By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Is it possible to overprice in a seller’s market? It sure is! Even when there’s low inventory and a lot of buyers in the market, buyers are still sensitive to price. I’ve seen listings that sat on the market for weeks, then the price was adjusted and it […]
“Secord, a vibrant and growing west Edmonton community, is located in the Lewis Farms area and is home to more than 3500 (2016) people. The demographics in Secord tend to be younger; the majority of working adults are between 25-54 years of age with a great number of them having children under 14 years old. […]
Is it still a seller’s market? You may be noticing more FOR SALE signs in Edmonton, and that’s not surprising! There was a 20% increase in the number of new listings in July/25 vs July/24. Sales remained very stable with just a 2.5% increase . This has lead to a much-needed increase in the inventory […]
“Jamieson Place is a fantastic place to raise or start a family! This quiet community offers some wonderful schools, parks and trails. With close proximity to the Anthony Henday and the Whitemud Freeways getting out of, through or around the city is convenient and simple. Just a short drive to West Edmonton Mall and all the services and experiences […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. 5 Questions for parents to ask before moving house If you’re planning a move this summer, you’re not alone. On any given month, thousands of people are moving to new homes, and this time of year is especially busy! Many families like to move in July and August […]
High demand is putting pressure on single family prices We’re halfway through 2025 and the Edmonton real estate market isn’t showing any signs of a summer lull. 2024 was a very strong year in Edmonton real estate and year-to-date residential sales in the Greater Edmonton Area (GEA) are just 4.1% less than they were at […]
“The Griesbach neighborhood in the northwest is a wonderful place to call home. Steeped in rich military history, Griesbach is a unique redeveloped neighborhood allowing you to have a newer home compared to surrounding neighborhoods. Whether you want to take a stroll around Patricia Lake, enjoy the community garden at Central Park, or participate in […]
Edmonton vs. Calgary…how do our markets compare? As Edmonton area specialists, we keep a close eye on the Calgary market as well. Not only do we have clients moving to and from Calgary, but the Calgary market often gives us a hint of where the Edmonton real estate market might be going… Download this month’s […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Which one of these do you think is a condo? I suspect you answered the first one. And you’re probably right. However, it could also be a co-op or a rental building. What about the second one? That could be a condo as […]
It’s time for a market price check-up! Selling prices are up significantly in every category, with the average price of a single family home approaching $600,000.If prices go up by half as much in the next 12 months as they did in the past 12 months, we’ll be looking at an average single family home […]