Edmonton Alberta Real Estate stats for Single Family and Condo Resale for the month of January 2015. Graphs and Charts to detail numbers

1. EDMONTON
REAL ESTATE
MARKET REPORT
February 2014
Venture Realty
Curtis Wendel
Ph: 780-257-2878
Email: cwendel@live.ca
Web: www.curtiswendel.com

2. Market Status
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
+6.0+3.0
+3.5 +5.5
+4.0 +5.0
+4.5
6.2
Balanced
Buyer’s
Buyer’s
months
of inventory

3. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Market Status (13 months history)
No. of months of inventory
1
2
3
4
Jan.
2014
Feb.
2014
BUYER’S
MARKET
NEUTRAL
MARKET
SELLER’S
MARKET
3.93
3.19
Mar.
2014
2.62
Apr.
2014
2.46
May
2014
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
5
6 6.20
Jan.
2015

4. Average Prices
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Compared to LAST MONTH,
homes are
selling for
Month to Month Year to Year
Dec
2014
$358,045
Jan
2015
$362,394
Jan
2014
$349,284
Jan
2015
City of Edmonton average SOLD price
Compared to LAST YEAR,
homes are
selling for
more
+3.8%
Edmonton
more
+1.2%
$362,394

5. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Dec
2014
$429,713
Jan
2015
$427,178 $414,040
Jan
2014
Jan
2015
$427,178
Single family homes average SOLD price
Compared to LAST MONTH,
single family homes are
selling for
Compared to LAST YEAR,
single family homes are
selling for
more
+3.2%
Single Family
less
–0.6%

6. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Dec
2014
$245,161
Jan
2015
$247,116 $247,116
Jan
2014
$234,143
Jan
2015
Apartment condo average SOLD price
Compared to LAST MONTH,
apartment condos are
selling for
more
Compared to LAST YEAR,
apartment condos are
selling for
more
+5.5%+0.8%
less
Condos

7. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
$336,154
Month to Month Year to Year
Dec
2014
$355,311
Jan
2015
$388,939 $388,939
Jan
2014
Jan
2015
Townhouse average SOLD price
Compared to LAST MONTH,
townhouses are
selling for
Compared to LAST YEAR,
townhouses are
selling for
moreTownhouses
+15.7%
more
+9.5%

8. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Prices in $ and Price movement in percentage
200
0
100
300
400
500
Years - Residential Average Price
14 years average of price increase for city of Edmonton is 8.54%
2004
+8.50%
179,610
2005
+7.98%
193.934
2006
+29.38%
250,915
2007
+35.04%
338,826
2008
–1.75%
332,905
2009
–3.75%
320,416
2010
+3.76%
332,478
2011
–1.41%
327,795
2012
+3.48%
339,197
2013
+2.89%
349.013
2014
+5.19%
367,123
YTD
2015
-1.29%
362,394

9. Inventory
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
23161788
Month to Month Year to Year
Dec
2014
Jan
2015
2316931
Jan
2014
Jan
2015
NEW listings
Compared to LAST MONTH,
there are
more
new listings
+148.8%
Compared to LAST YEAR,
there are
more
new listings
+29.5%

10. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
0
4,000
3,000
2,000
1,000
6,000
Jan.
2014
Active listings Sold listings
5,000
899
3,537
Feb.
2014
1,224
3,906
Listing inventory & SOLD (13 months history)
Mar.
2014
1,687
4,413
Apr.
2014
1,996
4,910
May
2014
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
1,503
4,473
Nov.
2014
1,239
3,906
Dec.
2014
806
3,059
Jan.
2015
666
4,132

11. Transactions Data
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
Dec
2014
26.35%
806 SOLD
out of
3,059 listed
Jan
2015
Jan
2014
25.42%
666 SOLD
out of
4,132 listed
899 SOLD
out of
3,537 listed
Jan
2015
16.12% 16.12%
666 SOLD
out of
4,132 listed
Odds of selling
(Percentage of Homes Sold VS Listings)
Compared to LAST MONTH,
the odds of selling decreased
by
Compared to LAST YEAR,
the odds of selling decreased
by
-38.83% -36.33%

12. INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board
Month to Month Year to Year
DOM
58
DOM
60
DOM
58
DOM
55
Average Days on Market
Jan 2014
Jan 2015
Dec 2014
Jan 2014
Compared to LAST MONTH,
homes are selling
slower
Compared to LAST YEAR,
homes are selling
faster
-5.2% +3.4%

13. 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
Over
3.5 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
91
13.66%
22.07%
147
16.22%
108
8.56%
57
3.90%
26
1.35%
9
0.30%
2
0.60%
4 4
0.00%
0
0.15%
1
0.00%
0
0.00%
0
0.00%
0
32.58%
217
Numbers of Homes SOLD by Price Range
Total SOLD
homes YTD
666
0.60%