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September 3, 2015 news release: A single family home in the Edmonton sold for an average of $439,829 in august 2015. The average for all residential properties sat at $372,256.
Sales of all residential properties reported last month are down 5.6% from those reported in August of 2014. Inventory remains strong at 7,227 for the Edmonton area at the end of August 2015, up 35% from last August.
Average days on market for all residential properties was up again this month at 54.
Single family average days on market was up to 52 from 48 in July. Condominiums were averaging 56 days compared to 54 in July, and duplex/rowhouses took an average of 52 days to sell in August 2015
если Вас интересует купля или продажа недвижимости в эдмонтоне – пожалуйста звоните Ирине Миерзевски – лицензированному риэлтору в эдмонтоне с многолетним опытом, она всегда рада помочь. телефон мобильный: 780-991-9764, офис:780-450-6300
Home staging plays a very important part in successfully selling your house. The impression that the buyer makes of your home is what will determine him to make you an offer for it or keep looking. Here is what a properly staged house should convey to the buyer:
Cleanliness
Your house needs to look spotless. Because we might at times miss something important, it’s recommended to hire a professional cleaning firm at least once before starting to show your house to prospective buyers. While you are at it, it’s a good idea to depersonalize the space – remove family photos and personal items off the shelves, to allow the buyers to feel more comfortable inside your house and not like they are intruding in someone else’s home.
The first thing you need to do in order to create space is to de-clutter. It’s a good idea to just take a look around and remove anything non-essential. Don’t forget kitchen appliances – it’s best to just remove or hide them, same with knives and anything else you might have lying around. Instead, add a vase of flowers or a bowl of fruits.
Your rooms need to look warm and inviting. Furniture can play a significant part here. It’s a good idea to arrange it in such a manner as to maximize the impression of space and at the same time group pieces together to maximize the potential for conversation.
Buyers love a house which has enough light. Make sure your windows let as much light through as possible, and change your lamps with stronger ones. You should aim for something in the range of 100w for 50-60 square feet.
It’s a good idea to use neutral colors for areas like the living room and kitchen, because beside being the safer option (different people have different tastes), it also makes a room look more spacious and brighter. For bedrooms however, don’t be afraid to use other colors. Avoid strong, vivid colors like pink – instead go for dark, relaxing colors, which will make the room look more intimate and cozier.
You can further add color to your house by using décor, such as flowers or artwork. Experiment with the way you arrange them, to obtain the best possible effect and draw attention to specific areas of the room.
Every buyer looks for the perfect house. And while it’s true that different people can have very different ideas of what the perfect house should look like, by applying the tips above you will greatly increase the chance that they visualize your house as their future home.
July 2015 stats from Edmonton real estate board:
AVERAGE-DAYS-ON-MARKET–50-Days
SALES-TO-LISTING-RATIO–53%
HOMES-LISTED-FOR SALE-OVER $1M–190 homes
HOMES-SOLD-YTD-OVER $1M-70 homes
PRICES DIP AS RESULT OF HIGHER INVENTORY
статистика за июль 2015
количество дней на маркете –50-Days
отношение продаж к листингам –53%
количество домов, дороже миллиона на рынке –190 homes
количество ПРОДАННЫХ домов, дороже миллиона с начала года -70 homes
цены понизились из-за большого количества домов на рынке
Edmonton, AUGUST 4, 2015: Prices for all residential properties in the Edmonton for July were down from the previous month
.
The average all residential price was $372,910 (down 1.4% from June) due mostly to the drop in price of single family homes to $436,948 (down 1.8%). The drop was not felt across all categories with condo prices up 0.4% at an average of $256,708 and duplex/rowhouse prices up 1.4% from June at an average of $356,237.
While all residential average prices were down month over month, they still remained 3.3% higher than July of last year.
With reported all residential sales in July down 9.8% from June and down 2.8% from last year, average days on market is up to 50.
This is up from 46 average days on market in July 2014.
Single family dwellings spent an average of 48 days on market in July of 2015, duplex/rowhouses were at 43 days, and condos at 54 days.
“We have seen the biggest drop in condominium sales year to date at 14%. That drop coupled with an increase of condo listings of 17% explains why condos are taking longer on average to sell.
Some of these buyers may be moving over to duplex/townhouse options which is the only residential category showing an increase of sales of 6% year to date.”
There were 73 properties over a million dollars sold by this time last year, the exact same number as this year.
Inventory is still strong at 7,226 for the Edmonton CMA at the end of July 2015, up slightly from 7,177 in June and much higher than the 5,609 available in July of 2014.
All residential listings were up year over year by 14.9% but down month over month from June by 2.2%.
The average days on market for single family last month was 43, condominiums were 49 days, and duplex/rowhouse took an average of 45 days to sell.
Residential sales in Edmonton’s Census Metropolitan Area are beginning to pick up with 1,784 reported sales in May 2015. That is up 12% from 1,597 reported in April but still down almost 10% from May 2014. Again this month, reported sales are down in all categories except duplex/rowhouse (up 4% y/y) – a trend we have seen all year. Single family sales were 1,078 – down 11% over last May (1,213 reported). Condo sales were down 10% over May 2015 at 510. Sales were up in all categories over April 2015. Year-to-date, residential sales are down 13%.
Despite a decline in all residential sales, the average sale price was $381,111 up 2.5% from May last year. Single family dwellings sold for an average of $451,312 (up 3% from last May), condos for $256,143 (up 2% y/y) and duplex/rowhouses were the only price drop at $345,659 (down 2% y/y).
The end of month residential active inventory was 7,303 for the Edmonton CMA. May 2015 all residential new listings were down 2% from last year at 3,314. That meant 5% less single family, 6% more condo, and 4% less duplex/rowhouse listings than in May last year.
| May 2015 | M/M % Change | Y/Y % Change | |
| SFD2 average3 selling price – month | $451,312 | 2.89% | 2.97% |
| SFD median4 selling price – month | $418,950 | 2.18% | 2.18% |
| Condominium average selling price | $256,143 | 1.27% | 1.77% |
| Condominium median selling price | $235,250 | 0.11% | 0.11% |
| All-residential5 average selling price | $381,111 | 1.02% | 2.48% |
| All-residential median selling price | $360,000 | 0.28% | 2.24% |
| # residential listings this month | 3,314 | 0.49% | -2.18% |
| # residential sales this month | 1,784 | 11.71% | -9.85% |
| # residential inventory at month end | 7,303 | 7.65% | 29.62% |
| # Total6 MLS® System sales this month | 2,306 | 10.76% | -13.86% |
| $ Value Total residential sales this month | $770 million | 14.30% | -24.04% |
| $ Value of total MLS® System sales – month | $874 million | 10.36% | -13.74% |
| $ Value of total MLS® System sales – YTD | $3.3 billion | 39.06% | -12.96% |
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Reports of the impending burst of the so called “housing bubble” have homeowners looking closer at housing prices this month. While it makes for an exciting story, the numbers just don’t back up the claim. Edmonton Census Metropolitan Area (CMA) continues to see the stable market we have enjoyed over the past few years.
The steady gain year-over-year in housing prices is reflective of a stable and strong market. Average prices, listings, and sales are all up from September of last year. The average days on market for residential properties remained the same as August at 49 (down from 54 days the same time last year). While inventory is still down 6% from September 2013.
The average price for a single family dwelling (SFD) in Edmonton in September stayed strong at $435,584 (down a mere 0.04% from August). Condos were down 3% month over month at an average selling price of $254,494. Duplex/row house prices were up 0.3% to $350,983 and the total residential average price was up 0.8% from August at $372,673.
In September, 2,193 residential properties were listed and 1,568 were reported sold (1,693 adjusted). Single family dwelling reported sales were up 4.7% from last month at 967 (1,044 adjusted) while condos were down 3.6% at 452 (488 adjusted).
We normally see a decrease in sales and average price when fall arrives. The strong market we saw in August continued on into September with surprisingly little to no changes in prices. There is a false idea out there that people only buy houses in the spring and summer. People buy and sell their houses when the time is right for them. Consulting with your Russian Ukrainian speaking local REALTOR – Irina Mierzewski – is the best way to see if the time is right for you.
The number of homes listed for sale in September was 8% higher than the same month last year. The sales-to-listing ratio was 72%: up from 67% last month.
| September 2014 | M/M % Change | Y/Y % Change | |
| SFD2 average3 selling price – month | $435,584 | -0.04% | 6.92% |
| SFD median4 selling price – month | $405,000 | 0.56% | 6.91% |
| Condominium average selling price | $254,494 | -2.94% | 4.85% |
| Condominium median selling price | $232,000 | 1.53% | 2.65% |
| All-residential5 average selling price | $372,673 | 0.83% | 6.37% |
| All-residential median selling price | $350,000 | 0.32% | 4.28% |
| # residential listings this month | 2,193 | -4.74% | 8.08% |
| # residential sales this month (reported) | 1,568 | -7.66% | 9.19% |
| # residential inventory at month end | 4,812 | -9.79% | -5.85% |
| # Total6 MLS® System sales this month | 2,122 | 4.17% | 6.47% |
| $ Total value MLS® System residential sales – month | $668 million | 3.24% | 13.15% |
| $ Total value MLS® System sales – month | $788 million | 4.95% | 13.67% |
| $ Total value MLS® System sales – YTD | $7.6 billion | 12.82% | 16.05% |
Edmonton, August 5, 2014:
The Single Family Detached (SFD) average price in July was down 2% from June at $426,716 and the All Residential average price was off 2.6% from June at $362,091 in the Edmonton . Condo prices were stable month-over-month at $254,654 and duplex/rowhouse average prices rallied with a 5% lift to $360,309.
Residential sales were up year-over-year from 1,835 in July 2013 to 2,013 (up 9.7%) with SFD sales (1,179) up compared to the same month last year by 4.8%.
Condo sales of 639 units were up 15.4% and duplex/row house sales were up 27.7% compared to July 2013.
There is adequate supply with over 5,600 residential properties in inventory.
The average days-on-market was up slightly to 46 days in July as compared to 41 days in June. The sales-to-listing ratio was 69%: slower than the 75% last July.
If you are looking to buy or sell your property – call Irina Mierzewski – your english ukrainian russian speaking realtor in edmonton and she will be happy to answer all your questions and assist you in all your real estate needs! please read testimonials on her page and see what other clients are saying about her and her professional real estate expertise .
| M/M % Change | Y/Y % Change | ||
| SFD2 average3 selling price – month | $426,716 | -2.00% | 3.90% |
| SFD median4 selling price – month | $396,000 | -4.00% | 3.10% |
| Condominium average selling price | $254,654 | 0.20% | 4.60% |
| Condominium median selling price | $239,000 | 0.00% | 6.20% |
| All-residential5 average selling price | $362,091 | -2.60% | 3.30% |
| All-residential median selling price | $345,000 | -3.90% | 3.00% |
| # residential listings this month | 2,718 | -8.10% | 10.60% |
| # residential sales this month (reported) | 1,864 | -12.70% | 1.60% |
| # residential inventory at month end | 5,609 | -1.70% | -3.90% |
| # Total6 MLS® System sales this month | 2,570 | -1.95% | 4.10% |
| $ Total value MLS® System residential sales – month | $786 million | -6.10% | 5.70% |
| $ Total value MLS® System sales – month | $948 million | -4.40% | 9.40% |
| $ Total value MLS® System sales – YTD | $5.9 billion | 20.90% | 16.50% |
| The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. |
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