family Sale Price: $375,418
Average Condo Sale Price: $238,587
Average Duplex/Rowhouse Sale Price: $301,688
Total Sold Month to Date: 543
Average Days on Market: 47
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of October 7, 2013.
Average Residential Sale Price: $322,859
Average Single Family Sale Price: $368,540
Average Condo Sale Price: $229,790
Average Duplex/Rowhouse Sale Price: $265,108
Total Sold Month to Date: 163
Average Days on Market: 44
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of September 30, 2013.
Average Residential Sale Price: $347,681
Average Single Family Sale Price: $398,247
Average Condo Sale Price: $250,228
Average Duplex/Rowhouse Sale Price: $332,748
Total Sold Month to Date: 1,467
Average Days on Market: 51
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of September 23, 2013.
Average Residential Sale Price: $346,484
Average Single Family Sale Price: $398,283
Average Condo Sale Price: $249,431
Average Duplex/Rowhouse Sale Price: $330,512
Total Sold Month to Date: 1,031
Average Days on Market: 51
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of September 16, 2013.
Average Residential Sale Price: $341,199
Average Single Family Sale Price: $402,993
Average Condo Sale Price: $242,313
Average Duplex/Rowhouse Sale Price: $325,602
Total Sold Month to Date: 622
Average Days on Market: 49
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of September 10, 2013.
Average Residential Sale Price: $335,133
Average Single Family Sale Price: $407,806
Average Condo Sale Price: $236,453
Average Duplex/Rowhouse Sale Price: $325,779
Total Sold Month to Date: 159
Average Days on Market: 49
For more information on how much your home is worth, call Norm at 780-991-1313.
EDMONTON – Edmonton-region home prices showed a moderate upswing in August compared to a year ago, according to statistics released Wednesday by the Realtors Association of Edmonton.
“Our market continues to exhibit strong fundamentals,” said association president Darrell Cook. “Rental vacancy rates are low at about 1.2 per cent, new home starts are up and weekly take-home pay rates are the highest in Canada.”
The average single-family dwelling sold for $416,494 in August, up 1.5 per cent from July and up 5.4 per cent from August 2012. The median selling price for a single-family dwelling was $380,100, down 1.3 per cent from July but up 2.7 per cent year-over-year.
The condominium average selling price was $244,675, down 0.9 per cent from July and up 3.8 per cent from August 2012. The August median condo selling price was $230,000, up 2.2 per cent from July and up 3.8 per cent from a year earlier.
Residential sales dropped 14.2 per cent from July to 1,490, but compared to August 2012, sales were up 9.9 per cent.
Recent mortgage rate increases would not have a major impact on the market, Cook said.
“Buyers applying for a mortgage now may have to buy a slightly less expensive property than before because their qualification amount may be lower. In the short term, any reduction in the number of buyers will be made up by the potential buyers becoming more motivated to buy before their pre-approval period ends.”
Cook said price escalation also wasn’t a concern for him.
“The upward pressure on housing prices will be moderated by the seasonal decreases as we approach winter,” he said.
The inventory of homes fell to 5,557 in August from 5,834 in July. It took an average of 53 days to sell a home.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of August 31, 2013.
Average Residential Sale Price: $346,185
Average Single Family Sale Price: $400,813
Average Condo Sale Price: $246,946
Average Duplex/Rowhouse Sale Price: $333,099
Total Sold Month to Date: 1735
Average Days on Market: 49
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of August 26, 2013.
Average Residential Sale Price: $349,734
Average Single Family Sale Price: $404,977
Average Condo Sale Price: $247,484
Average Duplex/Rowhouse Sale Price: $331,064
Total Sold Month to Date: 1304
Average Days on Market: 47
For more information on how much your home is worth, call Norm at 780-991-1313.
Here are the latest month-to-date Edmonton Real Estate Market Statistics as of August 21, 2013.
Average Residential Sale Price: $352,626
Average Single Family Sale Price: $393,525
Average Condo Sale Price: $249,359
Average Duplex/Rowhouse Sale Price: $336,135
Total Sold Month to Date: 1061
Average Days on Market: 48
For more information on how much your home is worth, call Norm at 780-991-1313.
