Ulli Nerenberg
203, 2951 Ellwood Drive S.W. T6X 0B1 Edmonton, AB, Canada

Residential Unit Sales and New Listings Up to Start 2021 Edmonton, February 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for January 2021 increased 47.1% compared to January 2020 and increased 5.9% from December 2020. The number of new residential listings is up year over year, increasing 8% from January 2020. New residential listings are up month over month, increasing 87.9% from December 2020. Overall inventory in the GEA fell... 17% from January of last year and increased 5% from December 2020. For the month of January, single family home unit sales are up 50.1% from January 2020 and up 8.5% from December 2020 at 737. Condo unit sales increased 43.8% from January 2020 and increased 2.7% from December 2020. All residential average prices are up to $364,040, a 3.7% increase from January 2020, and up 0.4% from December 2020. Single family homes sold for an average of $427,677, a 3.2% year-over-year increase from January 2020, and a 0.4% decrease from December 2020. Condominiums sold for an average of $216,757, a 6.1% increase year-over-year, and prices are down 0.5% compared to December 2020. Duplex prices increased 1.6% from January 2020, selling at $344,400, which was a 4% decrease from December 2020. The Edmonton market in January saw an increase in year-over-year residential unit sales as well as month-to-month sales, says REALTORS Association of Edmonton Chair Tom Shearer. There have also been more sales of single-family homes, condos and duplexes compared to January of last year, while we’ve seen an increase in month over month sales for single-family homes and condos and a decrease in duplex rowhouse sales. We are encouraged to see this kind of activity at the start of the year, which is typically a slower time in the real estate market, and especially in the current economic climate. Single family homes averaged 59 days on the market, a 14-day decrease from January of last year. Condos averaged 73 days on the market, a 10-day decrease year-over-year, while duplexes averaged 70 days on market, a 15-day decrease compared to January 2020. Overall, all residential listings averaged 65 days on market, decreasing by 14 days year-over-year and increasing by 7 days compared to the previous month.

SOLD in just 2 weeks! JUST LISTED! Bright bi-level with a finished basement across the street from Tipaskan School and Playground. Corner lot with a tandem carport. Lots of upgrades over the years. This great home is priced at $267,000. A steal of a deal!

JUST LISTED! Bright bi-level with a finished basement across the street from Tipaskan School and Playground. Corner lot with a tandem carport. Lots of upgrades over the years. This great home is priced at $267,000. A steal of a deal!

Purchase plus improvements is a program that allows you to build the cost of some renovations into the mortgage when you are purchasing your home. There are a ...few very detailed steps that we need to follow in order, so it's important for us to discuss this prior to making an offer on a home. Give me a call (780-720-1209) or shoot me an email ([email protected]) and I would be happy to go over the program in detail with you. We can also discuss alternatives that may be better for your situation.

Total Year-to-date Residential Sales up to close out 2020. Edmonton, January 4, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for December 2020 increased 31.47% compared to December 2019 and decreased 20.65% from November 2020. The number of new residential listings is down year over year, decreasing 0.15% from December 2019. New residential listings are down month over month, decreasing 29.59% from November 2020. Overall inventory ...in the GEA fell 17.29% from December of last year and decreased 19.34% from November 2020. For the month of December, single family home unit sales are up 26.44% from December 2019 and down 24.64% from November 2020 at 679. Condo unit sales increased 34.90% from December 2019 and decreased 18.30% from November 2020. All residential average prices are up to $362,447, a 2.61% increase from December 2019, and down 3.77% from November 2020. Single family homes sold for an average of $428,900, a 4.24% year-over-year increase from December 2019, and a 2.32% decrease from November 2020. Condominiums sold for an average of $217,843, a 3.68% decrease year-over-year, and prices are down 5.57% compared to November 2020. Duplex prices increased 1.84% from December 2019, selling at $331,034, which was a 2.00% decrease from November 2020. The Edmonton market in December saw an increase in year-over-year unit sales, compared to a decrease in month-to-month sales, says REALTORS Association of Edmonton Chair Tom Shearer. There have also been more sales of single-family homes, condos and duplexes compared to December of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. Total year-to-date residential sales for 2020 came in at 17,036 a 2.94% increase compared to 2019. Single family homes averaged 53 days on the market, an 11-day decrease from last year. Condos averaged 62 days on the market, a 15-day decrease from last year, while duplexes averaged 57 days on market, an 18-day decrease compared to December 2019. Overall, all residential listings averaged 58 days on market, decreasing by 11 days year-over-year and increasing by 4 days compared to the previous month.

Wishing everyone a Very Merry Christmas and HEALTHY Year 2021.

Residential Unit Sales up 27.18% compared to November 2019. Edmonton, December 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for November 2020 increased 27.18% compared to November 2019 and decreased 16.23% from October 2020. The number of new residential listings is up year over year, increasing 3.05% from November 2019. New residential listings are down month over month, decreasing 31.57% from October 2020. Overall i...nventory in the Edmonton CMA fell 15.07% from November of last year and decreased 10.94% from October 2020. For the month of November, single family home unit sales are up 36.10% from November 2019 and decreased 19.41% from October 2020 at 901. Condo unit sales increased 6.73% from November 2019 and decreased 8.38% from October 2020. All residential average prices are up to $376,636, a 6.47% increase from November 2019, and down 1.42% from October 2020. Single family homes sold for an average of $439,103, a 4.39% year-over-year increase from November 2019, and a 0.86% decrease from October 2020. Condominiums sold for an average of $230,688, a 1.18% increase year-over-year, and prices are down 0.40% compared to October 2020. Duplex prices increased 4.79% from November 2019, selling at $337,784, which was a 0.44% increase from October 2020. The Edmonton market has seen an increase in year-over-year unit sales, compared to a decrease in month-to-month sales, says REALTORS Association of Edmonton Chair Jennifer Lucas. There have also been more sales of single-family homes, condos and duplexes compared to November of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. We’re pleased to see year-over-year increases in pricing across all markets, with single family home pricing up 4.39%, duplexes up 4.79%, and condos up 1.18%. Single family homes averaged 49 days on the market, a fifteen-day decrease from last year. Condos averaged 63 days on the market, a fifteen-day decrease from last year, while duplexes averaged 54 days on market, a ten-day decrease compared to November 2019. Overall, all residential listings averaged 54 days on market, decreasing by 15 days on market year-over-year and increasing by four days compared to the previous month.

Brand New Listing in Dechene. 1450 sq.ft. bungalow totally renovated main floor. One of a kind! Bright, cheery and very contemporary. List Price $459,000. Too many upgrades to mention.

Residential Unit Sales up 35.55% compared to September 2019. Edmonton, October 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for September 2020 increased 35.55% compared to September 2019 and decreased 0.21% from August 2020. The number of new residential listings is up year over year, increasing 10.37% from September 2019. New residential listings are up month over month, increasing 5.90% from August 2020. Overall inv...entory in the Edmonton CMA fell 15.15% from September of last year and decreased 4.04% from August 2020. For the month of September, single family home unit sales are up 42.79% from September 2019 and stayed the same as August 2020 at 1,188. Condo unit sales increased 7.26% from September 2019 and decreased 2.21% from August 2020. All residential average prices are up to $376,571, a 7.14% increase from September 2019, and up 0.54% from August 2020. Single family homes sold for an average of $440,020, a 4.73% year-over-year increase from September 2019, and a 0.11% increase from August 2020. Condominiums sold for an average of $232,237, a 6.74% increase year-over-year, and prices are up 1.34% compared to August 2020. Duplex prices dropped 0.89% from September 2019, selling at $340,519, which was a 0.58% decrease from August 2020. The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a slight decrease in month to month sales, says REALTORS Association of Edmonton Chair Jennifer Lucas. There have also been more sales of single-family homes, condos and duplexes compared to September of last year, while we’ve seen stable or decreasing month over month sales in all markets, which is typical for this time of year. Single family home pricing increased 4.73%, duplexes are down 0.89%, and condos are up 6.74% year-over-year. Single family homes averaged 47 days on the market, a twelve-day decrease from last year. Condos decreased to an average of 65 days on the market while duplexes averaged 52 days on market, a fifteen-day decrease compared to September 2019. Overall, all residential listings averaged 53 days on market, decreasing by 10 days on market year-over-year and one day compared to the previous month. See more

NEW PRICE! Great deal on this 1 bedroom top floor unit in the Westpark Condominium Complex. Well maintained and secure building with video surveillance cameras and on-site manager. Very reasonable condo fees that include water/sewer and heat. Great location across from park/playground and school. Walking distance to shopping, medical facilities, public transport, restaurants and the YMCA. New list price is $109,900.

Average Residential Prices up 1.86% compared to last year. Edmonton, September 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for August 2020 increased 20.11% compared to August 2019 and decreased 13.16% from July 2020. The number of new residential listings is down year over year, decreasing 3.96% from August 2019. New residential listings are down month over month, decreasing 9.28% from July 2020. Overall inventory in... the Edmonton CMA fell 14.6% from August of last year and decreased 5.95% from July 2020. For the month of August, single family home unit sales are up 22.98% from August 2019 and down 12.39% from July 2020. Condo unit sales decreased 0.97% from August 2019 and decreased 17.41% from July 2020. All residential average prices are up to $374,409, a 1.86% increase from August 2019, and up 1.24% from July 2020. Single family homes sold for an average of $439,605, a 1.01% year-over-year increase from August 2019, and a 0.79% increase from July 2020. Condominiums sold for an average of $229,172, a 2.23% decrease year-over-year, and prices are up 1.79% compared to July 2020. Duplex prices dropped 3.48% from August 2019, selling at $342,169, which was a 3.07% increase from July 2020. The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a month to month sales decrease, says REALTORS Association of Edmonton Chair Jennifer Lucas. There have also been more sales of single-family homes compared to August of last year, while we’ve seen less sales in the condo and duplex market. Single family home pricing increased 1.01%, duplexes are down 3.48%, and condos are down 2.23% year-over-year. Single family homes averaged 46 days on the market, an eleven-day decrease from last year. Condos decreased to an average of 65 days on the market while duplexes averaged 51 days on market, a ten-day decrease compared to August 2019. Overall, all residential listings averaged 52 days on market, decreasing by 10 days on market year-over-year and two days compared to the previous month. See more

Another happy client. It was such a pleasure working with this wonderful family in selling their home and purchasing their new one.