Should we worry?  Despite number of sales decreasing month to month and residential inventory increasing, the housing prices in Edmonton and surrounding area are holding.  The average price for a single family detached home in September of 2017 was $430,644 down by 1.75% from last month and up by 0.17% from September of 2016. The condo prices were up by 2.91% at 252,313 from $245,184 last month.

Total of 1,341 residential properties have sold in the 9th month of 2017, 13.04% less than in August and 6.25% less than in same period last year. The inventory decreased to 8,331 residential properties available compared to 8,570 last months and 7,857 in September of 2016. Average Days-On-Market were up by 3 day at 60.

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Congratulations to my awesome sellers on a smooth transaction on the sale of this Oliver Penthouse!

PENTHOUSE WITH A RIVER VALLEY VIEW! Bright 2 bedroom + 1 bath high rise condo in SOUGHT AFTER GRANDIN! Main features are: spacious living room which offers spectacular scenery, dining area with sliding doors to a balcony overlooking Downtown, galley kitchen, and efficient entrance with extra storage. You will enjoy a covered parking stall, quiet tree-lined street, and that all utilities are included in the condo fees. This fantastic location will be your epicenter to the River Valley, Victoria Golf Course, Legislature, and Downtown core with all the shops, galleries, and fine dining. Walk to Grandin LRT and quickly connect to U of A, Grant McEwan

The average price for a single family detached home in August of 2017 was $438,325 down by 1.92% from last month and down by 0.83% from August of 2016. The condo prices were also down by 6.37% at 245,184 from $261,861 last month.

Total of 1,542 residential properties have sold in the 8th month of 2017, 4.93% less than in July and 2.03% less than in same period last year.The inventory decreased to 8,570 residential properties available compared to 8,756 last months and 7,909 in August of 2016. Average Days-On-Market were up by 4 day at 57.

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

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The average price for a single family detached home in June of 2017 was $453,735 up by 2.91% from last month and up by 4.37% from June of 2016. The condo prices were also up by 3.69% at 260,084 from $250,818 last month.

Total of 1,867 residential properties have sold in the 6th month of 2017, 0.76% more than in May and 0.74% less than in same period last year. The inventory increased to 8,586 residential properties available compared to 8,385 last months and 8,179 in June of 2016. Average Days-On-Market were up by 1 day at 53.

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

Brought to you by Edmonton homes for sale blog!

Congratulations to my sellers for a quick transaction on the sale of this 2 Storey home in Ozerna!

AWESOME IN OZERNA! Over 2,300 sq.ft. of living space in this charming 2 storey, 4+1 bedroom, 3.5 bath, fully finished home! As you enter, you will notice an office/guest room to the left and formal dining room to the right. Modern kitchen offers a corner pantry, island, and dinette which opens onto the large and bright living room with gas fire place. The upper level boasts 2 ample bedrooms, 4pc bath, and Master Retreat with walk-in closet and 3pc en-suite. The fully finished basement has a family room, flex area, laundry, 4pc bath and the 5th bedroom. Enjoy your BBQ's on the large deck which overlooks the fully fenced yard. Well situated near

Edmonton real estate prices remain unchanged and average number of sales compared to prior years indicates a stable market. The increasing inventory in the last few month, may indicate the possible market decline, if it continues to rise. However, at this point we should wait and see how much it increases and if it does at all in the next couple of months.

The average price for a single family detached home in May of 2017 was $440,907 up by 0.3% from last month and up by 0.3% from May of 2016. The condo prices were down by 2.7% at 250,818 from $257,740 last month. Total of 1,853 residential properties have sold in the 5th month of 2017, 25% more than in April and 2.8% less than in same period last year. The inventory increased to 8,385 residential

Congratulations to my awesome sellers for a quick transaction on the sale of this half duplex bungalow in Kenilworth!

GREAT STARTER HOME! This 4 bed plus 2bath bungalow style, half duplex in Kenilworth has plenty to offer! See and appreciate: updated kitchen, ample dining room, and a bright, spacious living room. In addition to the 3 bedrooms on main is the access to the four season SUNROOM! Fully finished basement includes: separate entrance, big family room, 2nd kitchenette, 4pc bath, and a 4th bedroom. Upgrades are: hardwood and tile flooring, newer furnace, water tank, and roof. You will enjoy the fenced yard with single garage and RV parking. Quick access to U of A, Bonnie Doon Mall and Sherwood Park freeway. MOVE IN READY!

To book a FREE

Congratulations to my awesome sellers for a quick transaction on the sale of this Bergman bungalow!

PERFECT STARTER HOME in Mature Bergman. This solid and EXTENSIVELY RENOVATED Bungalow has plenty to offer the young family or investors. Efficient floor plan on main provides 2 bedrooms with upgraded 4pc bath, bright living room, comfortable dining area, and modernized kitchen with BRAND NEW stainless steel appliances, trendy countertops, and backsplash. The finished basement has a huge 3rd bedroom, laundry area and a partially finished 2pc bath. Large 50 by 125 ft. west-facing backyard is fenced, and comes with storage shed, Quonset-style shed and single garage. Well situated to take advantage of the shopping and amenities nearby as well as quick

Congratulations to my seller and all parties for a quick and smooth transaction on the sale of this fantastic condo in Alta Vista South!

To book a FREE CONDO EVALUATION, call/text Derek Hulewicz, Realtor at RE/MAX at 780-220-4224 or click the email form below: