Edmonton’s Rutherford Area Real Estate Listings and Sales statistics from your Team Leading Edge Rutherford specialist… Serge Bourgoin
To view and search all Edmonton and are MLS listed homes for sale visit us at www.EdmontonHomesForSale.biz
Edmonton’s Magrath Heights Area Real Estate Listings and Sales statistics from your Team Leading Edge Magrath Heights specialist… Serge Bourgoin
To view and search all Edmonton and are MLS listed homes for sale visit us at www.EdmontonHomesForSale.biz
From your Team Leading Edge MacTaggart specialist… Serge Bourgoin
To view and search all Edmonton and are MLS listed homes for sale visit us at www.EdmontonHomesForSale.biz
The market is really heating up in Edmonton. Tonight I wrote an offer above asking price on a property that only been on the market for 2 days and we were not the successful bidder. You need to act fast and possible significantly above asking price.
To view and search all Edmonton and are MLS listed homes for sale visit us at www.EdmontonHomesforsale.biz
If you want to succeed in the 2013-2014 real estate market, you must understand the current Canadian Homebuyers Trends. According to the Canadian Homebuying Trends Survey conducted last December, the top two demographics purchasing real estate in Alberta are: couples and families. As a result, the majority of future homeowners are between 18 and 54 years of age. Below are other survey results we found interesting:
In Canada almost one in five purchasers is single- 45% of the single homebuyers are women. This could be a direct consequence of the increased number of women with advanced education, such as college diplomas and degrees. Two years ago, 72% of Canadian women between 25 and 44 years of age had completed post-secondary education, in contrast to 65% of men. These young professionals have: established careers, financial independence, and success- as a result they are approaching the real estate industry and seeking homeownership.
To view & search MLS listed homes visit us at www.EdmontonHomesForSale.biz
Source: http://news.redmantech.ca/2013/03/201314-canadian-homebuyers-trends/
The mayor of Leduc County is making it clear to Edmonton he’s not going to roll over in the battle for 15,600 hectares of land south of Edmonton.
Mayor Stephen Mandel made the announcement Tuesday after city council voted 11-1 in favour. Coun. Linda Sloan was opposed and Coun. Karen Leibovici absent.
The additional land will support 30 to 35 more years of growth, both residential and industrial, with a large industrial area surrounding the airport, Mandel said.
“We are an industrial region and the city needs to have that industrial land,” Mandel said. “We’ve grown so exponentially we need to do this.”
For the complete article visit:
http://www.edmontonjournal.com/business/Edmonton+wants+annex+hectares+Leduc+County+including+airport/8052733/story.html
It hasn’t been the worst winter we’ve seen in Edmonton, but we’re all still anxiously waiting for spring to arrive. This year, the Real Estate market in the area decided not to wait, and began showing signs of spring in February. Sales and listings always heat up as the weather warms, but this year, buyers and sellers came out of hibernation just a little early. In February, we saw listing activity increase by 10% over January. Sales activity was even stronger, increasing 18.2% over the first month of the year. That puts our sales-to-listing ratio for the month at about 55%, 4% higher than the same time last year. While that means fewer properties were listed than sold, there’s still more than four months’ worth of supply available. With strong prices fueling activity, we can expect to see more sellers make the decision to enter the market in the coming months.
Things always tend to heat up in real estate as we hit spring. This year, spring sales activity seems to have arrived just a little ahead of spring weather. To get the best sense of which way the wind is blowing in real estate and what it could mean for you, talk to your local REALTOR® –here when life happens.
Source: Real Estate Association of Edmonton
EDMONTON – The City of Edmonton is negotiating with Leduc County to annex two parcels totalling 15,600 hectares south of the city, including the international airport.
For the complete article visit:
http://www.edmontonjournal.com/business/Edmonton+wants+annex+hectares+Leduc+County+including+airport/8052733/story.html
Edmonton, March 4, 2013: The REALTORS® Association of Edmonton reports that the housing market in the Edmonton CMA1 remains active. Residential listing activity was up 10% as compared to January and sales increased by 18.2%. The all-residential price (includes single family detached, condominiums, duplexes and row-houses) rose 4.3% in a month.
While the average price for a single family detached home broke through a psychological barrier at $400,973 in February ($399,832 in January), it was up just 0.3%. Condo prices showed stronger gains, rising 7.3% from January to $231,866. Duplex and rowhouse prices were also up month-over-month at $332,285 on average. The all-residential average price was $342,735 (up 2.9% from February 2012).
“REALTORS® were busier last month than in January both listing and selling more homes,” said President Darrell Cook. “As usual, sales activity will continue to increase as we move into spring. The inventory of available homes has increased and we expect hesitant sellers to come onto the market in the face of continuing strong prices.”
The pattern of sales in various price ranges has changed this year. “Confidence in the strength of our local economy and a shortage of attractive properties at the lower end of the price range are both moving consumers to consider higher priced properties,” said Cook. Sales of properties priced $425,000 to $550,000 have increased 19% so far this year, whereas sales of properties in the $200,000 to $375,000 range are down 9.6% compared to the first two months of 2012.
As of February 28, 2013, there were 4,183 residential properties listed in the MLS® System which reflects a 4.14 month supply at current sales levels. The days-on-market was 57 as compared to 53 last year. With an estimated 1,089 (1,008 reported) homes sold and 1,995 homes listed in February, the sales-to-listing ratio was 55%, up 4% from a year ago. Total Board sales for February were $470,309,954.
The figures above represent the sales in the Edmonton CMA1 as defined by Statistics Canada and includes the City of Edmonton and all municipalities in the four surrounding counties of Parkland, Sturgeon, Leduc, and Strathcona. Sales figures for February 2013 have been adjusted to anticipate sales during the month which will be reported after the data cut-off so as to compare more accurately with prior period figures.
REALTORS® in the Edmonton CMA and surrounding areas (including St. Paul and Cold Lake) contribute actual negotiated list and sale prices on a daily basis and are the most reliable source of pricing data in each local area and the entire market.
I am please to announced my continued membership with the Institute for Luxury Home Marketing. This allows me additional resources to market homes for sale in the luxury home market. If you are thinking about selling you luxury or executive home here in Edmonton call me so that I can demonstrate how I can give you the most exposure possible to help get the best price possible for you.
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