Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 444 (405, 432, 506)# Sales: 202 (188, 197, 185)Ratio: 45% (46%, 46%, 37%)# Price changes: 275 (224, 216, 252)# Expired Listings: 102 (131, 91, 388)# Canceled/withdrawn/terminated listings: 31 (26, 30, 29)Net loss/gain in listings this week: 109 [...]
Archive | February, 2009
How Low Can You Go?
Now broadcasting in widescreen…Sheldon Johnston discusses the myth that homes are selling way under list price in Edmonton: Update - one of our readers has suggested we present the same data in a list to sale ratio format so here it is: They also wanted to know how the ratio had changed over time, so here you go: [...]
Titans of Edmonton Real Estate
On Friday night my dad received recognition for 45 years of service from the Realtors association of Edmonton. When he started the real estate industry was very different in Edmonton, for one thing there was no Royal Lepage, Remax or Coldwell Banker. When he started there were companies like H R Kellough and Buxton real estate among others. The Brokers at the time [...]
Edmonton Foreclosures 101: Court Ordered Sale
This is the third in our seris on foreclosures written by Stan Galbraith of Galbraith Law. The previous parts in the series were Foreclosures Part 1 and The Redemption Period.Court Ordered SaleOnce the redemption period expires the court will issue an order directing the sale or other disposition of the property. This is the point at which the owner has [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 405 (432, 506, 382)# Sales: 188 (197, 185, 167)Ratio: 46% (46%, 37%, 44%)# Price changes: 224 (216, 252, 233)# Expired Listings: 131 (91, 388, 106)# Canceled/withdrawn/terminated listings: 26 (30, 29, 19)Net loss/gain in listings this week: 60 [...]
Is it time to renegotiate your mortgage?
Gord McCallum of First Foundation Mortgages forwarded me an article from the Globe and Mail last week that talked about the pro's and con's of renegotiating your mortgage. Why would you consider renogiating? Well, mortgage rates have come down significantly, and if your current rate is over 5% there is the potential to save a fair bit of money. [...]
Edmonton Neighbourhood: Strathearn
Strathearn is east of downtown Edmonton and south of the North Saskatchewan River. The neighbourhoods closest to Strathearn are Cloverdale, Forest Heights, Holyrood, and Bonnie Doon. Two of the original landholders in Strathearn were J. McKernan, Edmonton's first telegraph operator, and W. Bird who built one of Edmonton's first water driven grain mills in Mill Creek. Donnell Road in Strathearn was [...]
Edmonton Real Estate Market Weekly Update
Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days: New listings: 432 (506, 382, 446)# Sales: 197 (185, 167, 145)Ratio: 46% (37%, 44%, 33%)# Price changes: 216 (252, 233, 274)# Expired Listings: 216 (388, 106, 197)# Canceled/withdrawn/terminated listings: 30 (29, 19, 23)Net loss/gain in listings this week: 114 [...]
Home Owner Tip to Save Time and Money
Everyone wants trade secrets that will help them save time or make money. As a professional on the go from morning till most often very late at night, I appreciate anything that will save me time. My day often starts fully booked and requires changes throughout the day to adapt to my clients' schedules. Other times my day starts out pretty calm, [...]
Consumer Confidence in Edmonton – Evidence we’re confident
This was the scene at the West Edmonton Mall this past weekend when we mistakenly thought we could take in dinner and a movie: (I know the pic sucks I… took it with my cell phone).Anyway, what we found was a waiting list at every restaurant of at least an hour, so it was off to the food court where we could hardly find a [...]
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Edmonton Real Estate Market Weekly Update – Jan. 6/12
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Edmonton Real Estate Market Weekly Update – Jan. 20/11
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Edmonton Real Estate Market Weekly Update – Jan. 13/12
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What’s going on with Condo Prices in Edmonton?
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About Us
The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
For more information about us visit our website.
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