Real Estate Market Stats for Edmonton and Area -March 2015

13
EDMONTON REAL ESTATE MARKET REPORT March 2015 Venture Realty Curtis Wendel Ph: 780-257-2878 Email: [email protected] Web: www.curtiswendel.com

Transcript of Real Estate Market Stats for Edmonton and Area -March 2015

Page 1: Real Estate Market Stats for Edmonton and Area -March 2015

EDMONTONREAL ESTATEMARKET REPORTMarch 2015

Venture Realty

Curtis WendelPh: 780-257-2878Email: [email protected]: www.curtiswendel.com

Page 2: Real Estate Market Stats for Edmonton and Area -March 2015

Market Status

0

+1

+2

+4+3

+10

+9

+8

+6+7

+5

4.09

Selle

r’s

Balanced Buyer’s

Buyer’s

monthsof inventory

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 3: Real Estate Market Stats for Edmonton and Area -March 2015

Market Status (13 months history)No. of months of inventory

0

2

4

6

BUYE

R’S

MAR

KET

NEUT

RAL

MAR

KET

SELL

ER’S

MAR

KET

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

3.16

Nov.2014

3.80

Dec.2014

8

10

5.64

Jan.2015

4.87

Feb.2015

4.09

Mar.2015

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 4: Real Estate Market Stats for Edmonton and Area -March 2015

Average Prices

Compared to LAST MONTH,homes areselling for

Month to Month Year to Year

Feb2015

$364,385

Mar2015

$373,005

Mar2014

$363,757

Mar2015

City of Edmonton average SOLD price

Compared to LAST YEAR,homes areselling for

more

Edmontonmore

$373,005

+2.4% +2.5%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 5: Real Estate Market Stats for Edmonton and Area -March 2015

Single family homes average SOLD priceMonth to Month Year to Year

Feb2015

$431,909

Mar2015

$438,880 $434,283

Mar2014

Mar2015

$438,880

Compared to LAST MONTH,single family homes areselling for

Compared to LAST YEAR,single family homes areselling for

more

Single Familymore

+1.6% +1.1%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 6: Real Estate Market Stats for Edmonton and Area -March 2015

Apartment condo average SOLD priceMonth to Month Year to Year

Feb2015

$250,308

Mar2015

$249,841 $249,841

Mar2014

$248,822

Mar2015

Compared to LAST MONTH,apartment condos areselling for

less

Compared to LAST YEAR,apartment condos areselling for

more+0.4%

lessCondos

-0.2%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 7: Real Estate Market Stats for Edmonton and Area -March 2015

Townhouse average SOLD price

$329,897

Month to Month Year to Year

Feb2015

$353,483

Mar2015

$354,022 $354,022

Mar2014

Mar2015

Compared to LAST MONTH,townhouses areselling for

Compared to LAST YEAR,townhouses areselling for

moreTownhouses+7.3%

more

+0.2%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 8: Real Estate Market Stats for Edmonton and Area -March 2015

Years - Residential Average PricePrices in $ and Price movement in percentage

200

0

100

300

400

500

14 years average of price increase for city of Edmonton is 7.98%2002

+12.60%

150,2

58

2003

+10.17%

165.5

41

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

97

2013

+2.89%

349.0

13

2014

+5.19%

367,1

23

YTD

2015

+0.24%

368,0

02

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 9: Real Estate Market Stats for Edmonton and Area -March 2015

InventoryNEW listings

3,1522,547

Month to Month Year to Year

Feb2015

Mar2015

3,1522,411

Mar2014

Mar2015

Compared to LAST MONTH,there are

morenew listings

+30.7%

Compared to LAST YEAR,there are

morenew listings

+23.8%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 10: Real Estate Market Stats for Edmonton and Area -March 2015

Listing inventory & SOLD (13 months history)

0

4,000

3,000

2,000

1,000

6,000Active listings Sold listings

5,000

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

1,993

5,609

Aug.2014

1,695

5,334

Set.2014

1,664

4,812

Oct.2014

1,502

4,473

Nov.2014

1,236

3,906

Dec.2014

805

3,059

Jan.2015

733

4,132

Feb.2015

1,028

5,008

Mar.2015

1,453

5,944

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 11: Real Estate Market Stats for Edmonton and Area -March 2015

Transactions DataOdds of selling(Percentage of Homes Sold VS Listings)Month to Month Year to Year

Feb2015

1,028 SOLDout of

5,008 listed

Mar2015

Mar2014

38.23%

1,453 SOLDout of

5,944 listed

1,687 SOLDout of

4,413 listed

Mar2015

24.44% 24.44%

1,453 SOLDout of

5,944 listed

Compared to LAST MONTH,the odds of selling increasedby

Compared to LAST YEAR,the odds of selling decreasedby

-35.67%+19.09%

20.53%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 12: Real Estate Market Stats for Edmonton and Area -March 2015

Average Days on Market

Month to Month Year to Year

DOM44

DOM45

DOM44

DOM48 Mar 2014

Mar 2015

Feb 2015

Mar 2015

Compared to LAST MONTH,homes are selling

faster

Compared to LAST YEAR,homes are selling

faster

+2.3%+9.1%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.

Page 13: Real Estate Market Stats for Edmonton and Area -March 2015

Numbers of Homes SOLD by Price Range1,666

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

344

10.70%21.10%

678

20.19%

649

7.69%

247

3.39%

1091.56%

500.59%

190.31%

10 170.03%

10.03%

10.00%

00.00%

00.00%

0

33.88%

1089

Total SOLDhomes YTD

3,214

0.53%

This report was created by AgentCampaign.com YoungM Media Inc using EREB Edmonton Real Estate Board data. Information herein deemed reliable but not guaranteed. ©2015 by AgentCampaign.com YoungM Media Inc. All rights are reserved. Only Clients of Agent Campaign have the right to view, copy and distribute for the commercial purpose.