


|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 780-910-5307.
|

Find Out About the Latest Homes for Sale First! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
|
Compare
three mortgages at one time. Download TripleCalc now. It's
free.
|
Lynne Gullion
is one of The Top Selling Real Estate Experts Find Out More > |
|
|

AFFILIATES! BEST OF THE BEST! the LYNNE GULLION real estate TEAM! recommends the Best of the Best to assist you through the Buying and Selling process! Find Out More > View All Affiliates >
|
|
Edmonton Realtor Association Report FEBRUARY 2010 provided by LYNNE GULLION Real Estate DREAM TEAM! TOP 5% EDMONTON AND REGION 2008 SELLING EDMONTON ONE DREAM HOME @ A TIME!  EDMONTON REAL ESTATE ASSOCIATION REPORT-FEBRUARY 2010 EDMONTON March 2, 2010: Stability in Edmonton Housing Market continues through February EDMONTON, March 2, 2010: Prices for residential property sold through the Edmonton Multiple Listing Service® changed marginally through February. Sales activity, however, was up dramatically when compared to last month or the same month last year. The average* single family dwelling price was $369,573 for February up just 1.4% from January; 5.6% from a year ago. Condominium prices dipped 3.8% in the month from $240,686 to $231,530. Duplex and rowhouse prices were up 3.3% to $315,390. “While prices remained stable through February the increase in sales activity indicates that there is a demand for housing in the Edmonton area,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Listings also increased in February leading to a bigger month end inventory of homes and relaxing concerns that inventory may be too low to handle the spring buying season.” In February, housing sales were up 33.9% compared to January with 1,184 residential sales. Total residential sales were also up 7.6% from last February. There were 2,505 residential listings added during the month resulting in a 47% sales-to-listing ratio and a month-end inventory of 5,449 homes. The average days-on-market was down 10 to just 47 days. Total sales through the Edmonton MLS® System (including residential, commercial and rural properties) in February were valued at $416 million (up 10.5% from last year). “The upcoming changes to mortgage qualification rules and impending mortgage rate increases may prompt some buyers to enter the market earlier and cause some additional slowdown in the third quarter,” said Westergard. “As usual, REALTORS® will be challenged to be a voice of reason in the real estate transaction and work to meet the needs of their eager clients without putting their financial health at risk.” A new and improved MLS® System statistics package is available to consumers at ereb.com with year-to-year comparisons and expanded reporting of the condominium market and new sub-market reports. The public will also find median prices in addition to the typical average price statistics. Highlights of MLS® activity February 2010 activity Record for the month* % change from February 2009 Total MLS® System sales this month 1,312 10.30% Value of total MLS® System sales - month $417 million 10.50% Value of total MLS® System sales - year $750 million 14.10% Residential¹ sales this month 1,184 7.60% Residential average price $316,765 2.00% SFD² average selling price - month $369,573 5.60% SFD median³ selling price $355,000 5.90% Condo average selling price $231,530 0.80% ¹. Residential includes SFD, condos and duplex/row houses. ². Single Family Dwelling ³. The middle figure in a list of all sales prices the LYNNE GULLION real estate DREAM TEAM!
SELLING EDMONTON ONE DREAM HOME @ A TIME! CALL LYNNE GULLION & TEAM NOW! 780-910-5307  
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|