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karengrummett.com

August 2019 Issue
780-990-9967
Karen Grummett
August newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you out.

Karen Grummett
Karen Grummett
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RE/MAX Elite
780-990-9967
karengrummett.com

Edmonton Real Estate Board

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July’s Residential Unit Sales Up 11% Year Over Year

Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of July 2019 rose 11.49% compared to July 2018. While sales rose, the number of new residential listings dropped 10.01% from July 2018, and overall inventory in the Edmonton CMA dropped 13.58% from July of last year.

Single family home unit sales increased 17.79%, while condo unit sales dropped 0.89%, and unit sales of duplexes increased 4.42% from the same period of time last year.

All residential average prices decreased to $366,344, a drop of 1.70% from July 2018, and are virtually unchanged from June 2019. Single family homes sold for an average of $429,717, a 1.91% year-over-year drop from July 2018, but a 1.37% increase from June 2019. Condominiums sold for an average of $222,911, a 10.3% drop year-over-year, and a decrease of 6.59% from the previous month. Duplexes dropped 2.80% from last year to $333,317, which was a 1.63% decrease from the previous month.

Click here for the full report

Crank up Your Curb Appeal This Summer

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Summer is the perfect time to spruce up the exterior of your home and help it look its best year-round. Besides making your home look more welcoming, boosting your home’s curb appeal is also a fantastic way to attract potential homebuyers. If you are thinking about revamping your home’s curb appeal, these inexpensive projects are the perfect place to start!

Get Rid of the Grime with a Power Wash

Years of accumulated dirt and dust can really put a damper on your home’s appearance. A power wash is a simple way of freshening up a home’s exterior that can make it look brighter and more attractive. Concrete driveways and walkways can also really benefit from a good power wash!

Touch up Your Home’s Paint Job

Through regular wear and tear, it is natural to have the paint on your home bubble and crack in a few spots. Thankfully, fixing these spots isn’t too much of an issue! If a part of your home’s paint is peeling, take a few chips to your local paint store to find a color that matches. Be sure to do a couple of test patches to see how a color looks once it has dried. Once you have your matching color, you will want to scrape the paint off of any rough-looking patches and apply a primer before you start painting.

Bring Some Color to Your Garden

Bright, colorful flowers are a great way to raise your home’s curb appeal! Perennial flowers such as certain types of sunflowers and lilies are low-maintenance additions that are sure to bring a welcoming splash of color to your front yard.

Sherwood Park Market Watch - Detached

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Stats are calculated comparing July 2019 to July 2018 .

To see more information on local stats in Sherwood Park, please click here.

Sherwood Park Market Watch - Condo

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Stats are calculated comparing July 2019 to July 2018 .

To see more information on local stats in Sherwood Park, please click here.

Local Events

Edmonton Airshow
Sturgeon County, AB
August 17, 2019 - August 18, 2019
Edmonton Blues Festival
Edmonton, AB
August 23, 2019 - August 25, 2019
SYMPHONY UNDER THE SKY 2019
Edmonton, AB
August 28, 2019 - September 1, 2019

Latest Featured Listings

Sold
E4166055

Prepare to be impressed! Clarkdale Meadows / E4166055

$408,000
3 Bedrooms 4 Bathrooms 1,351 Sq Ft

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.


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