The Gist: November 2016

“The Gist” is adapted from the REALTORS® Association of Edmonton Monthly MLS® Report and Press Release. Every month I summarize and post “the gist” of the MLS® data for Edmonton and area real estate activity.

The average*** single family detached price in the service area of the Edmonton Multiple Listing Service® was up 3.95% to $440,496.
The average condominium price was down 1.68% to $241,569
The average duplex/ rowhouse price was up 6.39% to $353,818
The average days-on-market in November was 52-days for single-family, 79-days for condos, and 74-days for duplexes..
There were 978 reported residential sales and 6,493 residential units for sale at month end.

The REALTORS® Association of Edmonton releases month-end and year-end results for sales through the local Multiple Listing Service® and includes all residential sales for the City of Edmonton and surrounding communities and counties. ***Average prices indicate market trends only. They do not reflect actual prices, which vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. For information on a specific area, contact me directly***
Activity (for all residential sales on Edmonton MLS® System)

November
2016

Change from
October

Change from November 2015

SFDaverage selling price – month

$440,496

3.95%

-1.76%

SFD median4 selling price

$394,000

0.45%

-1.90%

Condominium average selling price

$241,569

-1.68%

-4.75%

Condominium median selling price

$215,000

-6.52%

-8.34%

Duplex/ rowhouse average selling price

$353,818

6.39%

4.23%

Duplex/ rowhouse median selling price

$334,450

4.84%

-2.21%

All-residential5 average selling price

$373,174

2.52%

0.98%

All-residential median selling price

$347,250

-0.22%

-1.00%

# residential listings this month

1,825

-15.0%

-4.65%

# residential sales this month

978

-22.7%

-11.4%

# residential inventory at month end

6,493

-10.0%

7.45%

# Total6 MLS® System sales this month

1,269

-23.6%

-10.2%

$ Value total residential sales this month

$411.6 Million

-21.4%

-9.59%

$ Value of total MLS® System sales – month

$466.9 Million

-22.5%

-11.1%

$ Value of total MLS® System sales – YTD

$7.5 Billion

7.15%

-7.44%

1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

2016statsinfographic-november-cmathumb///…CP

Come Home To: 310, 17467 – 98A Avenue


Welcome home to this updated 840 square foot, 2-bedroom, 2-bath condo on the third floor in Pointe West II.

The family room is generous in size with a set of patio doors out to the covered west-facing balcony and overlooks the green space buffer between neighbouring buildings.
The galley style kitchen is bright and features white cabinets, stainless steel appliances, and neutral counter tops. The dining area just off the kitchen is a good size.
The master bedroom is a large and features a walk-through closet to the 4-piece ensuite bath. The second bedroom is on the opposite side of the unit and makes for a great home office or guest bedroom.
The stacked laundry, extra storage room, and full 4-piece main bath are wonderful additional features.

This unit has been meticulously maintained, features neutral colours throughout, and is close to transit, shopping, and many west Edmonton attractions and amenities. This unit comes with one assigned, energized parking stall.

Come home!

Download Property Brochure

Address: 310, 17467 – 98A Avenue, Edmonton, AB  T5T 6E9
Style: Apartment Condo
Built: 1995
Size: 840 square feet
Bedrooms: 2
Bathrooms: 2
Taxes: $1,581 (2016)
Condo Fees: $400/ month
Municipality:
 City of Edmonton
Public School: Edmonton Public Schools
Catholic School: Edmonton Catholic Schools
Recreational Facility: YMCA – Jamie Platz
Transit: ETS

Contact us today for more information about this property or to schedule a viewing.

///…CP

Come Home To: 50 Sheridan Drive

Welcome home to this 1,040 sqft bungalow located in St. Albert’s Sturgeon Heights neighbourhood.

Use your imagination as you start from scratch and renovate this home starting from the inside out. The main floor is laid out with a large living room, dining room, and kitchen. There are also three bedrooms and a 4-piece main bath.

The basement is partially developed with three separate rooms/ areas. This home is situated on a large lot and offers a 26’x28’ detached garage with 10’ ceilings that is almost complete.

The unbeatable price, the location on a quiet street close to schools, shopping, and transportation and the potential for improvement should put this home at the top of your list.

Come home!

Download PDF Brochure

Address: 50 Sheridan Drive, St. Albert, AB  T8N 2J2
Style: Bungalow
Built: 1962
Size: 1,040 square feet
Bedrooms: 3
Bathrooms: 1
Taxes: $2,940 (2016)
Municipality:
 City of St. Albert
Public School: St. Albert Public Schools
Catholic School: Greater St. Albert Catholic Schools
Recreational Facility: Servus Place

Contact us today for more information about this property or to schedule a viewing.

///…CP

The Gist: October 2016

“The Gist” is adapted from the REALTORS® Association of Edmonton Monthly MLS® Report and Press Release. Every month I summarize and post “the gist” of the MLS® data for Edmonton and area real estate activity.

The average*** single family detached price in the service area of the Edmonton Multiple Listing Service® was down 1.55% to $423,755.
The average condominium price was down 2.25% to $245,698
The average duplex/ rowhouse price was down 7.72% to $332,565
The average days-on-market in October was 60-days.
There were 1,265 reported residential sales and 7,215 residential units for sale at month end.

The REALTORS® Association of Edmonton releases month-end and year-end results for sales through the local Multiple Listing Service® and includes all residential sales for the City of Edmonton and surrounding communities and counties. ***Average prices indicate market trends only. They do not reflect actual prices, which vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. For information on a specific area, contact me directly***
Activity (for all residential sales on Edmonton MLS® System)

October
2016

Change from
September

Change from October 2015

SFDaverage selling price – month

$423,755

-1.55%

-1.75%

SFD median4 selling price

$392,250

-1.26%

-0.92%

Condominium average selling price

$245,698

-2.25%

0.45%

Condominium median selling price

$230,000

0%

1.48%

Duplex/ rowhouse average selling price

$332,3565

-7.72%

-6.90%

Duplex/ rowhouse median selling price

$319,000

-6.18%

-6.21%

All-residential5 average selling price

$364,004

-2.65%

-0.64%

All-residential median selling price

$348,000

-2.25%

0.87%

# residential listings this month

2,147

-21.6%

-5.50%

# residential sales this month

1,265

-5.52%

5.50%

# residential inventory at month end

7,215

-8.17%

8.64%

# Total6 MLS® System sales this month

1,661

-3.49%

5.59%

$ Value total residential sales this month

$523 Million

-7.27%

2.20%

$ Value of total MLS® System sales – month

$603 Million

-5.63%

2.82%

$ Value of total MLS® System sales – YTD

$7.5 Billion

10.3%

-7.17%

1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

edmontoncma-oct2016

///…CP

CONTEST: Shirt Off Your Back

file_003We want the shirt off your back and we’re giving away two Edmonton Oil Kings prize packs to get it!
#shirtsforofss

Each prize pack consists of a $100 Boston Pizza Gift Card and 4 tickets to an Edmonton Oil Kings regular season game of your choosing*** — and we’re giving away two prize packs!

Entering is easy and in return we want your gently worn (no holes) and freshly laundered long sleeve/ cool weather shirts so we can deliver them to the homeless seniors served by Operation Friendship Seniors Society (OFSS).

Entering is as easy as 1, 2, 3:
ONE: Grab one (or many) long sleeve/ cool weather shirt from your wardrobe;
TWO: Deliver to us in person at our RE/MAX Professionals office on one of the three dates listed below; and
THREE: Get one entry for each shirt donated.

Get a bonus entry by visiting our Facebook page (Cominghome Real Estate) and posting a picture of the shirt(s) you’re donating along with the words, “We’re giving Craig & Kelly the shirt off our back for OFSS!”

Drop-off dates:
Sunday, October 30 from 1pm-3pm
Wednesday, November 2 from 4pm-6pm
Friday, November 4 from 3pm-5pm

Contest runs from Saturday, October 29 until Friday, November 4. Winners (two) will be drawn at random and announced on Saturday, November 5.ofss

RE/MAX Professionals is located at 12 Hebert Road, St. Albert, AB

Long-sleeve t-shirts, sweat shirts, hoodies, sweaters,etcetera. All shirts will be delivered to Operation Friendship Seniors Society to help keep homeless seniors warmly clothed this winter.

***Regular season only and not valid for premium seating (box/ club seats).

///…CP