Current Last Month Last Year $442,206 3.73% 3.73% $236,808 1.48% 3.73% $354,638 2.62% 3.73% $354,638 2.62% 3.73%
59 75 64 00
Detached Condo Duplex/Rowhouse Total
Average price is a starting point to see the trends in the market. AVERAGE PRICE
DAYS ON MARKET
6.4 Months of Inventory
0 1 2 3 4 5 6 7 8 9 10
What does this mean? It’s all about strategy. Call me to find out how I can sell your home in today’s market! FREE Consultation. Call 780.489.2969.
Source: REALTORS® Association of Edmonton. | Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition.
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I’ll find THE HOUSE and you make it YOUR HOME. I hope these articles can help. Whether you’re looking to buy, sell or stay put, give me a call to chat about real estate anytime.
HOME DESIGN PREDICTIONS Home remodeling and design website Houzz is usually one- step ahead when it comes to trends meaning you should expect to see some upcoming changes in kitchen decor. Although no one is arguing the classic white kitchen is on its way out, design professionals have seen a turn toward colourful kitchens. Whether it is a bright yellow island or a full kitchen in dark blue, homeowners are starting to express their bolder side in the room often called the heart of the home. Stainless steel and white porcelain kitchen sinks are becoming things of the past, while warmer, natural materials such as concrete, stone – even copper – are making a splash. This move away from the standard and towards a more personalized space is all part of a desire to try something new and exciting, while still creating a calming, welcoming space.
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THREE HOME DECOR PROBLEMS TECHNOLOGY CAN SOLVE
Having a hard time making your house feel like a home? Whether you’ve just moved in or are looking to redecorate, use these three apps and features to solve common home decor problems. Hutch: Augmented Reality (AR) is the new big thing in decor and design. Hutch allows you to upload a photo of a room, then drop furniture and accessories into the space to ensure they’ll work well and most importantly – that they’ll fit. Wayfair’s Photo Search: Home goods e-commerce company Wayfair recently added a photo search feature to their site. Users can snap a photo of any home decor item, then use that image to find visually similar products in Wayfair’s online catalogue. Havenly: If you don’t even know where to start, download the Havenly app and take their quiz. After finishing, you’ll be shown a picture of a room that matches your design preferences. Five days later, a designer will present you with curated content similar to the room in the picture – all you have to do is click to purchase!
Real Estate Dictionary Land Surveyor: A licensed professional involved in the gathering, storing, processing and delivering of geographic information involved in the determination of property boundaries or assembly and analysis of land related information. Umbrella Mortgage: A special arrangement by which one document encompasses one or more existing mortgages registered on the same property.
Unit Sales and Average Prices Increase for the Spring Market
Edmonton, March 2, 2018: Spring has hit the real estate market in the Edmonton Census Metropolitan Area (CMA), bringing strong unit sales and average price increases. When compared to January 2018, unit sales across all categories increased, with single family home sales increasing 22.97%, condo sales increasing 14.17% and duplex/ rowhouse sales increasing 21.28%. The average price of a single family home was $442,206, which was an increase of 3.14% compared to January 2018 and an increase of 3.73% compared to February 2017. The average price of a condo was $236,808, an increase of 4% month over month and 1.48% year over year. The duplex/rowhouse average price increased to $354,638, up 1.73%
relative to January 2018 and up 2.62% relative to February 2017. “February turned out to be a busy month for REALTORS ® , which was reflected in the increases in sales activity and average prices across all categories of residential properties,” said Darcy Torhjelm, Chair of the REALTORS ® Association of Edmonton. Single family homes took an average of 59 days to sell, condos required 75 average days and duplex/rowhouses needed 64 days to sell. Source: REALTORS ® Association of Edmonton
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PICK ME! PICK ME! Hi there! I’m Maya Norton and I am that person in the back jumping up and down to get your attention. What does that mean? I love my job and go above and beyond for you. Heres the proof: • my listings sell on average in 25 days • my listings sell for 97.8% of their list price on average • I have a 4.9 star rating on Facebook: @DMSConnectCanada