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This is the place where I rant about whatever I like, though I try to keep it mostly Real Estate related. Whether you are looking to by a home in the Edmonton area or anywhere else, I am sure you can find some helpful advice here. Use the sidebar to navigate through my blog to access either my Real Estate section, Market Updates, Home Buying/Selling Tips, Recent Sales, or my Random section where I talk about anything and everything. Feel free to leave comments, I'd love to hear from you!
Ryan Broos, Remax Real Estate.
Posted in: Zone 27, Edmonton Real Estate
I have listed a new property at 404 13908 136 ST in EDMONTON.
This top-floor, two bedroom unit is located in the highly desired Hudson Village complex in Northwest Edmonton. You will love the open concept in the spacious main living area. The good sized kitchen comes with plenty of cupboards, counter space, and dinning area. A large master bedroom offers his and hers closets as well as an en-suite bathroom. Second bedroom and bathroom are prefect for guests or roommates. Enjoy your time outdoors on the large balcony with a top-floor view. Unit comes with an underground heated parking stall, perfect for Edmonton winters. Condo fees include heat, water and electricity. On top of all that, the great is close to schools, shopping, public transportation, and is only a 15 min drive to downtown!
May was another strong month for the Edmonton area. Judging by the MLS stats, the Edmonton market is in great shape and fairly balanced between buyers and sellers. Inventory levels are starting to rise however they still have a ways to go before we will run into it having any major effect on prices. As you can see on the graph below, our average selling prices for single family homes has been up every month this year compared to last.
Here is a look at the numbers:
April 2014 (Edmonton Area) Monthly/Yearly Change
Single Family Average Selling Price $438,279 +2.2%/+5.1%
Condominium Average Selling Price $251,688 -0.1%/+6.7%
Duplex/Rowhouse Average Selling Price $351322
Average Days on Market 41
Residential Inventory at Month End 5634 +14.7%/-6.5%
Total MLS Reported Residential Sales 2137
Stats obtained from www.ereb.com
Note: Numbers likely to change slightly as sales stats for homes sold in the last few days of the month are not all yet recorded.