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 […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Bidding wars have become really common in the Greater Edmonton Area. In some segments of the market, as many as 50% of homes sell for list price or more, which is a likely indication that there was a bidding war. Learn how to avoid buyer’s remorse by following […]
“Walker, named after George Walker—a key figure in Edmonton’s housing and urban development—is a vibrant neighbourhood in the city’s southeast corner. Conveniently placed within major roadways such as Ellerslie Road, 50th Street, and 66th Street. Walker is adjacent to the well-known community of Summerside. However, make no mistake—Walker stands strong on its own. With homes […]
By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. STRATEGY #1: Have a strategy! Starting the house hunting process without a strategy is a surefire route to buyer burnout and disappointment. It often leads to “next year syndrome” where buyers decide to step out of the market, hoping it will be better next year. It might be… […]
“Keswick is a lovely neighbourhood located in the southwest area of Edmonton and is considered part of the greater Windermere area. Established in 2010, this community is bordered by the North Saskatchewan River on the west, Ellerslie Road on the north and 184 Street on the east. This community features beautiful parks, a playground, constructed […]
“Edmonton is still the hottest real estate market in Canada right now” That is a quote from Robert Hogue, assistant chief economist at RBC. He also says“Inventory is getting tighter, and prices are rising in the 10 to 12 per cent range year-over-year”… Download this month’s Schmidt Report for an in-depth look at what’s happening […]