Slide presentation yeg march 2015
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Transcript of Slide presentation yeg march 2015
EDMONTONREAL ESTATEMARKET REPORTMarch 2015
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
0
+1
+2
+4+3
+10
+9
+8
+6+7
+5
5.38
Selle
r’s
Balanced
Buyer’s
monthsof inventory
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Market Status (13 months history)No. of months of inventory
0
2
4
6
Feb.2014
BUYE
R’S
MAR
KET
NEUT
RAL
MAR
KET
SELL
ER’S
MAR
KET
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
8
10
5.62
Jan.2015
5.38
Feb.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
Jan2015
$362,915
Feb2015
$362,432
Feb2014
$363,310
Feb2015
City of Edmonton average SOLD price
Compared to LAST YEAR,homes areselling for
less
Edmontonless
$362,432
-0.1% -0.2%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Jan2015
$424,402
Feb2015
$430,770 $433,252
Feb2014
Feb2015
$430,770
Single family homes average SOLD price
Compared to LAST MONTH,single family homes areselling for
Compared to LAST YEAR,single family homes areselling for
less
Single Familymore
+1.5% -0.6%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Selle
r’s
Month to Month Year to Year
Jan2015
$252,642
Feb2015
$250,088 $250,088
Feb2014
$238,376
Feb2015
Apartment condo average SOLD price
Compared to LAST MONTH,apartment condos areselling for
less
Compared to LAST YEAR,apartment condos areselling for
more+4.9%
lessCondos
-1.0%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
$338,024
Month to Month Year to Year
Jan2015
$378,343
Feb2015
$347,922 $347,922
Feb2014
Feb2015
Townhouse average SOLD price
Compared to LAST MONTH,townhouses areselling for
Compared to LAST YEAR,townhouses areselling for
moreTownhouses+2.9%
less
-8.0%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
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 7.89%2004
+8.50%
179,6
10
2005
+7.98%
193.9
34
2006
+29.38%
250,9
15
2007
+35.04%
338,8
26
2008
–1.75%
332,9
05
2009
–3.75%
320,4
16
2010
+3.76%
332,4
78
2011
–1.41%
327,7
95
2012
+3.48%
339,1
972013
+2.89%
349.0
13
2014
+5.19%
367,1
23
YTD
2015
-1.22%
362,6
45
Inventory
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
2,4031,910
Month to Month Year to Year
Jan2015
Feb2015
2,4032,314
Feb2014
Feb2015
NEW listings
Compared to LAST MONTH,there are
morenew listings
+3.8%
Compared to LAST YEAR,there are
morenew listings
+25.8%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
0
4,000
3,000
2,000
1,000
6,000Active listings Sold listings
5,000
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
1,502
4,473
Nov.2014
1,239
3,906
Dec.2014
805
3,059
Jan.2015
735
4,132
Feb.2015
931
5,008
Transactions Data
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Jan2015
735 SOLDout of
4,132 listed
Feb2015
Feb2014
31.34%
931 SOLDout of
5,008 listed
1,224 SOLDout of
3,906 listed
Feb2015
18.59% 18.59%
931 SOLDout of
5,008 listed
Odds of selling(Percentage of Homes Sold VS Listings)
Compared to LAST MONTH,the odds of selling increasedby
Compared to LAST YEAR,the odds of selling decreasedby
-40.36%+4.51%
17.79%
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
DOM48
DOM53
DOM48
DOM58
Average Days on Market
Feb 2014
Feb 2015
Jan 2015
Feb 2015
Compared to LAST MONTH,homes are selling
faster
Compared to LAST YEAR,homes are selling
faster
+10.4%+20.8%
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
196
11.76%21.43%
357
18.13%
302
7.44%
1243.24%
541.38%
230.72%
120.36%
6 80.00%
00.06%
10.00%
00.00%
00.00%
0
34.99%
583
Numbers of Homes SOLD by Price Range
Total SOLDhomes YTD
1,666
0.48%