Upload
curtis-wendel
View
147
Download
1
Tags:
Embed Size (px)
Citation preview
EDMONTONREAL ESTATEMARKET REPORTFebruary 2014
Bala
nced
Venture Realty
Curtis WendelPh: 780-257-2878Email: [email protected]: www.curtiswendel.com
Market Status
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
+6.0+3.0
+3.5 +5.5
+4.0 +5.0+4.5
6.2
Bala
nced
Buyer’s
Buyer’smonthsof inventory
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Market Status (13 months history)No. of months of inventory
1
2
3
4
Jan.2014
Feb.2014
BUYE
R’S
MAR
KET
NEUT
RAL
MAR
KET
SELL
ER’S
MAR
KET
3.93
3.19
Mar.2014
2.62
Apr.2014
2.46
May2014
2.58
Jun.2014
2.68
Jul.2014
2.81
Aug.2014
3.15 2.89 2.98
Set.2014
Oct.2014
3.15
Nov.2014
3.97
Dec.2014
5
6 6.20
Jan.2015
Average Prices
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Compared to LAST MONTH,homes areselling for
Month to Month Year to Year
Dec2014
$358,045
Jan2015
$362,394
Jan2014
$349,284
Jan2015
City of Edmonton average SOLD price
Compared to LAST YEAR,homes areselling for
more+3.8%Edmonton
more+1.2%
$362,394
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Bala
nced
Month to Month Year to Year
Dec2014
$429,713
Jan2015
$427,178 $414,040
Jan2014
Jan2015
$427,178
Single family homes average SOLD price
Compared to LAST MONTH,single family homes areselling for
Compared to LAST YEAR,single family homes areselling for
more+3.2%
Single Familyless
–0.6%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Bala
nced
Month to Month Year to Year
Dec2014
$245,161
Jan2015
$247,116 $247,116
Jan2014
$234,143
Jan2015
Apartment condo average SOLD price
Compared to LAST MONTH,apartment condos areselling for
more
Compared to LAST YEAR,apartment condos areselling for
more+5.5%+0.8%
lessCondos
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
$336,154
Month to Month Year to Year
Dec2014
$355,311
Jan2015
$388,939 $388,939
Jan2014
Jan2015
Townhouse average SOLD price
Compared to LAST MONTH,townhouses areselling for
Compared to LAST YEAR,townhouses areselling for
moreTownhouses+15.7%
more
+9.5%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Prices in $ and Price movement in percentage
200
0
100
300
400
500
Years - Residential Average Price
14 years average of price increase for city of Edmonton is 8.54%2004
+8.50%
179,6
10
2005
+7.98%
193.9
34
2006
+29.38%
250,9
15
2007
+35.04%33
8,826
2008
–1.75%
332,9
05
2009
–3.75%
320,4
16
2010
+3.76%
332,4
78
2011
–1.41%
327,7
952012
+3.48%
339,1
972013
+2.89%
349.0
13
2014
+5.19%
367,1
23
YTD
2015
-1.29%
362,3
94
Inventory
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
23161788
Month to Month Year to Year
Dec2014
Jan2015
2316931
Jan2014
Jan2015
NEW listings
Compared to LAST MONTH,there are
morenew listings
+148.8%
Compared to LAST YEAR,there are
morenew listings
+29.5%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
0
4,000
3,000
2,000
1,000
6,000
Jan.2014
Active listings Sold listings
5,000
899
3,537
Feb.2014
1,224
3,906
Listing inventory & SOLD (13 months history)
Mar.2014
1,687
4,413
Apr.2014
1,996
4,910
May2014
2,187
5,634
Jun.2014
2,132
5,704
Jul.2014
1,994
5,609
Aug.2014
1,695
5,334
Set.2014
1,664
4,812
Oct.2014
1,503
4,473
Nov.2014
1,239
3,906
Dec.2014
806
3,059
Jan.2015
666
4,132
Transactions Data
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Dec2014
26.35%
806 SOLDout of
3,059 listed
Jan2015
Jan2014
25.42%
666 SOLDout of
4,132 listed
899 SOLDout of
3,537 listed
Jan2015
16.12% 16.12%
666 SOLDout of
4,132 listed
Odds of selling(Percentage of Homes Sold VS Listings)
Compared to LAST MONTH,the odds of selling decreasedby
Compared to LAST YEAR,the odds of selling decreasedby
-38.83% -36.33%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
DOM58
DOM60
DOM58
DOM55
Average Days on Market
Jan 2014
Jan 2015
Dec 2014
Jan 2014
Compared to LAST MONTH,homes are selling
slower
Compared to LAST YEAR,homes are selling
faster-5.2% +3.4%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
1 Mil-1.5 Mil
1.5 Mil-2 Mil
2 Mil -2.5 Mil
2.5 Mil -3 Mil
3 Mil -3.5 Mil
2,000
0
1,000
3,000
5,000
4,000
6,000
Over3.5 Mil
600,000 -699,999
700,000 -799,999
800,000 -899,999
900,000 -999,999
400,000 -499,999
500,000 -599,999
300,000 -399,999
Less than$200,000
200,000 -299,999
91
13.66%22.07%
147
16.22%
108
8.56%
573.90%
261.35%
90.30%
20.60%
4 40.00%
00.15%
10.00%
00.00%
00.00%
0
32.58%
217
Numbers of Homes SOLD by Price Range
Total SOLDhomes YTD
666
0.60%