Tuesday, September 15, 2015
18, 10 Wood Crest Lane, Fort Saskatchewan...Fully Finished $299,900
Welcome to Walnut Grove. This fully Finished 2 storey town home with a single
attached garage boasts nearly 1300 Square feet plus a fully finished basement.
The main floor has a cozy family room with a fireplace open to the kitchen with
nutmeg color cabinets $ stainless appliances. The basement is fully finished
with a rec room, 4th bedroom with a walk in closet and a full bath. The upper
level boasts 3 bedrooms, 4 pce main bath, Vaulted Master bedroom ceiling and a
spacious 3 pce ensuite. The cozy back deck has a natural gas BBQ hookup. Lots of
Visitor parking in this beautifully maintained complex called Walnut Grove.
Welcome Home.
Monday, April 13, 2015
Coming Soon!!!!
Listings Coming Soon!!!
Beautiful Fully Finished Townhouse in Fort Saskatchewan!!!
North East Edmonton 2 bedroom Condo!!!
South West Edmonton 1 bedroom + Den!!!
Beautiful Fully Finished Townhouse in Fort Saskatchewan!!!
North East Edmonton 2 bedroom Condo!!!
South West Edmonton 1 bedroom + Den!!!
Edmonton Real Estate Board News Release April 2015.
Edmonton, April 2, 2015: Despite a decline in all
residential sales over those reported in March of 2014, last month saw continued
growth of residential prices for the Edmonton Census Metropolitan Area CMA of
3%. The average sales price of a single family home was $438,880 - up 1.5% y/y;
condo was $249,841 - up 1.2% y/y; and duplex/rowhouse was $354,022 - up 6.9%
y/y.
Sales are down in all categories except duplex/rowhouse which are up over 6%. Single family sales were 876 down 4.5% over last March (917 reported). 416 condos sold last month compared to 474 in March 2014. All residential sales for March were reported as 1,453, down 6.5% from 1,554 reported last year.
“The fact that our prices did not have the dramatic increases seen over the past few years in other cities like Calgary, Toronto and Vancouver means we have not experienced the same overvaluation.” REALTORS® Association of Edmonton President Geneva Tetreault explains, “That is why our prices are not taking the same hit even though our inventory is way up and sales are slightly down. A more accurate valuation should keep our average prices more stable.”
March 2014 had 14 million-dollar plus sales (30 YTD), March 2015 had 8 million dollar plus sales (19 YTD). “Last year we saw a dramatic increase in sales of homes priced over a million. Even though the number of those high price sales are down this year, our average price is up. That is a good sign that we are not seeing our average prices inflated,” says Tetreault. “The big story continues to be the increase in inventory. We ended 2014 with a fairly low inventory. The influx of new listings means that buyers now have the opportunity to be a little more choosey. Having a REALTOR® help you navigate the market is always a wise decision, particularly in a complex market like ours.” Residential listings are up over 31% from last March with 3,152 new listings coming on to the MLS® System in the Edmonton CMA. That left us with an ample inventory of 5,944 properties for sale.
Rural areas seem to be seeing the same trends with total rural sales down 8% from 156 reported in March 2014 to 143 reported this year. Rural listings are also up, but only by 12%, a much smaller margin than the Edmonton CMA. Over 699 million dollars in residential sales through the REALTORS® Association of Edmonton occurred in March 2015.
Sales are down in all categories except duplex/rowhouse which are up over 6%. Single family sales were 876 down 4.5% over last March (917 reported). 416 condos sold last month compared to 474 in March 2014. All residential sales for March were reported as 1,453, down 6.5% from 1,554 reported last year.
“The fact that our prices did not have the dramatic increases seen over the past few years in other cities like Calgary, Toronto and Vancouver means we have not experienced the same overvaluation.” REALTORS® Association of Edmonton President Geneva Tetreault explains, “That is why our prices are not taking the same hit even though our inventory is way up and sales are slightly down. A more accurate valuation should keep our average prices more stable.”
March 2014 had 14 million-dollar plus sales (30 YTD), March 2015 had 8 million dollar plus sales (19 YTD). “Last year we saw a dramatic increase in sales of homes priced over a million. Even though the number of those high price sales are down this year, our average price is up. That is a good sign that we are not seeing our average prices inflated,” says Tetreault. “The big story continues to be the increase in inventory. We ended 2014 with a fairly low inventory. The influx of new listings means that buyers now have the opportunity to be a little more choosey. Having a REALTOR® help you navigate the market is always a wise decision, particularly in a complex market like ours.” Residential listings are up over 31% from last March with 3,152 new listings coming on to the MLS® System in the Edmonton CMA. That left us with an ample inventory of 5,944 properties for sale.
Rural areas seem to be seeing the same trends with total rural sales down 8% from 156 reported in March 2014 to 143 reported this year. Rural listings are also up, but only by 12%, a much smaller margin than the Edmonton CMA. Over 699 million dollars in residential sales through the REALTORS® Association of Edmonton occurred in March 2015.
Thursday, January 15, 2015
January 7th, 2015 - Stable Market for 2015
REALTORS® forecast stable market for 2015
Edmonton, January 7, 2015: The REALTORS® Association of Edmonton released their annual housing forecast today at a seminar at the Northlands Expo Centre attended by 700 REALTORS® and business people. President Geneva Tetreault forecast that sales of single family homes in the Edmonton Census Metropolitan Area will remain at the same level as 2014 around 11,500 sales.
Last year exceeded modest expectations with a growth of 11% in all residential sales. Tetreault expects another big year for sales of single family homes in Edmonton but little growth. “The cool down of employment growth and uncertainty of oil prices, may leave buyers more cautious in 2015. This is likely to be offset by the potential increase in mortgage rates in late 2015. Buyers will want to take advantage of the record low rates for the first half of the year,” explains Tetreault.
The number of sales of condo, duplex and rowhouse sales will increase by a modest 2.5% throughout the region as these properties offer affordability to new home owners and income potential for investors in a tight rental market.
Prices, as usual, will fluctuate through the year but the 12-month average price for a single family detached property is anticipated to increase about 3.5%. Condominium property average prices are projected to increase at a lower rate of about 2.5% over the year due to an influx of new condominiums hitting the market.
Tetreault’s forecast was supported by five other speakers at the seminar including Todd Hirsch, Chief Economist, ATB Financial; Nolan Crouse, Chair, Capital Region; Jason Sutton, President, Canadian Home Builders Association Edmonton; Christina Butchart, Senior Marketing Analyst, Canadian Mortgage and Housing Corporation; and Simon O’Byrne, VP, Stantec.
There are 3,200 REALTORS® operating in the greater Edmonton area which extends as far as Cold Lake, Wetaskiwin, Drayton Valley, Vegreville and Westlock.
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