Property Photo: 1515 WATES PL
Please visit our Open House at 1515 WATES PL.
Open House on Saturday, July 23, 2011 2:00 pm
Brand new gorgeous 2 storey home in prestigious Upper Windermere. 3 bedrooms, two and a half bathrooms, plus huge Bonus Room with vaulted ceiling and lots of light. Dream kitchen offers a large island with eating bar, pantry and includes stainless steel appliances. Relax and entertain guests in the open concept family room which opens up to the nook and kitchen and includes gas fireplace. Convenient spacious main floor laundry with front loading washer and dryer. The master bedroom has a luxury spa like ensuite offering a corner soaker tub, a separate shower and walk-in closet. The additional 2 bedrooms are large and offer tons of closet space. Upgraded Hardie Plank exterior. If that isn't enough, you have exclusive access to Upper Windermere's private leisure centre which includes outdoor heated swimming pool, tennis court, outdoor skating rink and more. Easy access to the airport, Anthony Henday, shopping and much more.
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CentralZone 5 -  Alberta Avenue, Delton, Eastwood, Elmwood Park, Park Dale

Zone 08 -  Central McDougall, Edmonton Municipal, Prince Rupert, Queen Mary Park, Spruce Avenue, Westwood, Yellowhead Corridor

Zone 12 -  Downtown Edmonton, Oliver, Rossdale

Zone 13 -  Boyle Street, McCauley, Riverdale

 

 

 

 

 

 

 

Central Edmonton Homes For Sale

Central Edmonton Condos For Sale

 Current Active Listings in Central Edmonton

 

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Sold Listings in Central Edmonton in June 2011

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DOM = Days on the Market

LP = List Price

SP = Sold Price

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According to statistics released today by The Canadian Real Estate Association (CREA), home sales activity over MLS® Systems of Canadian real estate Boards climbed in June 2011 compared to May.

 

Highlights:

 

  • Sales activity climbed from May to June, with a big year-over-year gain reflecting falling demand in June 2010.
  • Year-to-date sales remain in line with the ten-year average.
  • The number of newly listed homes also rose from May to June.
  • National housing market remains firmly entrenched in balanced territory.
  • National average price still being skewed upward by the value of sales in expensive Vancouver neighbourhoods, with price gains in other markets providing additional loft.

 

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Economic and other external indicators point to a strengthening of the local real estate market according to the REALTORS® Association of Edmonton.

  • Statistics Canada reported that Alberta boasted the highest spike in population in the first quarter with a 0.4% increase.
  • The Conference Board of Canada predicts that housing prices in Edmonton will increase from five to seven percent in the short term although local prices are currently down when compared to last year.
  • Although the Bank of Canada seems reluctant to raise interest rates because of the negative impact on exports, CMHC reports that Canadians are budgeting for an interest rate hike.
  • While housing prices nationally are up by 8.6% (May figures) Edmonton prices are tracking predictably in a stable market.
  • CIBC is of the opinion that Alberta home prices are over-valued by 17% yet RBC names Edmonton amongst the most affordable major metro markets in Canada.
  • A report by Peters and Co. forecast that $180 billion will be spent on new oilsands projects in the next decade with current oilsands operations and maintenance adding another $30 billion a year.

“The various reports and indicators can be confusing and contradictory,” said REALTORS® Association of Edmonton President Chris Mooney. “Alberta and Edmonton are often moving in a different direction than the rest of the country and a national statistic or trend may not apply here. REALTORS® are very optimistic about the current market and are prepared to help home buyers and sellers sort through the figures to determine the best housing strategy for each individual or family.”

 

In the first half of the year the average* price of a single family detached home has risen from $357,540 to $379,409 while the all-residential price has risen from $308,497 to $330,297. However compared to the same-month year-over-year, prices have risen consistently between the levels set in the past two years.

 

In the short term, when compared to the previous month, prices in June were generally stable. Single family homes were up 0.31% from $378,239 to $379,409. Condo prices dropped from $239,782 to $231,852 (down 3.3% after rising 3.1% in May). Duplex and row house prices climbed slightly from $295,334 to $296,689. The all-residential average price dipped 0.5% during the month of June.

 

There were 1,768 residential sales in June with 3,260 listings resulting in a sales-to-listing ratio of 54%. This is compared to 53% in May. There are currently 8,432 residential properties in the MLS® System inventory and days-on-market is slower at 53 days (up from 50 in May).

 

“We know that all real estate is local and homeowners and buyers should focus on local data and local expertise to guide their decisions,” said Mooney. “Is it a good time to buy a home in Edmonton? If your domestic needs have changed and you need to move, then seek professional advice and start the process.”

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For SaleEdmonton's residential real estate market saw sales pick up in June while prices lagged compared to June 2010.

 

Residential MLS sales finished at $584 million for the month, up 7.6 per cent from a year earlier, according to new figures from the Realtors Association of Edmonton.

 

There were 1,768 residential sales in June with 3,260 listings for a sales-to-listing ratio of 54 per cent. That compares with 1,619 residential sales in June 2010 with 3,339 listings, for a sales-to-listing ratio of 48 per cent.

 

The June residential average price dipped half a percentage point to $330,297 year-over-year.

 

Single-family MLS sales rose 15.1 per cent to 1,165 homes from 1,012 in June 2010. The average single-family home selling price for June was $379,409, down 2.86 per cent year-over-year.

 

The median single-family selling price was $361,888, up about one per cent year-over-year.

 

Condo sales in June remained flat with 482 sales, just below 486 sold a year earlier. But the average condo selling price finished at $231,852, down more than five per cent year-over-year.

 

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Property Photo: 1515 WATES PL
I have listed a new property at 1515 WATES PL.
Brand new gorgeous 2 storey home in prestigious Upper Windermere. 3 bedrooms, two and a half bathrooms, plus huge Bonus Room with vaulted ceiling and lots of light. Dream kitchen offers a large island with eating bar, pantry and includes stainless steel appliances. Relax and entertain guests in the open concept family room which opens up to the nook and kitchen and includes gas fireplace. Convenient spacious main floor laundry with front loading washer and dryer. The master bedroom has a luxury spa like ensuite offering a corner soaker tub, a separate shower and walk-in closet. The additional 2 bedrooms are large and offer tons of closet space. Upgraded Hardie Plank exterior. If that isn't enough, you have exclusive access to Upper Windermere's private leisure centre which includes outdoor heated swimming pool, tennis court, outdoor skating rink and more. Easy access to the airport, Anthony Henday, shopping and much more.
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SEZone 17 -  Argyll, Avonmore, Hazeldean, King Edward Park, Ritchie.

Zone 18 -  Bonniedoon, Cloverdale, Holyrood, Idlewylde, Kenilworth, Ottwell, Strathearn.

Zone 19 -  Capilano, Forest Heights, Fulton Place, Gold Bar, Terrace Heights, Millwoods.

Zone 29 -  Bisset, Crawford Plains, Daly Grove, Ekota, Greenview, Hillview, Jackson Heights, Kameyosek, Kiniski Gardens, Lee Ridge, Mensia, Mayonohk, Michaels Park, Millwoods Park, Minchau, Pollard Meadows, Richfield, Sakaw, Satoo, Tawa, Tipaskan, Tweddle Place, Weinlos

Zone 30 -  Larkspur, The Meadows, Silver Berry, Wildrose

Zone 41

Zone 42

Zone 53

Zone 54

 

 

Edmonton South East Homes For Sale

Edmonton South East Condos For Sale

 Current Active Listings in South East Edmonton

 

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Sold Listings in South East Edmonton in June 2011

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DOM = Days on the Market

LP = List Price

SP = Sold Price

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SWZone 14 -  Brander Gardens, Brookside, Brookeside, Buylea Heights, Carter Cresc, Falconer Heights, Haddow, Henderson Estates, Hodgson, Legar, Ogilvie Ridge.

Zone 15 -  Allendale, Belgravia, Empire Park, Garneau, Grandview Heights, Landsdown, Lendrum Place, Malmo Plains, McKernan, Park Allen, Pleasant View, Queen Alexandra, Strathcona, Windsor Park.

Zone 16 -  Aspen Gardens, Royal Gardens, Rideau Park, Duggan, Greenfield, Westbrook Estate, Sweet Grass, Blue Quill Estates, Steinhauer, Ermineskin, Skyrattler, Keheewin, Twin Brooks, and Bearspaw.

Zone 55 -  Blackburne, MacEwan, and Richford

Zone 56 -  Windermere Estates

Zone 57 -  Woodbend Estatesh

 

Edmonton South West Homes for Sale

Edmonton South West Condos for Sale

 Current Active Listings in South West Edmonton

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Sold Listings in South West Edmonton in June 2011

 

stat2

 

 

DOM = Days on the Market

LP = List Price

SP = Sold Price

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.