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Westridge Housing Sales Report - Westridge Homes For Sale - Edmonton

Posted on March 7, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Westridge:

Total number of single family homes sold: 6
Average home selling price: $637,371
Average selling price per square foot: $289,08
Average days on the market: 57 days

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Thorncliffe Housing Sales Report - Thorncliffe Homes For Sale - Edmonton

Posted on March 7, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Thorncliffe:

Total number of single family homes sold: 9
Average home selling price: $314,265
Average selling price per square foot: $238.55
Average days on the market: 71 days

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Summerlea Housing Sales Report - Summerlea Homes For Sale - Edmonton

Posted on March 6, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Summerlea:

Total number of single family homes sold: 11
Average home selling price: $342,136
Average selling price per square foot: $222.33
Average days on the market: 40 days

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Sherwood Housing Sales Report - Sherwood Homes For Sale - Edmonton

Posted on March 6, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Sherwood:

Total number of single family homes sold: 15
Average home selling price: $294,260
Average selling price per square foot: $339.24
Average days on the market: 44 days

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Ormsby Place Housing Sales Report - Ormsby Place Homes For Sale - Edmonton

Posted on March 5, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Ormsby Place:

Total number of single family homes sold: 42
Average home selling price: $403,722
Average selling price per square foot: $234.16
Average days on the market: 47 days

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February Housing Prices Rise with Sales - REALTORS®

Posted on March 4, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Edmonton, March 2, 2012: The REALTORS® Association of Edmonton reports that housing prices were up in all housing categories in February in the Edmonton area. The all-residential average1 price, at $329,911, was up 3.7% from January and up 5.7% when compared to the same month last year.

“Average prices in February were higher than the year-long average price for last year,” said REALTORS® Association of Edmonton President Doug Singleton. “Buyers seem to have confidence and REALTOR® offices are reporting solid traffic. This is lifting prices up and they are already higher than at the same time in the past two years.”

In February, the average price of a single family detached (SFD) home was $375,268, up 3.1% from the previous month. The average price of a condominium in February was $234,973, up 8.5% from the January price. This is higher than all months except May of last year. Duplex and rowhouse properties sold on average for $306,491; a 1.4% improvement from the previous month.

Year-over-year prices were also up in all categories. Single family properties were up 4.8%; condos were up 1.7% and duplex/rowhouses were up 0.2% from the same month last year.

Sales and listings by REALTORS® on the Multiple Listing Service® System in February were both up from January and the sales-to-listing ratio recovered from 36% in January to 46% in February. This indicates that less than half of the residential properties listed were sold and provides fresh property options for buyers who may have been looking for several months. Sellers should be pleased to see that the average days-on-market in February was 54; down from 65 in January.

There were 5,976 residential properties in the local MLS® System at the end of January. Although the inventory was up from last month, it is lower than a year ago when there were 6,389 properties available for sale on the MLS® System.

“Nationally the housing still appears to be soft,” said Singleton. “But the local market is much more robust. Consult your local REALTOR® for the most comprehensive local market information. REALTORS® are here when life happens.”

1 Residential includes SFD, condos and duplex/row houses.
2 Single Family Dwelling
3 The middle figure in a list of all sales prices
4 Includes residential, rural and commercial sales

* Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end.

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Lymburn Housing Sales Report - Lymburn Homes For Sale - Edmonton

Posted on March 4, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Lymburn:

Total number of single family homes sold: 49
Average home selling price: $321,262
Average selling price per square foot: $285.94
Average days on the market: 45 days

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La Perle Housing Sales Report - La Perle Homes For Sale - Edmonton

Posted on March 3, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of La Perle:

Total number of single family homes sold: 28
Average home selling price: $353,607
Average selling price per square foot: $245.08
Average days on the market: 38 days

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Edmonton housing prices up in February

Posted on March 2, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

EDMONTON - Housing prices rose in all categories in February, according to MLS data released Friday by the Realtors Association of Edmonton.

Residential sales are also up.

“Interest rates continue to be wonderful and that’s certainly spurring a lot of first-time buyers,” said association president Doug Singleton.

“I also think there’s lots of good things people keep hearing about the economy in general in Edmonton and I think that’s got people a little bit more optimistic.”

The average price of a single-family home in Edmonton for February was $375,268, up 3.1 per cent from the previous month and 4.6 per cent from a year ago.

In the condominium market, the average price in February was $234,973, up 8.5 per cent from January, and 1.7 per cent year over year.

The average duplex and row house property sold for $306,491, up 1.4 per cent monthly and up 0.2 per cent from the same month last year.

Residential sales activity also improved to 1,231 transactions, up 39.7 per cent monthly and 6.6 per cent yearly.

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Jamieson Place Housing Sales Report - Jamieson Place Homes For Sale - Edmonton

Posted on March 2, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Jamieson Place:

Total number of single family homes sold: 51
Average home selling price: $365,228
Average selling price per square foot: $267.06
Average days on the market: 50 days

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Gariepy Housing Sales Report - Gariepy Homes For Sale - Edmonton

Posted on March 1, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Gariepy:

Total number of single family homes sold: 17
Average home selling price: $473,500
Average selling price per square foot: $221.07
Average days on the market: 54 days

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New property listed in Zone 14, Edmonton

Posted on February 28, 2012 by Bill Bhamra

Posted in Zone 14, Edmonton Real Estate

Property Photo: 9456 STEIN WAY in EDMONTON

I have listed a new property at 9456 STEIN WAY in EDMONTON.

See details here

NO CONDO FEES! Spectacular 1455 sq ft of living space with a double attached garage in South Terwillegar, features an outstanding layout with 3 bedrooms, and 2.5 bathrooms. Perfect for a growing family or working professionals. Main floor has a fantastic open plan with great room with a corner gas fireplace, a large dining room with patio sliding doors which lead to a large deck overlooking a fully landscaped lot. Bright kitchen with maple cabinets, 6 upgraded appliances, corner pantry, tile back splash, track lighting and an island with raised breakfast bar. Upstairs you will find a loft/flex area perfect for an office, and 3 bedrooms including a large master bedroom with full ensuite and very unique and functional closet. Full unspoiled basement offers high efficiency furnace and water tank, ready for your personal touch. Easy access to the Anthony Henday, Terwillegar Drive and the Whitemud. A MUST SEE!

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