Kingswood Village a bungalow condo complex in St Albert is very popular with downsizers and professional couples. There is a 45 plus age restriction. However, we have been told that if 18 year olds need to be at home so that they can study this OK. There are pet restrictions but again we have been told that enforcement is liberal in nature. To see of the details of this home that we have just listed for sale please click here: Unit 20 Kingswood Village.
To see ALL condo bungalows currently for sale in St Albert please click here: ALL Condo Bungalows
More condos selling. Prices dropping. Excess inventory disappearing. The condo market is an interesting place right now.
58 more condo units sold across Edmonton when compared to the third quarter of 2018. This confirms that buyers continue to seek out condo living as a lifestyle choice.
Condos continued to trade at a discount when compared to last year. On average condo units sold for about 10% LESS than last year, equal to an average discount of about $25,000. Condos have been selling at a discount for the entire year. This is not good news, but as excess inventory dries up this pattern must eventually change. Its beyond the scope of this report to examine the ages of the condos sold, but
The market seems to be strengthening in favour of sellers. Discounts are less than the second quarter. Sales volume is about the same as last year and inventory volume is down.
2304 single family homes sold in Edmonton during the third quarter of 2019. This is 18 more than last year and confirms the underlying demand for homes in Edmonton.
Buyers continue to have an advantage but on the whole home sellers did relatively well. Homes during the last quarter sold for only $3614 LESS than last year. Not great but hardly a disaster. This equates to about a 1% discount and when compared to the second quarter when homes sold for about a 3% discount, this suggests the market may be hardening.
Jean Young of Castledowns was the lucky winner of our prize draw on Saturday. Jean is entitled to a FREE home selling package worth $7100.
We look forward to assisting Jean with the sale of her home.
Congratulations Jean :)
About the author:
Stuart Neal is an accredited Seniors Real Estate Specialist (SRES®). Many of his clients are downsizers. You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®
Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca
Do you want to sell your home? Are you afraid that you have waited too long? Don’t despair. For many home sellers this is the perfect time to sell and get top dollar. Let’s discuss why.
Here are 5 reasons why you should sell now:
1. The market is strong
Based on last year’s numbers, almost 2300 homes and condos will sell before December 31st, 2019, (excluding other areas like Sherwood Park and St Albert). This represents around 20% of ALL homes and condos sold during the entire year.
2. Less competition
October is when many home sellers leave the market. The change in leaf colour, the first frost, the first snow fall. These are stimuli that make many sellers give up until Spring. If you have your home for sale now, you will have
Edgemont in the south west segment of Edmonton is fast emerging as one of the more popular newer communities. We are proud to present this lovely home for sale with a walkout basement. For details please click on this link: For Sale 827 Eagleson Link NW Edmonton T6M 0V5.
To see ALL homes for sale in Edgemont please go this link: All Edgemont Homes for Sale
Summerside on the southern edge of Edmonton Alberta remains one of the most popular communities for first time buyers, families and downsizers. We are pleased to present this well priced home for sale. Click here for details: 7031 22 Ave SW Edmonton.
To see ALL single family homes for sale in Summerside click this link: ALL Summerside homes for sale.