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Derek Hulewicz & Associates
RE/MAX REAL ESTATE
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 1-888-857-4160
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Edmonton Real Estate News  edmonton real estate news

All the MLS® data in this blog has been provided by REALTORS® Association of Edmonton

Current Edmonton Real Estate Market Update <<<  click here

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Monday, August 31, 2009 - Inventory Versus Sales

We are half way through 2009, with the summer almost behind us and the kids and their parents are getting ready for another school year. It was a great last couple months for Edmonton and area real estate. Prices have stabilized , the inventory has decreased to the levels close to December and January numbers ( historically slow months ) and we are all eager to see how the market will proceed in the few next months. >> read more

posted in General at Mon, 31 Aug 2009 16:23:12 -0600



Saturday, August 29, 2009 - MLS® home sales forecast revised

OTTAWA ? August 27, 2009 ? MLS® home sales were much stronger than expected in the second quarter of 2009, with activity having climbed throughout the quarter and into July. The remarkable recovery of resale housing has prompted a change to the MLS® home sales forecast issued by The Canadian Real Estate Association for 2009 and 2010.The speed and magnitude of the rebound in sales activity to date has lifted CREA?s national forecast for the number of transactions to 432,600 units. This ...

posted in General at Sat, 29 Aug 2009 10:18:20 -0600



Wednesday, August 26, 2009 - Selling MY Downtown Edmonton Condo

There are so many things that come to a person?s mind when it comes to selling their downtown condo. Where do you start? Who do you talk to? What is your condominium worth? How much would it cost to sell? So here are some free pointers that you may useful.? Finding a REALTOR® - talk to at least 3 agents from different companies. Ask them about the cost involved and most importantly, how their services differ from others. Because so many people use the net to find information, ask the agents how ... Full Article...

posted in General at Wed, 26 Aug 2009 16:12:36 -0600



Friday, August 21, 2009 - Edmonton Foreclosures

In the last 90 days, 57 single detached homes in foreclosure and Bank/Financial Institution Owned were sold in Edmonton through MLS® System. The average list price was 314,751 / 243 per sq.foot and sold price 304,446 / 235 per sq.foot. The average days-on-market was 41 and sold-to-list price ratio 96%.Compared to all Edmonton SD homes sold in the last 30 days: 676 sold for the average price of 280,042 / 268 per sq.foot and list price of 391,450 / 276 per sq.foot. 97% was the sold-to-list price ... Full Article...

posted in General at Fri, 21 Aug 2009 16:11:11 -0600



Friday, August 21, 2009 - Downtown Edmonton Real Estate

The prices and inventory remain stable .There are currently 296 condos for sale up by a notch from 293 from July, 248 under 500K and 48 above that range. The average list price of the units is 285,407 / 309 per sq.foot.In the first two weeks of August, 32 condos have sold under 500K and none above that price with an average list price of 286,809 / 288 per sq.foot. The average sold price was 277,750 / 279 per sq.foot just slightly lower from 281 per sq.foot in July. The average sold-to-list ...

posted in General at Fri, 21 Aug 2009 16:08:15 -0600



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