Summary:

During the first quarter sales values declined but inventory levels dropped massively.

Numbers Sold:

628 condos sold in Edmonton during the First quarter of 2020. This is only 23 fewer condos sold than last year and confirms the underlying demand for condos in Edmonton, despite the emergence of Covid 19.

Sales Values:

Condo sales values went down compared to last year. Condos during the last quarter sold for around $2600 LESS than last year. This equates to about a 1% DROP in sales values.

Days on Market:

 

Buyers purchased 6 days FASTER when compared to last year. Average days on market was only 66 days.

Month End Inventory

Inventory continues to drop. At the end of the First quarter we had 996 FEWER…

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Summary:

During the first quarter the market improved nicely for home sellers and Covid 19 had no impact whatsoever when the entire quarter is taken into account.

Numbers Sold:

 

 1512 single family homes sold in Edmonton during the First quarter of 2020. This is 35 fewer homes sold  than last year and confirms the underlying demand for homes in Edmonton, despite the emergence of Covid 19.

Sales Values:

Conditions swung mildly in favour of home sellers during the first quarter of 2020. Homes during the last quarter sold for only $2498 MORE than last year. Not amazing but certainly encouraging. This equates to about a 1% INCREASE in sales values.

Days on Market:

Buyers purchased 4 days FASTER when compared to last year.…

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending April 24th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

88

68

$374,765

St Albert

8

68

$419.873

Sherwood Park

10

44

$363,285

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us…

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Kenilworth is a popular community situated on the east side of Edmonton. Many families and first time home buyers settle here. 

We are pleased to present this value priced half duplex for sale. To see all of the details click this link: Value Priced Half Duplex for Sale. 

To see ALL homes for sale in Kenilworth at this moment please click here: Kenilworth Homes for Sale.

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Ambergate Realty Low Commission Offer for Vacant Homes

Normally, marketing a vacant home in metro Edmonton has challenges. They are usually offered empty and the majority of home buyers simply lack the gift of visualization necessary to see beyond the space and see an empty house as a home in their minds.

Staging is sometimes a good idea. More on this later.

However, if you offer your vacant home for sale right now, you will enjoy the following advantages:

  1.  

       We will discount our fee for you

Our most popular full service FLAT fee home selling program is normally $5500. For a limited time, we will discount our fee by $1000. Vacant home selling clients pay ONLY $4500.

  1.     You will get more showings

Due to showing restrictions placed upon buyers and sellers by the…

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending April 17th, 2020.

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

106

63

$334,168

St Albert

12

52

$348,229

Sherwood Park

12

39

$429,513

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us…

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5 Reasons to Engage a REALTOR® When Buying a New Home

When purchasing a new home, it’s very easy to just walk into a show home get excited about what you see and start shopping. Unfortunately, this this approach has a number of pitfalls for you.

The builder’s representative is NOT licensed and is NOT obligated to work in your best interests. The builder’s representative usually operates under one of two objectives:

  1.     To sell you a home with the lowest specification for the highest price they can get you to pay. Or
  2.     To sell you a home with the highest specification and highest price they can get you to pay.

It really depends upon the builder and their culture.

As a consumer your goal is normally the opposite. Most new home…

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During the Covid 19 health crisis its especially important that you watch for the latest trends as our market reacts to the crisis. Each week we will publish a market report for each of the main metro Edmonton markets for your review.

Here is our report for the last 7 days. Week ending April 10th 2020.

 

Community

# Homes Sold

Days on Market

Average Price Paid

Edmonton

91

62

$390,631

St Albert

5

59

$448,880

Sherwood Park

12

55

$413,250

 

For more details and specific information about the communities that interest you, please call the office at 780-760-2014 or email us…

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5 Star Google Review

We are pleased to recommend Ambergate Realty Advisors, and Stuart Neal for a remarkable Real Estate experience. After 50 years in our home, we wanted to downsize to a more relaxed lifestyle. In this very tough buyers market, Stuart helped us get a higher price than we had originally expected for which we are truly grateful. Stuart helped us to remain calm and always tried to help us have a positive outlook. We also appreciate the lower flat rate fee which has to be a factor for all home sellers in the current real estate market.

Facebook Recommendation

After 50 years in our home we decided to downsize & we put our faith and trust with Ambergate. We started working with a Stevi Lashley who helped us find our condo in…

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commission-free-home-selling-first- responders-ambergate-realty

We recognize that Covid 19 is testing our first responders to the limit. We also recognize that many of our first responders will be wanting to sell a home in order to buy a another home during the home moving season of 2020, here in metro Edmonton.

As our way of saying thank you for keeping us healthy and safe, we are offering to sell homes owned by first responders i.e. para medics, doctors, nurses, firefighters and police personnel, free of sales commission.

To apply please contact our broker owner Stuart Neal at 780-760-2014 ext. 3 or email stuart@ambergaterealtyadvisors.ca.

 

This is a limited time offer. *Terms and conditions apply. Contact us for details.

 

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