New property listed in Zone 29, Edmonton

I have listed a new property at 3831 26 AVE in Edmonton. See details here

Searching for a great family home? You’ve found it! With 3 bedrooms, 2 bathrooms & updates throughout, this home is move in ready. Recently painted with updated windows, furnace & roof + SOLAR PANELS to reduce your utility bills! The main floor is bright and cheery with a spacious living room, open kitchen & dining area. The 2 bedrooms on the main floor are both large and there is also a full bath. The basement features a big family room, large bedroom & bathroom. With a backyard this large, there’s plenty of space for everyone! There is a 2 tiered deck, fenced garden, RV parking (rear fence entrance) & tons of space for your kids to play. All of this plus an oversized garage and extended driveway long enough to fit a truck! Well maintained, this home is ready to meet its new owners. Welcome HOME!


Edmonton Real Estate Market Update: Week Ending February 20th, 2024

Welcome back to our weekly analysis of the Edmonton real estate market! As we wrap up the week ending February 20th, 2024, let's delve into the latest statistics and trends shaping the local housing landscape.

Unit Sales

Firstly, let's talk about unit sales. This week saw a total of 478 units sold in Edmonton, marking a notable increase of 7% from the previous week. This uptick in sales activity suggests a healthy level of demand within the market, potentially fueled by various factors such as favorable mortgage rates and improved consumer confidence.

New Listings

In terms of new listings, the market also saw an increase. There were 645 new listings added this week, representing a 6% rise compared to the prior week. This influx of new listings indicates a continued flow of housing inventory into the market, providing prospective buyers with a wider selection of properties to choose from.

Average and Median Prices

Turning our attention to pricing, the average price of homes in Edmonton experienced a slight decrease this week. The average price now stands at $401,000, showing a marginal decline of 1% from the previous week. While this dip may seem modest, it could reflect some shifting dynamics in the market, perhaps influenced by factors such as seasonal fluctuations or adjustments in buyer preferences.

Conversely, the median price of homes in Edmonton saw a modest increase. At $398,000, the median price rose by 3% compared to the previous week. This uptick suggests that while the average price may have dipped slightly, there remains underlying strength in certain segments of the market, particularly those catering to mid-range buyers.

Market Insights

Overall, the real estate market in Edmonton continues to display resilience and activity. The increase in both unit sales and new listings indicates ongoing momentum, with buyers and sellers actively participating in transactions. Despite the slight fluctuations in pricing, the market appears to be relatively stable, offering opportunities for both buyers and sellers alike.

As we progress further into the year, it will be interesting to see how various factors such as economic conditions, housing policies, and market dynamics continue to shape the real estate landscape in Edmonton. Whether you're a prospective buyer, seller, or simply an observer of the market, staying informed about these trends can help you make well-informed decisions in the ever-evolving world of real estate.

Stay tuned for next week's update as we track the latest developments in the Edmonton housing market. Until then, if you have any questions or are considering buying or selling a property, don't hesitate to reach out to a qualified real estate professional for personalized assistance.

"The statistics presented in this analysis are sourced from the Real Estate Association of Edmonton, providing valuable insights into the dynamic trends shaping Edmonton's real estate market."


New property listed in Zone 20, Edmonton

I have listed a new property at 16 18315 89 AVE in Edmonton. See details here

Welcome to Belmead! This 3 bed 1 ½ Bath FULLY FINISHED townhome is an END UNIT with a large fully fenced yard. GAS & WATER included in condo fee. Recent updates include all new flooring throughout – warm grey carpet & modern laminate. The open concept main floor has a large great room & a bright, white kitchen with plenty of space for a dining table as well. The main bath also has a ½ bathroom. Upstairs are 3 spacious bedrooms, one with vaulted ceilings & the main bathroom. The basement is fully finished with a spacious family room, a flex space, large storage & laundry rooms. Parking spot right in front of unit plus tons of street parking right next to the home. All appliances & window coverings included + the storage shed. Well managed complex & an excellent location close to schools, amenities, WEM & the Henday. Immediate possession available.


Weekly Real Estate Statistics in Edmonton: February 13th, 2024

As we bid adieu to another week in the dynamic realm of Edmonton's real estate market, it's time to dissect the numbers and glean insights into the trends shaping the local housing landscape. The week ending February 13th, 2024, brought forth a blend of shifts and stability, underscoring the nuanced interplay between supply, demand, and pricing dynamics.

Unit Sales Surge:

First and foremost, let's address the heartbeat of any real estate market: unit sales. In Edmonton, a total of 447 units changed hands during this past week, marking a notable increase from the preceding week. This uptick, while indicative of heightened buyer activity, represents a % increase in sales volume, underscoring a palpable momentum in the market.

New Listings Flourish:

Simultaneously, the influx of new listings continued its upward trajectory, with 611 properties hitting the market. This figure signifies an 11% surge compared to the prior week, signaling a growing willingness among homeowners to capitalize on prevailing market conditions by listing their properties for sale.

Price Dynamics:

Turning our attention to pricing, the average home price in Edmonton witnessed a modest uptick, settling at $404,000. While seemingly incremental, this 1% increase underscores the resilience of property values amidst evolving market dynamics. Conversely, the median price experienced a slight dip, resting at $388,000, marking a 2% decline from the previous week. This variance between average and median prices sheds light on the diverse mix of properties transacting within the market, encompassing both high-end luxury residences and more affordable housing options.

Interpreting the Trends:

What do these statistics signify for prospective buyers, sellers, and industry stakeholders? Firstly, the surge in unit sales coupled with a steady influx of new listings suggests a healthy level of market activity, characterized by robust demand and an expanding inventory. However, prospective buyers should remain vigilant, as heightened competition could potentially translate into quicker absorption rates and limited bargaining power.

For sellers, the incremental uptick in average prices underscores the enduring value proposition of Edmonton's real estate market. Strategic pricing coupled with effective marketing initiatives could facilitate expedited sales and favorable outcomes in the current climate.

Looking Ahead:

As we navigate the weeks ahead, it's imperative to monitor how these trends evolve and whether they reflect broader economic shifts or localized market dynamics. Factors such as interest rates, employment trends, and government policies will undoubtedly influence buyer behavior and shape the trajectory of Edmonton's real estate landscape.

In conclusion, the week ending February 13th, 2024, showcased a vibrant and resilient real estate market in Edmonton, characterized by heightened sales activity, an influx of new listings, and stable pricing dynamics. Whether you're a buyer, seller, or industry observer, staying attuned to these trends will be paramount in making informed decisions in the ever-evolving realm of real estate.

Stay tuned for our next installment as we continue to unravel the intricacies of Edmonton's dynamic housing market.

"The statistics presented in this analysis are sourced from the Real Estate Association of Edmonton, providing valuable insights into the dynamic trends shaping Edmonton's real estate market."


New property listed in Zone 56, Edmonton

I have listed a new property at 3704 KIDD CRES in Edmonton. See details here

FULLY FINISHED & UPGRADED IN KESWICK w/ over 3,450sqft of living space! This is the PERFECT FAMILY HOME, has a large PIE LOT & only 1 neighbour. The 2 storey foyer greets you with a STUNNING open riser staircase w/ wrought iron railing & both a main floor den & flex space. Gleaming hardwood flows into the large great room w/ 9’ ceilings, gas fireplace + plenty of natural light. The GOURMET CHEF’S kitchen has espresso maple cabinets, a gas stove, undercabinet lighting & a SPACIOUS dining room. Upstairs, the primary suite has plenty of space for a king sized bed, WIC & full ensuite w/ a glass & tiled shower + a LUXURIOUS free standing soaker tub. You’ll also find the LARGE vaulted bonus room, 2 spacious bedrooms, laundry room w/ sink & main bath to complete the 2nd level. The basement is FULLY DEVELOPED w/ 4th bedroom, full bath, den & dual living rooms (easily add a 5th or 6th bedroom). Be sure to take a moment to enjoy the sounds of the fountain from the back stone patio, in the HUGE pie lot. Welcome HOME


New property listed in Rural Leduc County, Rural Leduc County

I have listed a new property at 3036 58 AVE in Rural Leduc County. See details here

RARE IMMACULATE BUNGALOW w/ basement suite! Welcome to Royal Oaks, a family centered community with parks, lakes & walking trails galore. This home is SIMPLY GORGEOUS with 10’ main floor ceilings, a STUNNING gourmet kitchen & a full wall of rear windows (plant lovers rejoice!). The open concept great room & dining room open directly onto the covered rear deck w/ roughed in speakers. Looking for a retreat? The primary suite is LUXURIOUS w/ a soaker tub, glass shower, large walk-in closet & a makeup/desk area. The main floor also has a 2nd large bedroom, full bath & den. The basement SEPARATE ENTRANCE is through the garage & leads you to a fully upgraded SUITE with a full kitchen, separate laundry, HUGE great room & two large bedrooms with 2 full bathrooms. Basement is also on a separate furnace. This home is well maintained & move in ready. The backyard is fully fenced and landscaped, completed with a garden & fruit trees. 200 amp service. Flexible possession.

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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.