Forest Lawn St. Albert Real Estate Statistics – February 2015

Click here for all Forest Lawn homes for sale in St. Albert. The average list price of a Forest Lawn home in February was $339,000, and the average sold price was $333,500. On average, it takes 18 days to sell a Forest Lawn home. In February, 1 home was sold in Forest Lawn. The highest year-to-date sold price of a Forest Lawn home is $347,000. Currently, there are 5 homes and 2 condominiums for sale in Forest Lawn.

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Erin Ridge North St. Albert Real Estate Statistics – February 2015

Click here for all Erin Ridge North homes for sale in St. Albert. The highest year-to-date sold price of an Erin Ridge North home is $744,000. On average, it takes 19 days to sell an Erin Ridge North home. There was 1 home sold in Erin Ridge in the month of February. The average list price of an Erin Ridge North home in February was $759,900, and the average sold price was $744,000. There are currently 4 homes and 2 condominiums for sale in Erin Ridge North.

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Erin Ridge St. Albert Real Estate Statistics – February 2015

Click here for all Erin Ridge homes for sale in St. Albert. Currently, there are 41 homes and 4 condominiums for sale in Erin Ridge. A total of 3 homes were sold in Erin Ridge in the month of February. On average, it takes 24 days to sell an Erin Ridge home. The average list price of an Erin Ridge home is $465,600, and the average sold price is $456,500. The highest year-to-date sold price of an Erin Ridge home is $750,000.

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Deer Ridge St. Albert Real Estate Statistics – February 2015

Click here for all Deer Ridge homes for sale in St. Albert. A total of 4 homes were sold in Deer Ridge in the month of February. On average, it takes 15 days to sell a Deer Ridge home. The average list price of a Deer Ridge home in February was $424,300, and the average sold price was $420,375. The highest year-to-date sold price of a Deer Ridge home is $475,000. There are currently 16 homes and 1 condominium for sale in Deer Ridge.

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Braeside St. Albert Real Estate Statistics – February 2015

Click here for all Braeside homes for sale in St. Albert. The highest year-to-date sold price of a Braeside home is $459,000. Currently, there are 6 homes and 2 condominiums for sale in Braeside. On average, it takes 73 days to sell a home in Braeside. A total of 3 homes were sold in Braeside in the month of February. The average list price of a Braeside home in February 429,600, and the average sold price was $423,833.

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Akinsdale St. Albert Real Estate Statistics – February 2015

Click here for all Akinsdale homes for sale in St. Albert. There was 1 home sold in Akinsdale in the month of February. On average, it took 19 days to sell a home in Akinsdale in February. The average list price of an Akinsdale home in February was $375,000, and the average sold price was $371,500. Currently, there are 6 homes and 2 condominiums for sale in Akinsdale. The highest year-to-date sold price of an Akinsdale home was $410,000.

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Source: The official blog of the REALTORS® Association of Edmonton

“Residential listings are up almost 30 percent compared to January of last year. 2,316 new listings came on the MLS® System for the Edmonton Census Metropolitan Area (CMA) in January compared to only 932 new listings in December. Sales for January were 666 (not adjusted) – down 13.5 percent month over month and down 25.9 percent from last year. These two factors resulted in a 35 percent inventory growth from 3,059 to 4,132 last month. Inventory is up almost 17 percent from the same time last year.

“We ended 2014 with low inventory. While this is not unusual for the winter, it can make it difficult for buyers to find the right home. The influx of properties we have seen on the market in January will be a relief for buyers – allowing them more choice in their price range and possibly more time to make their selection.” REALTORS® Association of Edmonton President Geneva Tetreault explains, “Buyers in the popular $400,000 price range often struggled in 2014 to find their ideal property or had to move quickly before it sold. This increase in inventory will be a great benefit to them.”

Prices still remain strong in the Edmonton CMA market. The all residential price went up almost 1 percent from last month to $362,394 (up 3.75 percent from January 2014). Single family houses averaged $427,178 down half a percent from December, but up over 3 percent from the previous year. Condo prices stayed stable at $247,116 – up 5.5 percent from January 2014. We are continuing to see last year’s trend of high priced properties elevating the average prices. Last month, nine of the 666 properties sold for over $900,000.

The average days-on-market last month was 58, up from 55 in December and down from 60 in January 2014.

“We are likely seeing the effects of oil prices and a feeling of economic cautiousness amongst some buyers. Clients are looking to REALTORS® for advice and guidance to navigate their own individual situations. We expect more of an uptake in the market as spring approaches and more people start to look for homes.” Tetreault revealed. “Low interest rates will continue to drive the housing market.”

-30-

1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

3 Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period sales figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. The RAE trading area includes communities beyond the CMA (Census Metropolitan Area) and therefore average and median prices may include sold properties outside the CMA.”

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Woodlands St. Albert Real Estate Statistics – January 2015

Click here for all Woodlands homes for sale in St. Albert. A total of 2 homes were sold in Woodlands in January. On average, it takes 30 days to sell a Woodlands home. The average list price for a Woodlands home in January was $429,450, and the average sold price was $440, 500. The highest year-to-date sold price of a Woodlands home was $461,000. There are currently 2 homes and 1 condominium for sale in Woodlands.

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Sturgeon Heights St. Albert Real Estate Statistics – January 2015

Click here for all Sturgeon Heights homes for sale in St. Albert. There were no homes sold in Sturgeon Heights in January. There are currently 5 homes for sale in Sturgeon Heights.

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Pineview St. Albert Real Estate Statistics – January 2015

Click here for all Pineview homes for sale in St. Albert. There are currently 4 homes for sale in Pineview. A total of 2 homes were sold in Pineview in January. On average, it takes 46 days to sell a Pineview home. The highest year-to-date sold price for a Pineview home is $514,000. The average list price of a Pineview home in January was $476,950, and the average sold price was $470,750.

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Oakmont St. Albert Real Estate Statistics – January 2015

Click here for all Oakmont homes for sale in St. Albert. On average, it takes 36 days to sell an Oakmont home. A total of 3 Oakmont homes were sold in January. The average list price of an Oakmont home in January was $483,267, and the average sold price was $477,167. The highest year-to-date sold price of an Oakmont home was $547,500. There are currently 10 homes for sale in Oakmont.

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North Ridge St. Albert Real Estate Statistics – January 2015

Click here for all North Ridge homes for sale in St. Albert. A total of 3 homes were sold in North Ridge in January. On average, it takes 34 days to sell a North Ridge home. The highest year-to-date sold price of a North Ridge home was $685,000. The average list price of a North Ridge home for January was $544,600, and the average sold price was $530,67. There are currently 21 homes and 2 condominiums for sale in North Ridge.

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Mission Park St. Albert Real Estate Statistics – January 2015

Click here for all Mission Park homes for sale in St. Albert. No homes were sold in Mission Park in January. There are currently 5 homes and 3 condominiums for sale in Mission Park.

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Lacombe Park St. Albert Real Estate Statistics – January 2015

Click here for all Lacombe Park homes for sale in St. Albert. There are currently 15 homes and 7 condominiums for sale in Lacombe Park. A total of 5 homes were sold in Lacombe Park in January. On average, it takes 18 days to sell a Lacombe Park home. In January, the average list price of a Lacombe Park home was $404,925, and the average sold price was $396,125. The highest year-to-date sold price of a Lacombe Park home was $766,500.

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Kingswood St. Albert Real Estate Statistics – January 2015

Click here for all Kingswood homes for sale in St. Albert. There was 1 home sold in Kingswood in the month of January. The highest year-to-date sold price of a Kingswood home was $766,500. On average, it takes 92 days to sell a home in Kingswood. The average list price of a Kingswood home in January was $799,900, and the average sold price was $766,500. There are currently 18 homes for sale in Kingswood.

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Inglewood Park St. Albert Real Estate Statistics – January 2015

Click here for all Inglewood Park homes for sale in St. Albert. There were no homes sold in Inglewood Park in January. There are currently 4 condominiums for sale in Inglewood Park.

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Heritage Lakes St. Albert Real Estate Statistics – January 2015

Click here for all Heritage Lakes homes for sale in St. Albert. A total of 3 Heritage Lakes homes were sold in January. On average, it takes 47 days for a Heritage Lakes home to sell. The highest year-to-date sold price of a Heritage Lakes home is $620,000. The average list price of a Heritage Lakes home in January was $501,500, and the average sold price was $484,333. There are currently 10 homes and 1 condominium for sale in Heritage Lakes.

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Grandin St. Albert Real Estate Statistics – January 2015

Click here for all Grandin homes for sale in St. Albert. The average list price of a Grandin home in January was $340,600, and the average sold price was $341,150. On average, it takes 33 days to sell a Grandin home. There are currently 15 homes and 11 condominiums for sale in Grandin. There were a total of 4 homes sold in Grandin in January. The highest year-to-date selling price of a Grandin home is $438,000.

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Forest Lawn St. Albert Real Estate Statistics – January 2015

Click here for all Forest Lawn homes for sale in St. Albert. There are currently 2 homes and 1 condominium for sale in Forest Lawn. The highest year-to-date selling price of a Forest Lawn home is $347,000. Only 1 home sold in Forest Lawn in the month of January. On average, it takes 21 days to sell a Forest Lawn home. The average list price for a Forest Lawn home in January was $364,900, and the average sold price was $347,000.

Ready to buy in Forest Lawn? – CLICK HERE!!!

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Erin Ridge North St. Albert Real Estate Statistics – January 2015

Click here for all Erin Ridge North homes for sale in St. Albert. No homes were sold in Erin Ridge North in the month of January. There are currently 4 homes and 3 condominiums for sale in Erin Ridge North.

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