Seller: In 2009, my partner and I acquired Derek's services to purchase our first house together. This past October our house was sold at 99.5% asking price. Derek is professional, friendly and a very knowledgeable realtor in the Edmonton Area. We will be obtaining Derek's expertise for our next house purchase soon.

In the last 30 days, total of 78 single detached residential homes have sold via the MLS® system in Northeast Edmonton, Zones: 2,3,28 and 35. East of 97 street and North of Yellowhead Trail.

The selling price ranged from $220,000, 1,024 sq.ft. bungalow with unfinished basement built in 1964 in York community, to $615,900, 2,546 sq.ft. 2 Storey with also unfinished basement in Cy Becker neighbourhood. The average selling price was $373,800, $257 per sq.foot, while the average list price was $384,411. It took on average 39 days for these Northeast houses to sell. The average size of these sold homes was 1,505 sq.ft. and built in 1990. The quickest sale took place the day the house came onto the market and the longest in 180 days.

All

Buyer: I recently purchased one of Derek's house listings, and I mean it when I say I couldn't have done it without him! This was my first time buying a home, and Derek made this process as smooth as possible for me. He was helpful in answering my questions, delivered paperwork quickly, and always responded in a timely and pleasant manner. He even provided me with contacts for a great lawyer, mortgage broker, and contractor who is currently doing fantastic work on my new home. He is the best and I highly recommend him!

Congrats to my sellers: Peter and Marina on the sale of their duplex in Glastonbury. It was a relatively quick and smooth transaction. 

STEPS FROM THE LAKE! This 3 bed and 2.5 bath Glastonbury fully finished 2 storey duplex has it all. Modern open concept on main includes: spacious living room with gas fireplace, kitchen with plenty of cupboard space and dining area with sliding doors to the deck. Upstairs offers Master retreat with 3pc ensuite and dual closets, 2 additional bedrooms and a 4pc bath. The basement has a generous family room and separate laundry area. Upgrades include: newer roof, furnace and hot water tank. You will enjoy the large south facing backyard with a deck in the summer and the attached garage in the winter! Quick access to

The average price for a single family detached home in October of 2020 was $442,854 up by 0.72% from last month and up by 5.50% from October of 2019. Condo prices were down by 1.34% at $231,608 from last month and up by 1.67% compared to last year.

Total of 1,674 residential properties have sold in the 10th month of 2020, 10.48% less than in September and 26.34% more than in the same period last year. The inventory decreased to 1,674 residential properties available compared to 7,248 last month and 7,926 in October of 2019. It took on average 50 days for all these residential properties to sell, 3 days less than last month.

All the information in this article has been provided by Realtors® Association of Edmonton!