December 2011 Market Reports

October Real Estate Market Slower But Not At All Scary REALTORS® Association of Edmonton Edmonton, November 2, 2011: In October the streets are overrun with ghoulish figures and scary characters but homeowners had no reason to fear the local housing market. Average prices for all types of residential property softened in October as part of the seasonal trend. In October the average* price of a single family detached home dipped lower than the two previous years and the previous month. The avera ... Full Article...

Average Sales Prices for October 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $287,362 North Central $352,977 Northeast $272,993 Central $205,728 West $445,215 Southwest $491,019 Southeast $362,704 Anthony Henday $437,214   St. Albert $427,868 Sherwood Park $374,043 Leduc $364,261 Spruce Grove $372,293 Stony Plain $347,550 Morinville $301,711 Fort Saskatchewan $318,857 OVERALL $362,897 Condominiums $223,892 Acreages $422,675 * Averag ... Full Article...

Average Sales Prices for August 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $317,571 North Central $348,571 Northeast $303,003 Central $231,260 West $444,166 Southwest $480,764 Southeast $355,388 Anthony Henday $440,665 St. Albert $432,609 Sherwood Park $417,023 Leduc $388,010 Spruce Grove $346,301 Stony Plain $360,971 Morinville $339,200 Fort Saskatchewan $323,189 OVERALL $370,438 Condominiums $231,735 Acreages $398,711 * Average pr ... Full Article...

August figures show that local real estate prices remain stable over the years REALTORS® Association of Edmonton Edmonton, September 2, 2011: The average* price of a single family home has remained remarkably stable for the past four years according to figures released by the REALTORS® Association of Edmonton. The average selling price in August has varied from a high of $372,000 in 2008 to the low of $367,700 in 2009. Last month SFDs sold on average for $370,438. Prices have varied within a ra ... Full Article...

Average Sales Prices for June 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $349,393 North Central $359,460 Northeast $322,217 Central $241,574 West $391,405 Southwest $509,492 Southeast $351,690 Anthony Henday $468,004 St. Albert $427,193 Sherwood Park $429,551 Leduc $337,473 Spruce Grove $359,417 Stony Plain $341,656 Morinville $304,604 Fort Saskatchewan $340,802 OVERALL $379,409 Condominiums $231,853 Acreages $436,440 * Average pric ... Full Article...

REALTORS® Optimistic About Strength in the Local Housing Market REALTORS® Association of Edmonton Edmonton, July 5, 2011: Economic and other external indicators point to a strengthening of the local real estate market according to the REALTORS® Association of Edmonton. ?Statistics Canada reported that Alberta boasted the highest spike in population in the first quarter with a 0.4% increase. ?The Conference Board of Canada predicts that housing prices in Edmonton will increase from five to seve ... Full Article...

Average Sales Prices for May 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $320,459 North Central $362,404 Northeast $291,113 Central $251,043 West $489,626 Southwest $483,861 Southeast $333,529 Anthony Henday $431,539 St. Albert $440,116 Sherwood Park $420,054 Leduc $344,818 Spruce Grove $352,882 Stony Plain $340,529 Morinville $314,562 Fort Saskatchewan $347,594 OVERALL $380,545 Condominiums $241,080 Acreages $503,574 * Average pri ... Full Article...

Local Housing Market in one word: Up REALTORS® Association of Edmonton Edmonton, June 2, 2011: The local real estate market is looking up according to the current statistics released by the REALTORS® Association of Edmonton. The average residential sales price is up, the price of a single family detached home or a condo is up, number of sales is up and inventory is up over the previous month. “Local market housing sales this year are tracking as we forecast in January,” explained RE ... Full Article...

Average Sales Prices for March 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $297,800 North Central $344,845 Northeast $328,216 Central $199,109 West $527,628 Southwest $523,312 Southeast $342,515 Anthony Henday $430,121 St. Albert $417,447 Sherwood Park $413,942 Leduc $338,664 Spruce Grove $353,294 Stony Plain $360,648 Morinville $298,533 Fort Saskatchewan $343,269 OVERALL $378,912 Condominiums $232,706 Acreages $425,509 * Average pri ... Full Article...

First Quarter Housing Sales on Normal Track; Prices Up  REALTORS® Association of Edmonton Edmonton, April 5, 2011: REALTORS® expect the local real estate market to follow a well-worn annual sales track. However, like the stock market, large external forces can skew the market. In 2010, the threat of increased mortgage rates and a change to mortgage qualification rules accelerated sales in the first quarter and caused a sales slump in the following months that took all summer to work through. Th ... Full Article...

Average Sales Prices for January 2011 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $337,200 North Central $354,562 Northeast $281,083 Central $209,627 West $400,754 Southwest $450,998 Southeast $333,144 Anthony Henday $416,570 St. Albert $401,292 Sherwood Park $395,422 Leduc $361,542 Spruce Grove $364,365 Stony Plain $352,270 Morinville $338,470 Fort Saskatchewan $342,293 OVERALL $356,276 Condominiums $220,994 Acreages $477,445 * Average p ... Full Article...

Homebuyers dig into snow banks not wallets in January REALTORS® Association of Edmonton Edmonton, February 2, 2011: According to the REALTORS® Association of Edmonton the average price of housing increased slightly in January as compared to the previous month. The all-residential average price rose three quarters of a percent to $310,766; up from $308,497 in December. Single family homes rose a quarter of a percent while condo prices dropped just over one percent during the month. Residential s ... Full Article...

Council fights for Alternate West route February 22, 2011 Strathcona County Website News www.strathconacounty.ab.ca Council revises motion on Heartland Transmission Project to fight for Alternate West Route along with line burial Strathcona County Council today expanded its March 3, 2009 motion, which opposed the construction of any 240 kV or higher voltage transmission line within the County unless the lines were constructed underground. Under the new motion, the County will fight for rec ... Full Article...

Average Sales Prices for December 2010 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $313,836 North Central $326,353 Northeast $299,506 Central $264,382 West $406,954 Southwest $454,350 Southeast $318,663 Anthony Henday $430,523 St. Albert $448,646 Sherwood Park $394,229 Leduc $206,875 Spruce Grove $ Stony Plain $240,000 Morinville $ Fort Saskatchewan $ OVERALL $223,454 Condominiums $223,454 Acreages $511,500 * Average prices indicate marke ... Full Article...

Single Family and Condo Prices Slightly Lower in December REALTORS® Association of Edmonton Edmonton, January 5, 2011: The average price for a single family detached home in December was $355,270, down about $10,000 as compared to the price in November. The average condo price dropped less than $6,000 to $223,454. The marginal price reduction (down 2.7%) continued a SFD slide that started in June when average prices were over $390,000. Condo prices peaked at $252,700 in April and have continue ... Full Article...

Average Sales Prices for November 2010 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $281,815 North Central $331,726 Northeast $281,976 Central 203,939 West $424,156 Southwest $467,522 Southeast $331,065 Anthony Henday $440,276 St. Albert $410,182 Sherwood Park $403,394 Leduc $353,915 Spruce Grove $357,159 Stony Plain $378,225 Morinville $256,245 Fort Saskatchewan $356,380 OVERALL $362,657 Condominiums $229,603 Acreages $401,210 * Average p ... Full Article...

  Housing prices soften as sales bump up -REALTORS® Association of Edmonton Edmonton, December 2, 2010: The average price of a single family detached property in the Edmonton area continued to soften in November. According to the REALTORS® Association of Edmonton, at $362,657, the average* SFD price was half a percent lower in November than it was in October. Compared to a year ago the price was down significantly by 2.5%. November condo prices also took one of the biggest drops this year with ... Full Article...

Average Sales Prices for May 2010 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton Northwest $324,136 North Central $345,360 Northeast $301,566 Central $268,117 West $ 485,232 Southwest $474,236 Southeast $353,631 Anthony Henday $464,460 St. Albert $419,472 Sherwood Park $389,760 Leduc $351,830 Spruce Grove $362,457 Stony Plain $327,704 Morinville $318,869 Fort Saskatchewan $307,167 OVERALL $372,253 Condominiums $232,230 Acreages $397,709 * Averag ... Full Article...

August housing market quietens - REALTORS® Association of Edmonton Edmonton, September 2, 2010: The REALTORS® Association of Edmonton reports that the average price of single family property in the Edmonton area has softened with a small drop for the second consecutive month. Prices were plateaued at just over $388,000 from March to June. Condominium prices have dropped steadily from their high point of $253,000 in April and are down another 2.99%. “Despite the two month drop, single ... Full Article...

Average Sales Prices for May 2010 REALTORS® Association of Edmonton Single Family Dwellings City of Edmonton $398,473 Northwest $302,636 North Central $364,436 Northeast $320,998 Central $266,736 West $ 438,626 Southwest $529,111 Southeast $350,198 St. Albert $442,952 Sherwood Park $422,426 Leduc $355,953 Spruce Grove $383,862 Stony Plain $389,464 Morinville $326,892 Fort Saskatchewan $314,810 OVERALL $385,148 Condominiums $248,975 Acreages $466,034 * Average prices indicate ma ... Full Article...

REALTORS® face relaxed housing market with stable pricing - REALTORS® Association of Edmonton Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008. “Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,” s ... Full Article...

Stability in Edmonton Housing Market continues through February, REALTORS® Association of Edmonton March 2, 2010 Prices for residential property sold through the Edmonton Multiple Listing Service® changed marginally through February. Sales activity, however, was up dramatically when compared to last month or the same month last year. The average* single family dwelling price was $369,573 for February up just 1.4% from January; 5.6% from a year ago. Condominium prices dipped 3.8% in the month fr ... Full Article...

Average Sales Prices for December 2009 REALTORS® Association of Edmonton  Single Family Dwellings City of Edmonton   $366,761 Northwest            $328,960 North Central        $356,738 Northeast             $282,535 Central                 $227,784 West                    $421,093 Southwest            $468,565 Southeast             $357,413 St. Albert             $455,430 Sherwood Park      $399,701 Leduc                  $373,258 Spruce Grove        $337,338 Stony Plain            $309,681 ... Full Article...

REALTORS® Association of Edmonton Latest Market Analysis for  December 2009 December Results Create Positive Year-end Edmonton, January 5, 2010: Residential sales through the Edmonton Multiple Listing Service® were at the second highest level ever for December (after a record number of sales in 2006 of 1,074). Sales of single family homes, condominiums, duplexes and other residential property totalled 948 units for the month. Total sales of all types of real estate for December was 1,066, al ... Full Article...

REALTORS® Association of Edmonton Latest Market Analysis for October 2009 Resale Housing Sales Trend Remains Strong through October Edmonton, November 3, 2009: Resale housing sales continued their strong trend through October with sales of all housing types through the Multiple Listing Service® in October at the second highest level on record (after October 2006). There were 1,535 residential properties sold in October; up 23% from 2008 but down almost 10% from last month which follows the n ... Full Article...

Average Sales Prices for October 2009 (REALTORS® Association of Edmonton) Single Family Dwellings City of Edmonton                             Northwest                               $290,682    North Central                           $361,887    Northeast                                $294,088    Central                                    $252,776    West                                       $436,244    Southwest                               $518,349    Southeast                           ... Full Article...