Latest Blog Entries
Market activity has been steady in spite of higher interest rates. Many buyers are looking at downsizing to lower their costs or buying affordable homes and condominiums to avoid rising rental rates.
Sep 7, 2023 | by Peter KubiczekMarket activity has been steady in spite of higher interest rates. Many buyers are looking at downsizing to lower their costs or buying affordable homes and condominiums to avoid rising rental rates.
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August Housing Statistics: High Demand for More Affordable Properties
Sep 7, 2023 | by Peter KubiczekFor August, detached unit sales were up 16.8% from August 2022 and decreased 5.8% from July 2023 at 1,311. Semi-detached unit sales were down 11.6% month-over-month but increased by 12.9% from this time last year. Row/Townhouse unit sales were up 50.0% from August 2022 and up 23.2% from July 2023. Apartment Condominium unit sales had an increase of 25.1% from August 2022, while noting a decrease of 6.9% from the previous month.
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Market News
Despite Interest Rate Worries, Low Inventory Causes Increase in Average Sale Prices
Nov 6, 2023 | by Peter KubiczekTotal residential average prices came in at $396,550, a 0.6% increase from September 2023, and a 0.7% decrease from[...] Read More...
Out of town buyers investing in affordable Edmonton market, creating increased sales.
Oct 5, 2023 | by Peter KubiczekTotal residential unit sales in the Greater Edmonton Area (GEA) real estate market for September 2023 hit 2,058, dropping[...] Read More...August Housing Statistics: High Demand for More Affordable Properties
Sep 7, 2023 | by Peter KubiczekFor August, detached unit sales were up 16.8% from August 2022 and decreased 5.8% from July 2023 at 1,311.[...] Read More...- Single Family Detached - Average Selling Price $495,000 Down 1.4%from M/M andUp 2.1%Y/Y
- Townhouse Condominium - Average Selling Price $253,345 Down 4.1%from M/M andUp 3.6%Y/Y
- All Residential - Average Selling Price $397,811 Down 2.7%from M/M andUp 0.5%Y/Y
- Average Days on the Market - All Properties 46, Detached Homes 45, Semi-detached 42, Townhouse Condominiums 44, Apartment Condominiums 56,
- Total residential LISTED - 3,293 Up 0.3%from M/M andUp 3.7%Y/Y
- Total residential SOLD - 2,250 Down 3.1%from M/M andUp 21.8%Y/Y
- Total residential Active Inventory on MLS - 6,770 Down 2.4%from M/M andDown 17.3%Y/Y.
Testimonials from Happy Clients of THE KUBICZEK TEAM
Peter, thank you for your expertise, professionalism to walk me through the listing and selling process kindness during a critical time while I was undergoing a major surgery and needed a compassionate realtor partnership and support. I have so much to be grateful for these days, and this includes Peter and his team. If you […]
Barbara DeS.
Personal Service. Professional Results.Peter is an excellent realtor. We bought and sold through him. It was never an issue for him to come up to our house to review an offer even at midnight, which in our case he did. He does not cut corner, he is ethical and the next time we sell or purchase Peter and […]
Bernadette & Mark Gislason
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Yanying Pi and Family
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