Tuesday, April 17, 2012

Twin Brooks Real Estate Prices

Twin Brooks Edmonton Real Estate

The Twin Brooks Edmonton real estate market has mirrored the Edmonton average sold price per square foot for the most part. The average time to sell a home in Twin Brooks so far this year has been 53 days. Again, fairly similar to the Edmonton average days on market of 49. There was a home that went for over $2,000,000 in Twin Brooks this year. For more detailed sales statistics including an average sale price graph visit Twin Brooks Edmonton Real Estate

Klarvatten Northeast Edmonton Real Estate Sale Prices

Klarvatten Edmonton Real Estate
The Klarvatten Edmonton real estate average sale price per square foot has seen some strength in 2012. This northeast neighbourhood has had a rough 2011 on a selling price per square foot basis. For more details on Klarvatten including average sale price graphs and more sold stats visit Klarvatten Edmonton Real Estate

Saturday, April 14, 2012

Meyonohk Millwoods Real Estate Prices

Meyonohk Millwoods Real Estate

The Meyonohk Millwoods real estate average sale price per square foot has been greater than the Edmonton average sold price per square foot over the last 3 quarters. Meyonohk's average sold price per square foot has been quite consistent too, in the $270 to $275 range. For more detailed sales stats including an average sale price graph visit Meyonohk Millwoods Real Estate

Wednesday, April 11, 2012

Is Edmonton in a housing bubble?

Edmonton Housing Bubble in 2012?
I thought this topic might be interesting because of all the headlines about economic uncertainty in the world today. The question is, “Are we in a housing bubble in Edmonton?” For the most part, people I speak with are optimistic about the Edmonton/Alberta economy. I do occasionally read or hear bubble talk, the theory that Canada will have a USA style housing meltdown. The Bank of Canada Governor Mark Carney also has been talking about the overheated real estate market.
The truth is Edmonton is the #1 most affordable major market (outside of severely depressed US cities) in the world! To read the study and see more details visit Edmonton Housing Bubble.

March 2012 Edmonton Real Estate Market Stats

March 2012 Edmonton Real Estate Market Stats

March has been good for the real estate market in Edmonton. The Edmonton real estate market has continued to climb higher price wise for single family detached homes as well as duplexes. Condos actually slipped a little in March.

  • Single Family $380,083 up from $375,268 in February
  • Condo $231,629 down from $234,973 in February
  • Duplex/Rowhouse $319,020 up from $306,491 in February

The number of properties for sale in the Metro Edmonton real estate market has grown, which it always does in the spring. The current level of inventory sits just under 7000 properties.
Listing Inventory
Mar 2012 6851
Mar 2011 6885
Mar 2010 6770
Mar 2009 7476
Mar 2008 9464

For more detailed information including average sale price graphs and inventory and sales number graphs visit March 2012 Edmonton Real Estate Market