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Well, I was checking out the MLS Month To Date Activity ( MTD ) for March 2011, as provided by the REALTORS Association of Edmonton, and, thus far, residential and rural sales seem to be trending slightly below the March 2010 figures but commercial numbers are on par, something I've heard from some of my commercial specialist brethren... but we've still got a few days of activity left. Hopefully two days of semi-decent, sun-laden weather could spike the residential numbers!?

 

In a nutshell,  here's how the residential activity numbers break out:

 

                                                       March 2011 MTD         March 2010 Totals

Residential ( units )                                         1,382                                 1,571

Rural ( units )                                                       101                                    129

 

Residential ( Total $ Volume )        $451,335,435                 $539,807,343

Rural ( Total $ Volume )                     $38,112,388                    $43,905,433

 

Single Family Avg. Selling Price             $377,081                         $388,473

Condo Avg. Selling Price                         $231,751                         $252,416

Duplex / Rowhouse Avg. Selling Price  $291,745                        $313,836

Rural Avg. Selling Price                           $377,350                         $340,352

 

There we have it! Slight decreases in avg. selling prices across the residential board, but slightly up for our rural figures. No Days on the Market date from the MTD figures... more analysis after the March 2011 month end figures come out. That said, I'm a numbers nerd and couldn't help but to get an idea of where we are at.

 

There are some new Canada wide stats released today by 'The Teranet-National Bank Composite House Price Index' stating that across the board, January 2011 Canadian home prices increased by 0.4%. Good news, but maybe not pertain to our locale. 

 

Even better news: "Edmonton breaks into Canada's top 10 liveable cities", Edmonton Journal, March 30,2011

 

http://www.edmontonjournal.com/business/fp/Edmonton+breaks+into+Canada+liveable+cities/4522696/story.html

 

Excellent news - Congratulations Edmonton!

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Hello! Learned more than I can almost handle yesterday at the uber-informative "Staying Relevant Online" session presented by the Edmonton Real Estate Board ( EREB ). It was presented by the eloquent master of social media, Kathy Hogeveen of Touch Marketing. Search her online, she can't be missed as she has definitely mastered the art of SEO'ing ( search engine optimizing... I now know ); she was awesome. The importance of this Social Media medium cannot be denied and it's time to get this real estate professional right on board, although the task at hand is rather daunting. Hopefully an increased and more effective web-presence shall be observed by all as I attempt to embark on this pursuit. More later...

 

FYI - This is now old news: "The Canadian Real Estate Association releases REALTOR.ca mobile application for Apple iPhone", Ottawa, ON - December 21, 2010.

 

However, for anyone remotely interested in real estate and having an iPhone should check this out. I think it's pretty cool and it has come in very useful when I am out and about with or without clients. Check it out!

 

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Let's launch this blog entry with the announcement we've just listed a beautiful condo unit on the 6th floor of The Athabascan on Jasper Avenue NW, MLS #E3254452. Check it out, it's beautifully renovated and upgraded from what it used to be. I used to live in a condo overlooking the River Valley and you cannot beat it; in fact, I miss it.

 

I'm going to utilize this space to provide Edmonton Real Estate stat's, articles, information, and whole lot more... Stay tuned!

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