Sales of single family homes were strong in Edmonton in March – 750 homes sold through the MLS® system (down slightly from 766 last year). If there were more homes on the market, that showed well, I am certain this number would be higher. My stats show the inventory of single family homes on the market are the lowest we’ve [...]
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Edmonton Real Estate Market Weekly Update, March 29/13
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 423 (390, 455, 521)
# Sales: 277 (296, 243, 241)
Ratio: 65% (76%, 53%, 46%)
# Price Changes: 150 (158, 160, 140)
# Expired/Off Market Listings: 56 (85, 59, 188)
Net loss/gain in listings this week: 90 (85, 153, 92)
Active single family home [...]
Edmonton Real Estate Market Weekly Update, March 22/13
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 390 (455, 521, 373)
# Sales: 296 (243, 241, 228)
Ratio: 76% (53%, 46%, 61%)
# Price Changes: 158 (160, 140, 146)
# Expired/Off Market Listings: 85 (59, 188, 191)
Net loss/gain in listings this week: 85 (153, 92, -46)
Active single family home [...]
Edmonton Real Estate Market Weekly Update, March 15/13
Here is our update on the Edmonton real estate market. (Previous week’s number are in brackets). For the past 7 days:
New Listings: 455 (521, 373, 394)
# Sales: 243 (241, 228, 205)
Ratio: 53% (46%, 61%, 52%)
# Price Changes: 160 (140, 146, 137)
# Expired/Off Market Listings: 59 (188, 191, 109)
Net loss/gain in listings this week: 153 (92, -46, 80)
Active single family home [...]
A Sincere Blog Post
I have a well qualified buyer seriously interested in purchasing a home in your area. Ever gotten one of these letters? We get one every few months at our house, and we see them in our clients’ homes all the time:
They are distributed all over the city by a few repeat offenders, and many home owners believe them. The letter [...]
Edmonton Real Estate Market Weekly Update, March 8/13
Here is our update on the Edmonton real estate market. (Previous week’s number are in brackets). For the past 7 days:
New Listings: 521 (373, 394, 396)
# Sales: 241 (228, 205, 204)
Ratio: 46% (61%, 52%, 52%)
# Price Changes: 140 (146, 137, 123)
# Expired/Off Market Listings: 188 (191, 109, 87)
Net loss/gain in listings this week: 92 (-46, 80, 105)
Active single family home [...]
Low Inventory of Homes for Sale in Edmonton
According to a recent report by the REALTORS® Association of Edmonton, the local housing market remains active. There were 1,089 sales in the Greater Edmonton Area in February, compared to 1153 last year and 921 last month. As we know from our report on Friday, affordable single family homes make up the strongest segment of the market.
Our agents are finding it [...]
Affordable Single Family Homes are in High Demand in Edmonton
As our clients and subscribers already know, there are some interesting things happening in the Edmonton real estate market right now. We sent out a special report yesterday specifying the absorption rates for condos and single family homes, broken down by price range. I did this because I was looking for evidence to prove what we already knew: affordable (under [...]
Will Baby Boomers Downsize Soon or Not?
An interesting report came out this week from Royal Lepage about Baby Boomers. The headline reads “Most Baby Boomers have no intention of downsizing.
“The poll by Leger Marketing found that of the 40.6 per cent of Baby Boomers (born between 1947 and 1966), who do have plans to move to another primary residence, almost half (43.5 per cent) are looking [...]
Edmonton Real Estate Market Weekly Update, Feb. 22/13
Here is our update on the Edmonton real estate market. (Previous week’s number are in brackets). For the past 7 days:
New Listings: 394 (396, 404, 329)
# Sales: 205 (204, 179, 157)
Ratio: 52% (52%, 44%, 48%)
# Price Changes: 137 (123, 104, 110)
# Expired/Off Market Listings: 109 (87, 222, 228)
Net loss/gain in listings this week: 80 (105, 3, -56)
Active single family home [...]
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Edmonton Real Estate Market Weekly Update, April 19/13
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Edmonton Real Estate Market Weekly Update, May 3/13
- New Homes in Mature Neighbourhoods
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Record Single Family Home Sales in Edmonton in April
About Us
The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Liv Real Estate; Sheldon is the Broker for Liv Real Estate and Sara is an associate - both are licensed 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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