March 2018

Found 4 blog entries for March 2018.

We really enjoy it when we list homes for sale in our own backyard and this home is no exception. For a very reasonable price, this is a chance to get into Highlands one of the best neighborhoods in Edmonton according to Avenue Magazine. See this link for details: Top 10 Neighborhoods in Edmonton. Would you like to see the home? Click here for details…

 

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Summary:

After we saw sales values drop in January, they rallied nicely in February. This speaks to underlying confidence that home buyers have in the Edmonton market. We all have to live somewhere and renting is not a long term option for most.

Sales Values: 

Home sellers witnessed some uplift in January.

Sales values were on average $371,698, an impressive $7,300 UP on February 2017.

Month End Inventory

Compared to the end of February 2017 there was 480 MORE listings for sale this year. This equates to a 6 month supply.

Normally an extremely high supply currently a 3 or 4 months’ supply of homes for sale is preferred to keep the market vigorous.

Numbers Sold:

The actual number of sales dropped by 76 units. In

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Questions 

 

If you are selling your home soon, it’s important that you start thinking about selecting a service provider to help you. Given the large number of homes that fail to sell each year its crucial that you pick well.

Here are some questions that you may find helpful in order to make the right choice:

1. How long have you been a REALTOR®?

Some Edmonton REALTORS® have been around for decades and rely on their reputation to win clients. Unfortunately, many of these folks have fallen way behind, in terms of understanding what type of marketing works these days. Conversely, many REALTORS® have only a few months experience. We suggest you look for someone with at least 10 years’ experience in marketing and selling many homes.

2. How many

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