Archive for Market Report
MARKET UPDATE FEBRUARY 2010
It looks like 2010 is going to be a strong year in real estate in Edmonton. In January residential sales were up 21% compared to last January and the average selling price of a single family home sold for 4% more than January 2009. Get the details in our latest Market Report .
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Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
JANUARY 2010 REAL ESTATE MARKET REPORT
Looking back on 2009… “Strong year-end sales put a crown on a year that started slow but ended big,” Charlie Ponde, president of the REALTORS Association of Edmonton.
Looking ahead to 2010… “The truth is in the trends, and right now the trend is for the Edmonton area market to continue to strengthen,” Kathy Schmidt, Schmidt Realty Group
Learn more in this month’s Market Report. and read the Realtor Association of Edmonton News Release for December 2009 results.
Wondering what your home is worth! Click here to find out!
October 2009 Market Report
How does 2009 stack up so far???
The simple answer is “surprisingly well”! This month’s Market Report compares 2009 sales activity with recent years. Six of the last nine months were actually exceptionally strong compared to other years!
Wondering what your home is worth! Click here to find out…
Read our monthly Market Report.
Read the Realtor Association of Edmonton News Release for September 2009 results.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
September 2009 Market Report
Wondering what your home is worth?
Real estate varies dramatically by area of the city and by neighbourhood within each area. Buyers who are open to less “discovered” neighbourhoods might find themselves getting a lot more for their dollar. Similarly, paying a bit more for your home to be in the neighbourhood you love most might be worth it! It all comes down to making an informed choice. That’s where your friends at SCHMIDT REALTY GROUP come in. Call us to find out what your current home is worth and what to expect to pay in your new neighbourhood if you make a move! If you’re making a move up to your next home, now is a great time. Even though your current home may be worth a bit less than it was last year, the larger home you need will now be an even better value. You can actually get the home you want and save money!
Get FREE & EASY answers! Click here to find out how we can help…
Read our monthly Market Report.
Read the Realtor Association of Edmonton News Release for August 2009 results.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
Realtor Association of Edmonton Reports Best July on Record!
MARKET HIGHLIGHTS:
First-time buyers have are back in the market! The busiest price range is under $300,000.
Not only was it the best July on record, it was the strongest in recent years by a large margin!
July 2009 – 2,277 sales
July 2008 – 1,784 sales
July 2007 – 1,565 sales
July 2006 – 1,953 sales
July 2005 – 1,610 sales
Homes are selling faster with just 46 days on market as the average reported by the Realtor Association of Edmonton. SCHMIDT listings sold in half the time! Our average selling time was just Just 22 days from sign up to SOLD and for an average of 98% of list price!
Prices of single family homes are rising slowly… Each month since February 2009 has shown an increase in sales prices.
Jul 2009 – $372,741
Jun 2009 – $369,859
May 2009 – $367,672
Apr 2009 – $353,386
Mar 2009 – $349,716
Feb 2009 – $347,309
Read our monthly Market Report.
Read the Realtor Association of Edmonton NEWS RELEASE for July 2009 results.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
MARKET REPORT – MAY 2009
The sun is shining on the Edmonton housing market!
- Sales are the highest in two years with 2,161 sales in May!
- Time to sell is looking good at just 52 days (MLS average)
- SCHMIDT listings sold in less than half the time! Just 25 days from sign up to SOLD in May 2009!
- Inventory is holding steady at approximately 7,500 units.
- And in some sectors of the market, high demand is resulting in multiple offers!
Read our monthly Market Report .
Read the Realtor Association of Edmonton NEWS RELEASE for May 2009 results.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
MARKET REPORT – APRIL 2009
The Edmonton housing market is going stong!
- Sales are strong with 1,843 sales in April!
- Time to sell is down to 51 days (MLS average)
- SCHMIDT reports average sales time of just 24 days in April 2009!
Read this month’s full report at Edmonton Real Estate Market Report.
Read the Realtor Association of Edmonton News Release for April 2009 results.
Edmonton Real Estate Market Report – April 2009
Spring is finally here … and the market is hopping!
- Sales are up!
- Prices are holding.
- There are still lots of homes to choose from!
- First-time buyers are keeping market busy under $300,000!
Read our full report at Edmonton Real Estate Market Report for March 2009
Read the Realtor Association of Edmonton News Release for March 2009 results.
Edmonton Real Estate Market Report – February 2009
Find out what’s happening in your city and in your neighbourhood!
- What’s happening in YOUR neighbourhood? Find out average prices!
- Sales are up! There were 1,075 homes sold in February!
- The number of homes for sale is has risen to 7,097.
- Have prices hit bottom?
Read our full report at Edmonton real estate market report for February 2009
Real the Realtor Association of Edmonton News Release for February 2009 results.
Edmonton Real Estate Market Report – January 2009
Our monthly latest Market Report is full of information to help you make a smart decision in ANY market!
- Federal Budget helps first time buyers!
- Local market most active in “starter” price range $200,000 to $300,000.
- 730 residential sales in January 2009.
- Inventory of homes now at 6,573 in Edmonton.
- Average single family price for January $352,689. Median single family sales price for January $330,000. What does this mean???
Read our full report at Edmonton real estate market report for January 2009
Real the Realtor Association of Edmonton News Release for January 2009 results.
