The Semi-Detached & Townhomes segment was the big winner, while the All Edmonton Homes segment posted modest gains to lift the real estate market a notch closer to recovery from the downturn it experienced last Nov 11 – 18. The Average List Price fell down only 1% while Average Sale Price was only down by .24%, all the rest are in the positive territory.
With homebuyers purchasing last minute, we might see better stats this week.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
The big news today? The mortgage rate environment in Edmonton is on a stand still.
If you’re thinking of finally buying that property you’ve been eyeing this past several days, now is the best time to act. Best to take advantage of the mortgage rates now than wait into the unforeseen future.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
If you’re thinking of buying an Edmonton property, then we’ve got 7 awesome tips and tricks for you! Try to follow the wisdom written in the infographic as it will guide you through the tough and sometimes, confusing world of real estate.
Still here? Thanks for reading it this far! Below are the last 3 things you need to know.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
It was a tough week for the market with majority of our Edmonton market indicators seeing red!
Check out the stats…
Only the Semi-Detached & Townhomes segment increased its New Listings, gaining 18.87%. For the All Edmonton Homes segment, New Listings dropped to 331, Average List Price recorded a 2.17% low of $384,554 while Average Sale Price (the profit realized by the sellers) was down to $369,730. Average Sale Price / Sq Ft was only $226, a 7.64% downturn vs the previous week. In this economy, every dollar counts, so single-digit drops are a big loss for regular sellers.
If you want to sell your home for a higher price, call Serge today at 780-995-6520.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
This Wednesday, we’re kicking off our new blog segment for Edmonton Mortgage Rates. With the help of Chita Metcalfe from The Mortgage Group, we will publish the interest rates that you need to know every Wednesday.
It’s best you take advantage of the current interest rates. Don’t wait for too long to own the Edmonton home you want, Chita is here to help you get pre-approved and have the financing that you need.
Variable rates change frequently, contact Chita for current rates
Just in case you missed the news about Canada’s New Mortgage Rules, here’s a quick summary of the event as discussed by Serge and Chita.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
Condo Apartment home sellers are big winners this last week, while Semi-Detached & Townhouses seller are the losers. All Edmonton Homes reached a weekly high of 433, that’s a 62.17% increase vs the previous week. Average List Price (down 18.39%), Sale Price (down 17.72%) and Sale Price / Sq Ft (down 2.37%). Average Days on Market is a positive 55 points, up by 1.85% and the week ended in positive territory, garnering 160 points or 36.75% Week-on-Week.
Average Days on
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
Have you seen the volume of Edmonton Open Houses this month? The number of Edmonton home owners trying to sell their properties have gone up. Case in point, Serge Bourgoin & Associates revealed in its October 31 Real Estate Market Report that the number of listings reached 5,416, that is equivalent to 5.53 months worth of inventory.
Since the competition is getting tough, you need to know how to properly pull-off an Open House if you’re really serious in liquidating your property fast. Here are 5 things you need to do in order to help your Realtor successfully sell before the end of the year.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
The Edmonton real estate market have been marked by opposite extremes this past week. Our All Edmonton Homes market segment saw a 29.55% decline in New Listings, Average Days On Market dropped to 54 and Total Sales got cut in half reaching only 117, 49.35% decrease.
Average List Price on the other hand remained profitable, gaining 17.25% to settle at $481,661. Average Sale Price, this is the actual money made by sellers, reached a 27.52% increase compared to the previous week. $295 was the Average Sale Price / Sq Ft, a 14.34% mark-up.
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
Radon is a dangerous gas you can’t see, smell, or taste. According to the Environmental Protection Agency (EPA), about one in every 15 U.S. homes have high radon levels. Because most homes in the Edmonton area are built on a clay foundation won’t don’t find radon a typical issue. Many owners don’t realize there’s a […]
Exciting News for Homeowners: New Federal Program for Adding Rental Units The federal government has introduced a new mortgage refinancing program aimed at helping homeowners create additional living spaces, such as basement apartments or garage conversions. Starting in January 2025, this insured refinancing option will make it easier to build rental units, assisting homeowners in […]
When selling your home, finding the right price can be a delicate balance. Price it too high, and you risk losing potential buyers; price it too low, and you might not realize your home's full value. The key is to find that optimal price point where your listing attracts the right buyers. Here’s a guide […]
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
