December 2017

Found 5 blog entries for December 2017.

  

Never one to give up and after 2 consecutive years of campaigning, Stuart Neal our broker owner at Ambergate Realty Advisors was recently elected by his peers to represent them on the Member Services Committee at the REALTORS® Association of Edmonton.

Stuart is looking forward to representing ALL members during his 3-year tenure on the committee to ensure that the management at the REALTORS® Association of Edmonton is focused on delivering services that members want and need.

You can read more about Stuart by clicking this link – Stuart Neal Broker Owner & REALTOR®

Want more information about our discount and flat fee home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit

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 Ambergate Realty has recently sold my home for me. I was guided through the transaction all the way and found it a worry-free experience. I would certainly call on them again if the need should arise. It was a pleasure working with them.

Can we help you? We can assist you in purchasing ANY home or condo in the metro Edmonton market. Set up a home search by clicking here or see our Home Sellers Page

Lowest Fees & Best Results
Flat Fee Realty Services from $4500

 

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Summary:

Home buyers continued to demonstrate their believe in the Edmonton housing market by paying more and by purchasing in larger numbers.

Sales Values:

Prices jumped up in November 2017. Home sellers received almost $383,000 on average compared to around $379,000 in 2016. This equates to about a 1% increase or $3251 per home seller.

Numbers Sold:

This is big news. 112 more homes sold this year compared to November 2016. Excess inventory also came down. In October there were 688 more homes for sale when compared to October 2016. In November excess went down to 448. Supply is still at 6 months.

 Days on Market:

Homes went under contract in 64 days this November compared to 62 days in November 2016. This is not

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Don’t fall into the trap of complacency

At this time of the year, hundreds of home sellers witness outstanding success and sell for full market value.

 Between mid December 2016 and mid January 2017 over 600 homes sold in the Edmonton market taking around 60 days to sell. Click on this link to see the detail Edmonton Market Report.

Here’s why you could do well:

  1. Reduced competition. Many sellers just give up until Spring. Buyers who are looking at this time of the year are serious. They might pay you a premium price, if they can move in quickly.
  2. Home values often go up. Based on last year’s statistics house prices in the metro Edmonton area increased just before Christmas.
  3. Many Edmonton area workers get bonuses at Christmas. Why
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