Archived blog posts for : February 2012 : page 2

Avonmore Housing Sales Report - Avonmore Homes For Sale - Edmonton

Posted on February 10, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Avonmore:

Total number of Single Family homes sold: 35
Average home selling price: $351,058
Average selling price per square foot: $309.91
Average days on the Market: 50 days

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Hazeldean Housing Sales Report - Hazeldean Homes For Sale - Edmonton

Posted on February 9, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Hazeldean:

Total number of Single Family homes sold: 51
Average home selling price: $340,893
Average selling price per square foot: $318.32
Average days on the Market: 45 days

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King Edward Park Housing Sales Report - King Edward Park Homes For Sale - Edmonton

Posted on February 8, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of King Edward Park:

Total number of Single Family homes sold: 50
Average home selling price: $341,267
Average selling price per square foot: $312.30
Average days on the Market: 45 days

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Ritchie Housing Sales Report - Ritchie Homes For Sale - Edmonton

Posted on February 7, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Ritchie:

Total number of Single Family homes sold: 60
Average home selling price: $348,165
Average selling price per square foot: $313.10
Average days on the Market: 40 days

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Bonnie Doon Housing Sales Report - Bonnie Doon Homes For Sale - Edmonton

Posted on February 6, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Bonnie Doon:

Total number of Single Family homes sold: 59
Average home selling price: $429,124
Average selling price per square foot: $339.12
Average days on the Market: 54 days

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Cloverdale Housing Sales Report - Cloverdale Homes For Sale - Edmonton

Posted on February 6, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Cloverdale:

Total number of Single Family homes sold: 1
Average home selling price: $618,888
Average selling price per square foot: $334.17
Average days on the Market: 120 days

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Holyrood Housing Sales Report - Holyrood Homes For Sale - Edmonton

Posted on February 5, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Reporting Period: January 1, 2011 – December 31, 2011

Summary of single family homes sold in community of Holyrood:

Total number of Single Family homes sold: 40
Average home selling price: $342,992
Average selling price per square foot: $304.68
Average days on the Market: 36 days

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I have sold a property at 812 173 ST in EDMONTON

Posted on February 3, 2012 by Bill Bhamra

Posted in Zone 56, Edmonton Real Estate

I have sold a property at 812 173 ST in EDMONTON.

See details here

Brand new gorgeous 2 storey home in prestigious Langdale in Windermere. 3 bedrooms, two and a half bathrooms, plus huge Bonus Room with vaulted ceiling and lots of light. Dream kitchen offers a large island with eating bar, pantry and includes stainless steel appliances. Relax and entertain guests in the open concept family room which opens up to the nook and kitchen and includes gas fireplace. Convenient spacious main floor laundry with front loading washer and dryer. The master bedroom has a luxury spa like ensuite offering a corner soaker tub, a separate shower and walk-in closet. The additional 2 bedrooms are large and offer tons of closet space. Easy access to the airport, Anthony Henday, shopping and much more.

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Price and sales stability maintained in local housing market

Posted on February 3, 2012 by Bill Bhamra, REALTOR® Edmonton Homes for Sale

Edmonton, February 2, 2012: It was a typical January. The REALTORS® Association of Edmonton reports that housing prices in January softened and sales numbers were low as compared to the previous month. This January followed the usual trend with prices generally lower than the previous month and sales on par with December. However, except for the condo market, year-over-year prices and residential sales were up.

“We are predicting a slow but steady growth pattern for the market in 2012 and, as usual, this year started off slowly but is already showing signs of strength as we roll into spring,” said REALTORS® Association of Edmonton President (2012) Doug Singleton. “Listing and sales activity is up markedly as compared to a year ago. Listings in January as compared to December are up over 126%.” There were 5,303 residential properties in the local MLS® System at the end of January.

In January, the average price of a single family detached (SFD) home was $362,926, down just 1.1% from December 2011. A year ago the average price was $354,180. The condo market is still showing signs of distress. The average price of a condo in January was $215,407, down 4.9% from the December price. A year ago the average condo price was $223,807. Duplex and rowhouse properties sold on average for $304,590; an 8.3% improvement from last month and up 2.8% from a year ago.

The average residential price (including all SFD, condo, duplex and townhouse properties sold in the Greater Edmonton Area) was $318,034: up 0.7% from December and up 2.6% from last January. Sales are not keeping pace with new listings and the sales-to-listing ratio was low at just 36%. There were 2,441 residential properties listed and 881 sold in January (up 7.1% from a year ago). Average days-on-market in January was 65, the same as December.

“Interest rates remain at a historic low point and are not expected to rise this year. Combined with an expected increase in listing activity, the low interest rates make this a great time to enter the real estate market,” said Singleton. “Buyers have increased choice and there is a massive amount of information in the real estate market. REALTORS® are uniquely qualified to sort through the data and help buyers and sellers to make informed decisions that support their hopes and dreams. REALTORS® are here when life happens.”