Heidi Hromada

 

Cell: 780-982-4888 |

RSS

New property listed in Zone 20, Edmonton
I have listed a new property at 302 17404 64 AVE in Edmonton.
Are you handy? Do you have trade connections? If so, this is the property for you! Located in Callingwood, this is the LARGEST UNIT CURRENTLY FOR SALE IN THE BUILDING!! It is PRICED WELL BELOW THE TAX ASSESSED VALUE! This THREE BEDROOM, 2 BATHROOM CORNER UNIT with IN-SUITE LAUNDRY is priced to sell!! It simply needs a little TLC. Perfect for investors or first time buyers! This condo is located directly across from a green space/park which is visible from the oversized balcony. As an added bonus, our cold Alberta winters won't inconvenience you with the SECURE UNDERGROUND PARKING! There is also plenty of visitor and street parking. Located close to Whitemud Drive for ease of access. It won't last long!!
Read

Edmonton, July 5, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for June 2021 increased 33.4% compared to June 2020 and decreased 0.3% from May 2021.


New residential listings are up year-over-year, increasing 19.9% from June 2020. New residential listings are also up month-over-month, increasing 1.2% from May 2021. Overall inventory in the GEA was down 0.9% from June of last year and increased 5.9% from May 2021.


For June, single-family home unit sales are up 28.8% from June 2020 and down 6.9% from May 2021 at 1,676. Condo unit sales increased 47.2% from June 2020 and decreased 21.4% from May 2021. Duplex/rowhouse unit sales were up 34% year-over-year and down 1.5% month-over-month.


All residential average prices are at $398,229, a 10.6% increase from June 2020 and down 0.8% from May 2021. Single-family homes averaged $472,637, a 11.6% year-over-year increase and a 1.5% increase from May 2021. Condominiums sold for an average of $241,808, a 9.9% increase year-over-year, and prices are averaging the same as May 2021. Duplex prices increased 8.1% from June 2020, selling at $356,085, which was a 0.6% decrease from May 2021.


The MLS® Home Price Index (HPI) composite benchmark price* in the Greater Edmonton Area trended up to $350,200, an 8% increase from June 2020, and up 0.7% from May 2021.


“The Edmonton market in June saw an increase in year-over-year residential unit sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to June of last year, while month-over-month activity has started to cool off in some markets compared to May. Of course, we need to keep in mind the drastic difference between 2020 and 2021, but we are still witnessing a strong market that is beginning to balance out for the summer season.”


Single-family homes averaged 28 days on the market, a 25-day decrease from June of last year. Condos averaged 53 days on the market, a 13-day decrease year-over-year, while duplexes averaged 32 days on the market, a 32-day decrease compared to June 2020. Overall, all residential listings averaged 36 days on the market, decreasing by 23 days year-over-year and increasing by three days compared to May 2021.


*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time. 

Read
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.