Edmonton Real Estate Blog

HOORAY! YOU’RE FINALLY PREPARING TO SELL YOUR EDMONTON HOME!

It’s exciting and nerve racking at the same time, specially when its your first time to do it.

Worry not! Today, we listed 4 simple tricks to do before you put your Edmonton property up for sale in market. We assure you, it’s really easy!

Ready? Let’s begin!

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

WANT TO KNOW WHY YOUR EDMONTON HOME IS NOT SELLING?

Chances are its overpriced! Here are 3 ways to know if in deed it is and a few tips on how to correct it.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Here are your stats for the week covering June 24 – July 1 2016:

New Listings: 360
Average List Price: $431,276.00
Average Sale Price: $418,999.00
Average Sale Price / Sq Ft: $277.00
Average Days on Market: 46
Total Sales: 183

It wasn’t a good start for Edmonton home sellers for this month of July 2016. Compared to the June 10 – 17 period, Average List Price was down by -$493, Average Sale Price dropped -$26,008 and Average Sale Price / Sq Ft took a -$11 loss. All bad news for sellers and good news for buyers and investors.

Average Days on Market was 2 days shorter, from 49 last June 10 – 17 to 46 this June 24 – July 1. Total Sales wasn’t so pretty this past week, only 183 was registered compared to 208 in June 10 – 17.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

LOOKING FOR THE BEST PRICED KENISKI GARDENS EDMONTON HOME?

YES? THEN YOU CAME TO THE RIGHT PAGE!

This 4 beds, 3 baths Keniski Gardens property is now selling for only $330,000.

You will instantly at home once you enter this piece of paradise. The wood burning fireplace awaits you in the living area. Your basement features T-Bar ceilings and the backyard is facing West, exquisitely perfect for those BBQ & beer nights with friends and family.

Check out the complete details here: 4214 37 STREET, KENISKI GARDENS, EDMONTON HOME FOR SALE

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

List Price, Sale Price and Sale Price / Sq Ft took a hit this past week.

New Listings: 354
Average List Price: $431,769.00
Average Sale Price: $421,964.00
Average Sale Price / Sq Ft: $288.00
Average Days on Market: 49
Total Sales: 208

26 homes were added to the New Listings this past week. The rise in the New Listings unfortunately had an opposite effect on the List and Sale Price as these two indicators slid down.

Average List Price shaved off $25,887 while Average Sale Price dropped $26,008 on a Week-on-Week basis. Sad news for home sellers, good news for home buyers!

Total Sales were up to end at 208.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Only Average Sale Price and Days on Market made it to the green territory last week.

New Listings: 328
Average List Price: $457,656.00
Average Sale Price: $447,972.00
Average Sale Price / Sq Ft: $295.00
Average Days on Market: 51
Total Sales: 186

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

AND THE AWARDS KEEP COMING IN!

To add to the ever growing list of accomplishments, Serge Bourgoin will now be one of the few RE/MAX Realtors to receive the RE/MAX Lifetime Achievement Award.

From Elton Ash, Vice President of RE/MAX Western Canada Region: Serge Bourgoin’s tireless dedication to serving his clients, consumers and community has allowed him to achieve this high honor,

Yes! When you work with Serge, you’ll never be disappointed. Whether you’re on the buying, selling or investing side, the level of service that you will receive will be top notch.

Looking to buy or sell your Edmonton property today? Call Serge at 780-995-6520.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

JUNE IS THE MONTH YOU’RE FINALLY GETTING THAT EDMONTON HOME SOLD!

Keep that positivity going and remember to follow this guide made specially for you.

HERE ARE YOUR 13 COMMANDMENTS IN SELLING THAT EDMONTON HOME:

1. STOP DISREGARDING THE MESS
2. STOP MAKING BIG HOME MAKEOVERS
3. DO NOT OBSTRUCT NATURAL LIGHTING
4. STOP EXPECTING THAT BUYERS WILL FLOCK YOUR PROPERTY
5. NEVER USE DARK COLORS IN YOUR WALLS
6. BE OBJECTIVE, IF BUYERS REJECT, ACKNOWLEDGE THE FAILURE
7. PLACE YOUR PETS OUT OF VIEW OR AWAY FROM THE HOME WHEN THERE’S AN OPEN HOUSE
8. PLEASE LEAVE YOUR PROPERTY WHEN THERE ARE SHOWINGS
9. STOP PURCHASING NEW FIXTURES & FURNITURE
10. STOP PUTTING PERSONAL TOUCHES IN YOUR HOME
11. DON’T DISREGARD THE STORAGE SPACES, GARAGE, LAUNDRY AREA AND BASEMENT
12. STOP MAKING IMPULSIVE DECISIONS. IF YOU’RE NOT READY TO SELL, DON’T LIST ON THE EDMONTON MLS.
13. NEVER BE SCARED TO SEEK FOR ASSISTANCE FROM YOUR REALTOR.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

You read that right! Our beloved Edmonton real estate market is finally starting to stabilize.

Below are a few good indicators that shows this stabilization.

MARKET STATUS: Edmonton is still in the Buyer’s market territory, that means Edmonton homes for sale still outnumber the current Edmonton home buyers.

AVERAGE PRICE BY CATEGORY: The condo segment barely moved on a Year-to-Year basis but its still better than single family homes which is down 2.67% from May 2015.

AVERAGE SOLD PRICE: Edmonton home sellers in April enjoyed a 3.15% increase Month-to-Month, while the overall market enjoyed a modest 1.36% Year-to-Year increase from May 2015.

25 YEAR PRICE HISTORY: The 25-year annual rate of return for properties in the city of Edmonton is +5.44%.

ACTIVE & SOLD LISTINGS: Down by 11.07% in May 2015 on a Year-to-Year basis. Yikes! Some Reators are not have a good year!

ABSORPTION RATE: a whooping 78.19% were unsold, expired & terminated listings!

The figures don’t lie, its clear that the market entering a steady state. Now is the time for you to take advantage of this stability! Carpe Diem!

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.