You might think that “waiting for spring” is always the smart thing to do. Sure, there are more buyers out at that time, but there are also more homes for sale! And the buyers who are looking in December are pretty darn serious! Otherwise they’d be out Christmas shopping or sipping eggnog at home! Here […]
A tale of two regions … Real estate activity is tracked separately for Edmonton in two ways, as a combined Census Metropolitan Region (CMA) and for the city of Edmonton only (YEG). While Average Days On Market were very similar for CMA and YEG results, there were some interesting differences when it comes to the […]
What would you think is Alberta’s most abundant energy resource? Oil? Gas? Think again! It’s SUNSHINE! Did you know that Lethbridge, Alberta and Estevan, Saskatchewan have the highest solar resources in Canada? And Edmonton isn’t far behind! Pretty cool! And because we’re in such a sunny spot it makes lots of sense to considering harnessing […]
Beverly became the Town of Beverly on July 13,1914 and later amalgamated with the City of Edmonton on December 30th, 1961. During that time the Town constructed a Railway bridge that became the biggest shipper of coal in Alberta. But later The Beverly Coal Mine stopped production and where that old Coal Mine site was […]
Edmonton has so many markets. You can divide it by neighbourhood, property type (single family, condo etc) or price range. The results below show the number of single family homes sold by price range in the past 3 years from January to October. There were just 127 fewer homes sold in the $500,000 to $749,999 […]
You might be surprised … Average sold prices are surprisingly similar this year compared to September 2017 and 2016! The graph below shows what people are average prices for the month of September for single family, condo and duplex/rowhouse properties. It tells us what people are spending for these homes. It doesn’t show what they’re getting […]
Mill Woods is a large residential area in southeast Edmonton, Alberta, Canada, bounded by Whitemud Drive(Highway 14) to the north, 91 Street to the west, 34 Street to the east, and Anthony Henday Drive (Highway 216) to the south. Mill Woods is adjacent to three other residential areas including The Meadows to the east across 34 Street, and Southeast Edmonton and Ellerslie to the south and southwest respectively across Anthony […]
With high inventory there’s no point in sugar-coating it…your home simply has to look its absolute best to bring buyers in the door. I’m just going to say it…the market is challenging for sellers right now. With high inventory there’s no point in sugar-coating it…your home simply has to look its absolute best to bring buyers in […]
You may have heard that the Edmonton real estate market is moving more slowly than usual this year… Let’s be honest, the Edmonton area real estate market has been a bit tough on sellers this year. But don’t despair, there are still buyers out there! In fact, there were only 3.8% fewer single family homes […]
There are many markets in the Edmonton area… The latest statistics released by the Realtor Association of Edmonton reports that the number of residential properties sold is up 1.89% this August compared to August of last year. But when you look closer, that average is made up of a 6.15% increase in single family sales, […]