June 2016

There are 2 blog entries for June 2016.

Situation

Wendy and Steven were very keen to sell this acreage home just to the west of Edmonton. They had tried a local traditional REALTOR ® without success. We understand that they had very few showings and no offers. They considered the Comfree program, but ruled it out on the basis that they did not have the time, or skill set required to effectively market and sell a high-end home. They decided instead to hire Ambergate Realty Advisors.

Result

We got to work right away. Stuart our broker advised the Mandiuk’s on the importance of home preparation and a staging consultant was called in to advise on the final touches. Did it work? The team at Ambergate Realty Advisors created multiple offers, negotiated and created a sales contract after…
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Summary:

If you have been holding back from selling your home in the belief that the market has crashed, rejoice. The Edmonton market so far this year has been more robust than most experts had predicted.

If you are wanting to buy, then this could be the time to do it. The longer you wait the more you will pay based on the market's performance so far this year.

Sales Values

The average sales price of a home sold in May 2016 across Edmonton increased by around 1% over this time last year for an average sales price of $388,843.

Numbers Sold:

Approximately 74 fewer homes Edmonton homes sold in May 2016 compared to May of last year. We consider this to be insignificant. 

Days on Market

It took only 7 days longer for

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