EDMONTONREAL ESTATEMARKET REPORTMarch 2015

Venture Realty

Curtis WendelPh: 780-257-2878Email: cwendel@live.caWeb: 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%