I have listed a new property at 13 735 85 ST in Edmonton.
Exceptional in Ellerslie! This 1324 sq. ft. half duplex bareland condo in Ellerslie is in fantastic move in condition! This is the Qualico Chelsea model home and it features an open concept main floor with 9 ft ceilings, rich dark cabinets, custom Bali wood blinds, plush carpeting, 2 pc bath, access out to a nice sized deck and shared yard space with direct access to the fully finished double garage. Double garage has been finished with increased lighting, Custom Husky cabinetry and lofted storage areas. Upstairs has 3 ample bedrooms, laundry room, linen closet and 3 piece bath with the master bedroom featuring a full 4 pace bath and a great walk in closet. The basement is also professionally finished and features a large rec room, 3 pc bath and large storage area. Located on its own quiet street in Ellerslie it's close to schools and restaurants. Low condo fees which include Snow Removal and Yard Maintenance with a solidified reserve fund already in place. Don't miss out on this unique property.
Read full post

Calgary, AB – Driven by year-over-year improvements in almost all regions, October sales activity rose to 4,535 units. While this reflects an eight per cent growth compared to last year, October 2018 sales were some of the weakest levels recorded since 2014. Overall year-to-date sales remain comparable to last year and over ten per cent below long-term averages.

“Given the current economic climate it is not a surprise that resale housing demand remains slow,” says Ann-Marie Lurie, AREA Chief Economist. “However, there have been some reductions in inventory as the amount of product coming onto the market is also slowing, helping push the market toward more balanced conditions. If these trends continue it should eventually support more stability in housing prices.”

Year-to-date, there has been an eight per cent decline in new listings, and an average four per cent reduction in inventory levels. The months of supply remains elevated based on historical standards placing downward pressure on prices.

There has also been a shift in some regional housing markets where the sales growth has been limited to the lower priced product in the market. This is consistent with our expectations, given the shift in the employment market and wages throughout most regions of the province.


Regional Breakdown

Calgary Region
For the fourth consecutive month, sales activity in the Calgary area improved over previous year’s levels and was enough to push year-to-date sales nearly two per cent higher than last year’s levels. However, it is also important to note that last year activity was one of the weakest recorded in nearly two decades.

There has also been a shift in where improvements are coming from. Improvements measured in terms of reductions in oversupply have been limited to the under $500,000 market, while higher priced product continues to struggle with slowing sales and rising supply. The general oversupply in the market combined with the shift to lower priced product is weighing on prices which remain well below last year’s levels.

Edmonton Region
Driven by improvements in the lower price ranges, October sales activity improved by over 10 per cent compared to last year. While the improvement in sales has helped contribute to the reduction in inventory levels, overall sales for the year remain comparable to last year and are still below what is considered the norm for the city.

At the same time, new listings continue to ease. The rise in sales and reduction in new listings has helped support a reduction in inventory levels and help shift the market toward more balanced conditions. However, the market continues to favour the buyer, and this is still placing some downward pressure on prices.

Central Alberta
For the first time all year, sales activity improved over the previous year thanks to gains in the lower price ranges. However, October’s improving sales were not enough to offset earlier losses as year-to-date sales activity have eased by eight per cent.

Year-to-date sales declines were also met with a pullback in new listings. This has helped reduce inventory levels and the months of supply. Nonetheless, the months of supply remains above 11 months, ensuring the market continues to favour the buyer. The persistent buyer market conditions are weighing on prices which have eased compared to last year.

Fort McMurray
With no change in the economic climate in the province, it is not a surprise that there is no significant change in the housing market in an area that reflects the health of the oil sands market.

While conditions are not as bad as the 2015-2018 period, slow sales combined with rising new listings has it made it difficult to see any substantial changes in inventory levels or prevent further declines in prices. Year-to-date prices have eased by five per cent, making the total downward adjustment in prices since 2014 amount to nearly 40 per cent.

Grande Prairie
Inventories continue to remain near historical highs, as monthly sales were not high enough to offset the number of new listings still coming onto the market. While sales have eased so far this year, they have generally remained in line with long term averages for the area.

Elevated inventories compared to sales pushed the months of supply up to over eight months. With conditions favouring the buyer, prices have remained relatively flat compared to last year. Sales eased across each price range except for homes priced between $400,000 and $499,999.

Lethbridge
Further improvements in sales this month pushed year-to-date sales to 2,187 units, nearly two per cent higher than last year. At the same time new listings also rose, keeping inventories elevated compared to last year. However, given the sales activity for the second month in a row, the months of supply has eased compared to the previous year and sits below longer-term trends for this time of year.

While earlier in the year this market was demonstrating some signs of buyer’s conditions, as of late, conditions have improved into more balanced territory and prices continue to improve over last year’s levels. The recent rise in prices could also be related to some shifts in distribution

Medicine Hat
Sales activity in the region have remained relatively stable compared to last year. However, further gains in new listings have caused some gains in inventory levels and slightly higher levels of months of inventory.

Despite some early signs of oversupply, year-to-date prices have remained one per cent higher than last year’s levels. This could also be related to the slight increase in sales for product priced above $300,000.

Alberta West
Year-to-date sales activity in the region has eased due to a pullback in homes priced below $400,000. Meanwhile, sales activity has improved for homes priced over $500,000. This is likely a reflection of the diversity throughout the region with some areas facing economic challenges more than others.

Regionwide inventories remained comparable to the previous year. However, prices have recorded gains of over six per cent. This is likely a reflection of the rise in activity for the higher priced product likely located around the Canmore area versus the Hinton area.

Lloydminster
Year-to-date sales activity rose slightly above last year’s levels but remain below historical norms. At the same time, new listings continue to ease, helping inventories generally trend down this year. However, the persistent oversupply has continued to weigh on prices which have eased by around six per cent so far this year.

South Central Alberta
Trends in the area remain consistent with last month. Further improvements in sales were met with a decline in new listings resulting in easing inventories. However, like last month the market continues to favour the buyer and prices are edging down.

Read full post

I have listed a new property at 16125 131A ST in Edmonton.
Super cute n clean Oxford half duplex in a cul-de-sac location! This 1104 sq. ft. home features an open main floor plan with a u shaped kitchen complete with tile backsplash, ceramic tile, newer vinyl plank flooring, corner gas fireplace and cozy dining room nook. Main floor also has a 2 pce bathroom and access to the good sized single attached garage. Upstairs has 3 good sized bedrooms and a full 4 pce bathroom with the master featuring a huge walk in closet. The backyard is both comfortable and functional with a composite maintenance free 2 tier deck with glass railings and a nice sized shed that still leaves green space for kids or pets. Close to shopping and schools with a quick out to the Henday make this a perfect starter home.
Read full post

I have listed a new property at 277 Cornwall RD in Sherwood Park.
LOCATION, LOCATION, LOCATION, large, beautifully landscaped, pie shaped lot in a cul de sac, backing on walking trail and close to lake and park area. 2095 sq ft 2 storey with fully developed basement, NEW hi eff furnace, NEW hot water tank, NEW 50 year shingles, NEW appliances,, main floor features large open concept kitchen with large center island with Granite counters, Cherrywood cabinets, maple hardwood floors. Walk thru pantry! Family room with rundle stone FP.Two sets of patio doors to glass railed, duradeck, covered deck. Upper level includes 3 bedrooms. Large MBR with 4 pc ensuite, walk in closet, and unique walk thru to laundry room. Lower level with rec room wired for home theatre, 4TH bedroom and 4pc bath with htd floors. 22 x 24 Htd garage, Central vac. DON'T miss this amazing home.
Read full post

I have listed a new property at 13 735 85 ST in Edmonton.
Exceptional in Ellerslie! This 1324 sq. ft. half duplex bareland condo in Ellerslie is in fantastic move in condition! This is the Qualico Chelsea model home and it features an open concept main floor with 9 ft celings, rich dark cabinets, plush carpeting, 2 pc bath, access out to a nice sized deck and direct access to the fully finished double garage. Upstairs has 3 ample bedrooms with the master bedroom featuring a full 4 pace bath and a great walk in closet. The basement is also fully finished and features a large rec room and a 3 pc bath. Located on its own quiet street in Ellerslie it’s close to schools and restaurants. Don’t miss out on this unique property.
Read full post

I have listed a new property at 16125 131A ST in Edmonton.
Super cute n clean Oxford half duplex in a cul-de-sac location! This 1104 sq. ft. home features an open main floor plan with a u shaped kitchen complete with tile backsplash, ceramic tile, newer vinyl plank flooring, corner gas fireplace and cozy dining room nook. Main floor also has a 2 pce bathroom and access to the good sized single attached garage. Upstairs has 3 good sized bedrooms and a full 4 pce bathroom with the master featuring a huge walk in closet. The backyard is both comfortable and functional with a composite maintenance free 2 tier deck with glass railings and a nice sized shed that still leaves green space for kids or pets. Close to shopping and schools with a quick out to the Henday make this a perfect starter home.
Read full post

I have listed a new property at 6916 19A AVE in Edmonton.
Rare find! Spacious floor plan in this 1338 sq. ft. 2 storey half duplex with double garage in Summerside backing on a huge green space. This one is a beauty : main floor features real hardwood flooring, dark cabinets with granite counter tops, tile backsplash in the spacious kitchen with adjoining dining area and family room. Main floor also has laundry in the mud room out to the double attached garage. The upstairs features a cozy bonus room / office area. The master bedroom is a good size and also has a full 4 pce ensuite and walk in closet. The other 2 bedrooms are a comfortable size - more than enough for kids rooms. The crown jewel of this home though is the superb location in Summerside. Imagine sitting in the included hot tub feeling the cool summer breeze as you stare out at a sea of lush green grass. This home also comes with stainless steel appliances, a built in vac system with all attachments, keyless entry system for the garage as well as a hot tub with 4k recently spent fixing it up.
Read full post

I have listed a new property at 13841 24 ST NW in Edmonton.
GREAT location, close to all amenities, two storey, END UNIT. 3 BEDROOMS UP. Finished basement with rec room. NEWER hot water tank. NEWER windows. 1/ 1/2 bath. At this price, great starter home! Or Reno! Please note, property sold " As is , where is at time of possession". No warranties or representations.
Read full post

I have listed a new property at 6708 106 ST in Edmonton.
AMAZING in Allendale! Meticulously kept by original owners and nestled in the vibrant community of Allendale this 1108 sq ft raised bungalow is just waiting for the perfect buyer who appreciates a true character home. This home is very unique with 2 bedrooms up, large kitchen, large family room and a dining room with built in china cabinet. Because it is raised the basement has huge windows which works well with the 2 bedroom in law suite complete with full kitchen, family room and separate entrance - perfect for extended family or older children. The back yard is a low maintenance dream with a small patch of grass, beautiful flower beds and a private patio. The garage is a large double detached with room for a small work or shop area. This home has been well cared for and upgrades include : newer WINDOWS, newer furnaces (2), newer hot water tank, newer roof on garage, newer washer and dryer, newer lino in kitchen and bathrooms were reno'd in last few years. Don't miss your chance to own in Allendale!
Read full post

I have listed a new property at 14208 114a ST NW in Edmonton.
Beautifully UPGRADED and well kept 1715 sq ft, 4 bedroom home in a quiet neighborhood with pride of ownership! Shows amazing! NEWER hardwood floors, NEWER upgraded kitchen! MAIN FLOOR LAUNDRY, Family room with NEW vinyl plank floors, fireplace and patio doors to deck and great yard. 4th bedroom on third level, with adjacent 2pc bath. NEW bathrooms! Fresh paint throughout! Lower level features rec room and roughed in plumbing for summer kitchen, HIGH EFFICIENCY furnace, crawl space with ample storage. Shingles new in 2012. 24 x 24 double garage with RV parking! Close to parks and schools, don't miss this amazing family home!
Read full post

I have listed a new property at 9 1904 MILL_WOODS RD in Edmonton.
Incredible VALUE here! This 1288 sq. ft. BUNGALOW style townhouse with a double ATTACHED garage has everything you need and more! Main floor features a bright family room with a bay window as well as a more formal dining area next to the kitchen. The kitchen is a nice size with another nook for eating and leads out to a SUNROOM which adds a whole lot more living space. Main floor also includes the master bedroom with a 3 pce ensuite, nice sized second bedroom and main floor LAUNDRY. The basement is fully finished and has a very nice rec room with included POOL TABLE and tv area. The basement also features a bedroom and craft / hobby room as well as loads of storage in the mechanical room. This home has been meticulously maintained and has a newer furnace, central a/c, newer sump pump, newer hot water tank, newer toilet and sink in ensuite, new garburator and water filter system in kitchen.
Read full post

I have listed a new property at 182, 22169 Township Road 530 in Rural Strathcona County.
Picture perfect country setting for this 1239 sq. ft. hillside bungalow. Main floor has a large family room with a charming wood burning fireplace, newer laminate flooring and lots of windows for natural light. Main floor features 3 bedrooms with two full bathrooms - one of them a full 4 pce ensuite off the master. The kitchen is bright and clean with a private little second deck for sitting or for the BBQ - perfect for entertaining. The basement is above ground and just needs a few finishing touches. The hard work is done and it just needs flooring and ceiling to be completed. Basement has 2 bedrooms and a 2 pce bathroom with a spot to add a shower quite easily. The setting is picturesque with 4.86 acres at your disposal. This house is surrounded by trees which are both beautiful and create a private setting. Only minutes to both Sherwood Park and Ardrossan - don't miss this one!
Read full post

I have listed a new property at 12 Garfield CRES in Sherwood Park.
PRICE REDUCED! SPACIOUS, Classic Hillside, FOUR bedroom Bungalow, 1242 Sq Ft. LARGE family kitchen, Bright living room with fireplace, large family kitchen, Fully finished Basement, with 1 bedroom, rec room and wood stove. 3PC bath. LARGE yard, concrete patio, with gas light and natural gas BBQ hookup. NEW driveway, NEW sidewalks., 20 X 22 double attached garage. QUIET crescent location. RMS measure complete, New RPR is completed. Possession available June 3!
Read full post

I have listed a new property at 16 53111 RGE RD 21 in Rural Parkland County.
Attention Animal Lovers! This one of a kind of acreage is both modern and functional. Beautifully set up for horses, goats and dogs you won't want to miss this house set among the rolling hills and trees of Crystal Meadows subdivision. With a little more than 1300 sq. ft. this cozy 2 bedroom home has been heavily upgraded including : NEW perimeter fencing, newer roof, NEW windows, newer kitchen, with soft close doors, new paint, laminate flooring, hot water tank, custom blinds and small horse barn. There isn't much left to do here except move in and enjoy!!
Read full post

I have listed a new property at 10 Catalina DR in Sherwood Park.
STUNNING former show home with view of lake. Gorgeous FIVE bedroom Bungalow, 1479 sq ft with fully finished basement. Multi level deck and amazing landscaping. Excellent design with lots of windows. Large elegant dining room, Main floor family room with rich wood built in book case and Fireplace. MAIN FLOOR LAUNDRY, Lower level development is outstanding, including wet bar area, large rec room with gas fireplace, 2 bedrooms and 3pc bath. lots of storage. Irrigation system, double attached insulated garage. Beautiful location, close to all amenities. Early possession available!
Read full post

I have listed a new property at 12 Garfield CRES in Sherwood Park.
SPACIOUS, Classic Hillside, FIVE bedroom Bungalow, 1242 Sq Ft. LARGE family kitchen, Bright living room with fireplace, large family kitchen, Fully finished Basement, with 2 bedrooms, rec room and wood stove. 3PC bath. LARGE yard, concrete patio, with gas light and natural gas BBQ hookup. NEW driveway, NEW sidewalks.,double attached garage. QUIET crescent location
Read full post

I have listed a new property at 203 237 YOUVILLE DR E in Edmonton.
Cozy and clean best describe this 2 bedroom + den unit in the beautiful 18+ complex of Sienna Point. Features a bright open kitchen with lots of cupboard space and separate eating area which leads into the family room featuring a corner gas fireplace and nice sized balcony. Master bedroom is huge and has a large 4 pce ensuite and walk in closet. This unit also has the benefit of insuite laundry and heated underground parking complete with a wash bay. The complex is well managed and also features some amentities including : freestanding clubhouse with games and some exercise equipment, social room on main floor and guest suite. Close to the hospital and shopping - what more could you ask for?
Read full post

I have listed a new property at 223 8802 Southfort DR in Fort Saskatchewan.
CHECK THIS PRICE! THE GARDENS AT SOUTHFORT, 512 sq ft one bedroom apartment in a great location. Awesome features and amenities, INDEPENDENT living with some support, a mandatory service plan that INCLUDES one meal per day, life call, cable, twice per month light cleaning and laundry service! Open floor plan, kitchen, living room. Balcony, one bedroom, 4pc bath with stand up shower. AIR CONDITIONING! Complex has large dining area, beauty salon, games room, theatre room, fitness room, reading areas with fireplaces. Private function room available, Condo fee 796.11 INCLUDES heat m, water/sewer, cable, non pay laundry suite. Great care free living. Parking stall included.
Read full post

I have listed a new property at 16 53111 RGE RD 21 in Rural Parkland County.
Country meets Contemporary! ONE OF A KIND set up with a beautifully updated home that is both modern and functional. Just a short drive from Stony Plain this heavily upgraded home sits on 3.48 fenced acres of rolling hills specifically set up for horses, goats and dogs. With a little more than 1300 sq. ft this 2 bedroom home is cute and cozy and features a lot of upgrades including : NEW perimeter fencing, NEW windows, newer KITCHEN with soft close doors, paint, laminate flooring, High Efficiency FURNACE, newer hot water TANK, new custom blinds, newer roof and new small horse barn. The setting is nothing less than serene with lots of room to build your dream garage or shop. Don't miss the opportunity to own a truly unique property.
Read full post
Copyright 2019 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.