Edmonton Real Estate Blog

We’re off to a running start! The Edmonton real estate market have bounced back from the slump it experienced in November-at least for now.

Looking at All Edmonton Homes, New Listings remained at 306, while Average List Price recovered a 1.74% increase. Average Sale Price also gained 1.34% and Average Sale Price / Sq Ft posted a 4.65% growth. Average Days on Market reached 75, translating to 1 11.94% uptick.

Home sellers gained the upper ground this first week of December. If you’re ready to sell, 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.

Just when we thought everything was going great, this happen…

After the Nov 18 – 25 real estate market rally, we’re hit once again with the this bad news. All the segments we are watching have beaten down. New Listings from All Edmonton Homes (-12.32%), Detached Single Family (-30.61%) and Condo Apartment (-2.63%) are on a decline with Semi-Detached & Townhouses being the only exemption, posting a 23.38% gain.

Edmonton Home Buyers are the main winners last week. Will this buying opportunity be extended this week? Let’s wait and see.

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 stats bounced back a little last week.

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.

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.

Here are your stats this previous week.

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.

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.