Edmonton Real Estate News

Derek Hulewicz & Associates
RE/MAX SELECT
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 780-457-2194
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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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Thursday, November 1, 2012 - In Your Face!!!

Edmonton is a great place to raise a family even though it gets cold in winter and maybe be boring for some. It's easy to take Canada for granted untill you look at trouble spots in the world. I am thankful to be here and looking forward to see Edmonton grow into a world class city. For those who think otherwise, in your face, just move! On another note, I had a great year. It?s been busy till now. As Christmas and New Year is slowly approaching, real estate business is slowing down. I ... Full Article...

posted in General at Thu, 01 Nov 2012 12:25:13 -0600

Friday, October 5, 2012 - North LRT Churchill to Nait

Take a look at this video which shows City of Edmonton vision for the north LRT to Nait. The original railroad system became first operational in 1978. The engineers included 2 knock out panels in the original design at the Churchill station for the future route to the north. As of 2010 , the city began construction of the extension of the railway to NAIT. The City plans to have the system operational at the end of April of 2014.

posted in General at Fri, 05 Oct 2012 09:30:28 -0600

Wednesday, September 23, 2009 - Westwood, Delton and Eastwood Real Estate update

Westwood, Delton and Eastwood ( Real Estate ) neighbourhoods are located in the North central part of Edmonton, between 118 avenue and Yellowhead Trail, and east of Edmonton municipal airport and west of 82 street.There are currently 26 single detached Westwood, Delton and Eastwood homes for sale through the MLS® SYSTEM, ranging in price from 209,900 and 544,500. The average size of the homes is 1049 sq.feet and price 289,782 / 278 per sq.foot. >> read more

posted in General at Wed, 23 Sep 2009 10:24:10 -0600

Wednesday, September 16, 2009 - Edmonton Single Detached Homes

Edmonton Single Detached Home Report By age, number of listings, average size, average current list price and per sq.foot price. The larger the houses, the cheaper per sq.foot price. You will notice that there is substantially more listings for newer homes, 2000 plus than older houses. Another interesting thing is the average size increases as the age decreases. >> read more

posted in General at Wed, 16 Sep 2009 16:45:03 -0600

Wednesday, September 2, 2009 - Edmonton Real Estate Maket Statistics

The average sold price for single detached homes is down by 1.6 percent in August to $366,788 compared to last month of 372,741. Condominium prices were also down by less than one percent to $242,035.There were a total of 1,673 sales last month as compared to 2,277 in July through the Edmonton and Area Multiple Listing Service®. The average days-on-market was 48 and at the end of August there were 6,445 residential properties active on the MLS® System. >>> read more.

posted in General at Wed, 02 Sep 2009 14:28:21 -0600

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 - MLSÂ® 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